GURUFOCUS.COM » STOCK LIST » Technology » Software » Intermap Technologies Corp (TSX:IMP) » Definitions » Receivables Turnover

Intermap Technologies (TSX:IMP) Receivables Turnover : 2.95 (As of Dec. 2023)


View and export this data going back to 2004. Start your Free Trial

What is Intermap Technologies Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Intermap Technologies's Revenue for the three months ended in Dec. 2023 was C$1.61 Mil. Intermap Technologies's average Accounts Receivable for the three months ended in Dec. 2023 was C$0.55 Mil. Hence, Intermap Technologies's Receivables Turnover for the three months ended in Dec. 2023 was 2.95.


Intermap Technologies Receivables Turnover Historical Data

The historical data trend for Intermap Technologies's Receivables Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Intermap Technologies Receivables Turnover Chart

Intermap Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.06 8.79 15.48 8.27 7.91

Intermap Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.13 1.27 1.35 3.08 2.95

Competitive Comparison of Intermap Technologies's Receivables Turnover

For the Software - Application subindustry, Intermap Technologies's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Intermap Technologies's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Intermap Technologies's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Intermap Technologies's Receivables Turnover falls into.



Intermap Technologies Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Intermap Technologies's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=8.314 / ((1.723 + 0.38) / 2 )
=8.314 / 1.0515
=7.91

Intermap Technologies's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Sep. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=1.606 / ((0.71 + 0.38) / 2 )
=1.606 / 0.545
=2.95

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Intermap Technologies  (TSX:IMP) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.


Intermap Technologies Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Intermap Technologies's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Intermap Technologies (TSX:IMP) Business Description

Traded in Other Exchanges
Address
8310 South Valley Highway, Suite 400, Englewood, CO, USA, 80112
Intermap Technologies Corp is a global location-based geospatial intelligence company. It offers end-to-end geospatial services to government and commercial markets with patented sensors and processing technology. Its solutions are used for a range of applications, including flood and wildfire insurance, aviation, telecom, renewables, and railway.

Intermap Technologies (TSX:IMP) Headlines

No Headlines