VSOLF (Three Sixty Solar) Receivables Turnover: 0.00 (As of Jun. 2024)


What is Three Sixty Solar Receivables Turnover?

Three Sixty Solar VSOLF -99.99% Receivables Turnover is 0.00 as of Jun. 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. Three Sixty Solar's Revenue for the three months ended in Jun. 2024 was $0.00 Mil. Three Sixty Solar's average Accounts Receivable for the three months ended in Jun. 2024 was $0.00 Mil.

Three Sixty Solar  (OTCPK:VSOLF) 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.

Three Sixty Solar Receivables Turnover Related Terms

Three Sixty Solar Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Three Sixty Solar'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.

Three Sixty Solar Receivables Turnover Chart

Three Sixty Solar Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Sep22 Sep23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Three Sixty Solar Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.00 0.00 0.00 0.00 0.00

VSOLF vs FSLR, NXT, ENPH: Receivables Turnover Comparison

For the Solar subindustry, Three Sixty Solar'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.

Three Sixty Solar Receivables Turnover vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Three Sixty Solar's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Three Sixty Solar's Receivables Turnover falls into.


Three Sixty Solar Receivables Turnover Calculation

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

Three Sixty Solar's Receivables Turnover for the fiscal year that ended in Sep. 2023 is calculated as

Receivables Turnover (A: Sep. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (A: Sep. 2023 ) / ((Accounts Receivable (A: Sep. 2022 ) + Accounts Receivable (A: Sep. 2023 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Three Sixty Solar's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

Receivables Turnover (Q: Jun. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2024 ) / ((Accounts Receivable (Q: Mar. 2024 ) + Accounts Receivable (Q: Jun. 2024 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 0.00 mean?
Three Sixty Solar (VSOLF) has a Receivables Turnover of 0.00 as of Jun. 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 Three Sixty Solar and its competitors.
Is Three Sixty Solar's Receivables Turnover too high?
Three Sixty Solar's current Receivables Turnover is 0.00.
How does Three Sixty Solar's Receivables Turnover compare to FSLR and NXT?
Three Sixty Solar's Receivables Turnover of 0.00 can be compared against companies in the Semiconductors industry. The industry median Receivables Turnover is 5.82. 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 Semiconductors company?
The median Receivables Turnover among Semiconductors companies is 5.82, based on 1,017 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. 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 Three Sixty Solar and its competitors. For the Semiconductors industry, the median Receivables Turnover is 5.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Three Sixty Solar's current Receivables Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Three Sixty Solar stock overvalued right now?
Three Sixty Solar (VSOLF) has a current Receivables Turnover of 0.00. The current Receivables Turnover is 0.00. 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 Three Sixty Solar (VSOLF), the current Receivables Turnover is 0.00 as of Jun. 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.

Three Sixty Solar Business Description

Address 408 - 55 Water Street, Office 8312, Vancouver, BC, CAN, V6B 1A1
Three Sixty Solar Ltd is engaged in designing and developing vertical solar towers to provide a range of energy solutions for small commercial projects up to large utility-scale solar farms.