AGEDB Technology (TSXV:AGET) Receivables Turnover : 0.03 (As of Jan. 2025)

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What is AGEDB Technology 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. AGEDB Technology's Revenue for the three months ended in Jan. 2025 was C$0.20 Mil. AGEDB Technology's average Accounts Receivable for the three months ended in Jan. 2025 was C$6.26 Mil. Hence, AGEDB Technology's Receivables Turnover for the three months ended in Jan. 2025 was 0.03.

AGEDB Technology Receivables Turnover Historical Data

The historical data trend for AGEDB Technology'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.

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AGEDB Technology Receivables Turnover Chart

AGEDB Technology Annual Data

Trend

Apr23

Apr24

Receivables Turnover

3.06

2.57

AGEDB Technology Quarterly Data
	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
Receivables Turnover	Get a 7-Day Free Trial				-	-	1.10	0.66	0.03

Competitive Comparison of AGEDB Technology's Receivables Turnover

For the Software - Infrastructure subindustry, AGEDB Technology'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.

AGEDB Technology's Receivables Turnover Distribution in the Software Industry

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

* The bar in red indicates where AGEDB Technology's Receivables Turnover falls into.

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AGEDB Technology Receivables Turnover Calculation

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

AGEDB Technology's Receivables Turnover for the fiscal year that ended in Apr. 2024 is calculated as

	Receivables Turnover (A: Apr. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Apr. 2024 )	/ (	(Accounts Receivable (A: Apr. 2023 )	+	Accounts Receivable (A: Apr. 2024 ))	/	count )
=	1.754	/ (	(0.683	+	0)	/	1 )
=	1.754	/	0.683
=	2.57

AGEDB Technology's Receivables Turnover for the quarter that ended in Jan. 2025 is calculated as

	Receivables Turnover (Q: Jan. 2025 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jan. 2025 )	/ (	(Accounts Receivable (Q: Oct. 2024 )	+	Accounts Receivable (Q: Jan. 2025 ))	/	count )
=	0.196	/ (	(6.256	+	0)	/	1 )
=	0.196	/	6.256
=	0.03

AGEDB Technology (TSXV:AGET) 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.

AGEDB Technology Receivables Turnover Related Terms

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AGEDB Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » AGEDB Technology Ltd (TSXV:AGET) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

1120 Finch Avenue West, Suite 702, Toronto, ON, CAN, M3J 3J7

Website

https://www.agedb.io

AGEDB Technology Ltd is focused on the development of software and solutions for graph database management systems. Its core product AgensGraph Enterprise is a multi-model graph database designed for businesses demanding the highest performance, reliability, and scalability levels. It also offers professional consultancy services related to graph databases to its clients through AgensGraph Professional Services. The company operates in one principal geographical area, which is Canada.

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