VEII (Value Exchange International) Receivables Turnover: 1.76 (As of Sep. 2024)


What is Value Exchange International Receivables Turnover?

Value Exchange International VEII Receivables Turnover is 1.76 as of Sep. 2024.

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. Value Exchange International's Revenue for the three months ended in Sep. 2024 was $4.39 Mil. Value Exchange International's average Accounts Receivable for the three months ended in Sep. 2024 was $2.50 Mil. Hence, Value Exchange International's Receivables Turnover for the three months ended in Sep. 2024 was 1.76.


Value Exchange International  (OTCPK:VEII) 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.


Value Exchange International Receivables Turnover Related Terms


Value Exchange International Receivables Turnover Historical Data

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The historical data trend for Value Exchange International'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.

Value Exchange International Receivables Turnover Chart

Value Exchange International 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 12.32 29.94 13.69 10.97 8.38

Value Exchange International Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.91 2.08 2.09 2.27 1.76

VEII vs FRQN, HWNID, SEAV: Receivables Turnover Comparison

For the Information Technology Services subindustry, Value Exchange International'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.


Value Exchange International Receivables Turnover vs Software Industry

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

* The bar in red indicates where Value Exchange International's Receivables Turnover falls into.



Value Exchange International Receivables Turnover Calculation

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

Value Exchange International's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=12.03 / ((1.133 + 1.737) / 2 )
=12.03 / 1.435
=8.38

Value Exchange International's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=4.387 / ((2.1 + 2.895) / 2 )
=4.387 / 2.4975
=1.76

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 1.76 mean?
Value Exchange International (VEII) has a Receivables Turnover of 1.76 as of Sep. 2024. The accounts 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. View historical data on Value Exchange International and its competitors.
Is Value Exchange International's Receivables Turnover too high?
Value Exchange International's current Receivables Turnover is 1.76. The Software industry median Receivables Turnover is 5.72. Value Exchange International's value of 1.76 is 69.2% below this industry median.
How does Value Exchange International's Receivables Turnover compare to FRQN and HWNID?
Value Exchange International's Receivables Turnover of 1.76 can be compared against companies in the Software industry. The industry median Receivables Turnover is 5.72. Value Exchange International's value of 1.76 is 69.2% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Software company?
The median Receivables Turnover among Software companies is 5.72, based on 2,773 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Value Exchange International's current Receivables Turnover of 1.76 is 69.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Value Exchange International and its competitors. For the Software industry, the median Receivables Turnover is 5.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Value Exchange International's current Receivables Turnover is 1.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Value Exchange International stock overvalued right now?
Value Exchange International (VEII) has a current Receivables Turnover of 1.76. The current Receivables Turnover is 1.76 and 69.2% below the Software industry median of 5.72. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Value Exchange International (VEII), the current Receivables Turnover is 1.76 as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Value Exchange International Business Description

Address 18 Sheung Yuet Road, 10th Floor, FT Life Tower, Kowloon Bay, Kowloon, Hong Kong, HKG, 999077
Value Exchange International Inc is a United States-based software company. Its business activities include providing credit and debit card processing services to multinational retailers in Asia and engaging in the systems development and information technology business. It offers Point of Sale equipment, Payment devices, Offer management and CRM related software solutions, and Software support services for the retail industry in China, Hong Kong, and Manila, Philippines.