Chrysos (ASX:C79) Receivables Turnover : 1.41 (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Chrysos 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. Chrysos's Revenue for the six months ended in Dec. 2023 was A$18.96 Mil. Chrysos's average Accounts Receivable for the six months ended in Dec. 2023 was A$13.40 Mil. Hence, Chrysos's Receivables Turnover for the six months ended in Dec. 2023 was 1.41.

Chrysos Receivables Turnover Historical Data

The historical data trend for Chrysos'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.

Chrysos Receivables Turnover Chart

Chrysos Annual Data

Trend

Jun22

Jun23

Receivables Turnover

0.10

4.25

Chrysos Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	-	-	1.92	2.11	1.41

Competitive Comparison of Chrysos's Receivables Turnover

For the Software - Application subindustry, Chrysos'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.

Chrysos's Receivables Turnover Distribution in the Software Industry

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

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

Chrysos Receivables Turnover Calculation

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

Chrysos'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 )
=	26.817	/ (	(5.749	+	6.857)	/	2 )
=	26.817	/	6.303
=	4.25

Chrysos'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: Jun. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	18.956	/ (	(6.857	+	19.942)	/	2 )
=	18.956	/	13.3995
=	1.41

Chrysos (ASX:C79) 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.

Chrysos Receivables Turnover Related Terms

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

Chrysos (ASX:C79) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Chrysos Corp Ltd (ASX:C79) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

YI1:Germany

Address

c/o CSIRO Reception Gate 4, Waite Road, Urrbrae, SA, AUS, 5064

Website

https://www.chrysos.com.au

Chrysos Corp Ltd creates technology solutions for the global mining industry. The company's flagship product PhotonAssay delivers faster, safer, more accurate, and environmentally friendly analysis of gold, silver, and complementary elements. The Group has three reportable segments namely, EMEA, Australia, and Americas, where the majority of revenue is generated from Australia.

Chrysos (ASX:C79) Headlines

No Headlines