Eonx Technologies (XCNQ:EONX) Receivables Turnover : 2.02 (As of Dec. 2024)

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What is Eonx Technologies 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. Eonx Technologies's Revenue for the three months ended in Dec. 2024 was C$8.70 Mil. Eonx Technologies's average Accounts Receivable for the three months ended in Dec. 2024 was C$4.31 Mil. Hence, Eonx Technologies's Receivables Turnover for the three months ended in Dec. 2024 was 2.02.

Eonx Technologies Receivables Turnover Historical Data

The historical data trend for Eonx Technologies'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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Eonx Technologies Receivables Turnover Chart

Eonx Technologies Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Jun24

Receivables Turnover

20.71

9.99

4.26

3.85

2.49

Eonx Technologies Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															0.64	0.68	0.16	0.84	2.02

Competitive Comparison of Eonx Technologies's Receivables Turnover

For the Software - Infrastructure subindustry, Eonx Technologies'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.

Eonx Technologies's Receivables Turnover Distribution in the Software Industry

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

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

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Eonx Technologies Receivables Turnover Calculation

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

Eonx Technologies's Receivables Turnover for the fiscal year that ended in Jun. 2024 is calculated as

	Receivables Turnover (A: Jun. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jun. 2024 )	/ (	(Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )
=	12.034	/ (	(4.166	+	5.489)	/	2 )
=	12.034	/	4.8275
=	2.49

Eonx Technologies's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Sep. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	8.698	/ (	(3.946	+	4.676)	/	2 )
=	8.698	/	4.311
=	2.02

Eonx Technologies (XCNQ:EONX) 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.

Eonx Technologies Receivables Turnover Related Terms

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Eonx Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Eonx Technologies Inc (XCNQ:EONX) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

1183 Toorak Road, Camberwell, VIC, AUS, 3124

Website

https://www.eonx.com

Eonx Technologies Inc is a financial technology company. The company is engaged in developing and marketing a suite of financial technology products including the payment processor, e-wallets, identity and security for Know Your Customer (KYC) and Anti Money Laundering (AML), loyalty points solutions, and an e-commerce store.

Executives

Accelerative Investments Pty Ltd

Director

Eonx Technologies Headlines

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