GURUFOCUS.COM » STOCK LIST » Technology » Software » DeepSpatial Inc (XCNQ:DSAI) » Definitions » Receivables Turnover

DeepSpatial (XCNQ:DSAI) Receivables Turnover : 1.11 (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is DeepSpatial 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. DeepSpatial's Revenue for the three months ended in Mar. 2024 was C$0.44 Mil. DeepSpatial's average Accounts Receivable for the three months ended in Mar. 2024 was C$0.40 Mil. Hence, DeepSpatial's Receivables Turnover for the three months ended in Mar. 2024 was 1.11.


DeepSpatial Receivables Turnover Historical Data

The historical data trend for DeepSpatial'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.

DeepSpatial Receivables Turnover Chart

DeepSpatial Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Receivables Turnover
- - - 3.60

DeepSpatial Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - 2.20 - - 1.11

Competitive Comparison of DeepSpatial's Receivables Turnover

For the Software - Infrastructure subindustry, DeepSpatial'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.


DeepSpatial's Receivables Turnover Distribution in the Software Industry

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

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


;
;

DeepSpatial Receivables Turnover Calculation

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

DeepSpatial's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

Receivables Turnover (A: Jun. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Jun. 2023 ) / ((Accounts Receivable (A: Jun. 2022 ) + Accounts Receivable (A: Jun. 2023 )) / count )
=0.018 / ((0 + 0.005) / 1 )
=0.018 / 0.005
=3.60

DeepSpatial's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=0.441 / ((0 + 0.399) / 1 )
=0.441 / 0.399
=1.11

* 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.


DeepSpatial  (XCNQ:DSAI) 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.


DeepSpatial Receivables Turnover Related Terms

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


DeepSpatial Business Description

Traded in Other Exchanges
Address
77 King Street West, Suite 3000, Toronto, ON, CAN, M5K 1G8
DeepSpatial Inc is an artificial intelligence, technology SaaS company at the forefront of geospatial artificial intelligence and geographic informational systems, specializing in providing robust location intelligence solutions for transforming existing location data into business outcomes. AI powered solutions to businesses by leveraging the power of geospatial data. The company has built products that target four specific customer needs across industry verticals. These are geodemographic customer profiling, price recommendation engine, inventory management and supply chain analytics, and sentiment monitoring to measure and improve brand health.

DeepSpatial Headlines

No Headlines