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Coloured Ties Capital (TSXV:TIE) Receivables Turnover : 0.00 (As of Dec. 2023)


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What is Coloured Ties Capital 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. Coloured Ties Capital's Revenue for the three months ended in Dec. 2023 was C$-0.99 Mil. Coloured Ties Capital's average Accounts Receivable for the three months ended in Dec. 2023 was C$0.04 Mil.


Coloured Ties Capital Receivables Turnover Historical Data

The historical data trend for Coloured Ties Capital'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.

Coloured Ties Capital Receivables Turnover Chart

Coloured Ties Capital Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Sep21 Sep22 Sep23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.77 3.21 5.90

Coloured Ties Capital 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 467.33 1.25 1.25 0.84 -

Competitive Comparison of Coloured Ties Capital's Receivables Turnover

For the Asset Management subindustry, Coloured Ties Capital'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.


Coloured Ties Capital's Receivables Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Coloured Ties Capital's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Coloured Ties Capital's Receivables Turnover falls into.



Coloured Ties Capital Receivables Turnover Calculation

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

Coloured Ties Capital's Receivables Turnover for the fiscal year that ended in Sep. 2023 is calculated as

Receivables Turnover (A: Sep. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Sep. 2023 ) / ((Accounts Receivable (A: Sep. 2022 ) + Accounts Receivable (A: Sep. 2023 )) / count )
=0.115 / ((0.003 + 0.036) / 2 )
=0.115 / 0.0195
=5.90

Coloured Ties Capital'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 )
=-0.986 / ((0.036 + 0.045) / 2 )
=-0.986 / 0.0405
=N/A

* 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.


Coloured Ties Capital  (TSXV:TIE) 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.


Coloured Ties Capital Receivables Turnover Related Terms

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Coloured Ties Capital (TSXV:TIE) Business Description

Traded in Other Exchanges
Address
10589 Ladner Trunk Road, Delta, BC, CAN, V4G 1K2
Coloured Ties Capital Inc, is an investment company, focusing on opportunities that disrupt their business sectors. The company is having extensive expertise in portfolio allocation, investment selection, and due diligence. The Company has one operating segment, being the acquisition and sale of investments in other companies.

Coloured Ties Capital (TSXV:TIE) Headlines

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