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Seafarer Exploration (Seafarer Exploration) Receivables Turnover : 0.00 (As of Dec. 2023)


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What is Seafarer Exploration 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. Seafarer Exploration's Revenue for the three months ended in Dec. 2023 was $0.02 Mil. Seafarer Exploration's average Accounts Receivable for the three months ended in Dec. 2023 was $0.00 Mil.


Seafarer Exploration Receivables Turnover Historical Data

The historical data trend for Seafarer Exploration'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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Seafarer Exploration Receivables Turnover Chart

Seafarer Exploration Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
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Seafarer Exploration Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Seafarer Exploration's Receivables Turnover

For the Specialty Business Services subindustry, Seafarer Exploration'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.


Seafarer Exploration's Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Seafarer Exploration's Receivables Turnover distribution charts can be found below:

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



Seafarer Exploration Receivables Turnover Calculation

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

Seafarer Exploration's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=0.019 / ((0 + 0) / 1 )
=0.019 / 0
=N/A

Seafarer Exploration'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: Sep. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=0.019 / ((0 + 0) / 1 )
=0.019 / 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.


Seafarer Exploration  (OTCPK:SFRX) 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.


Seafarer Exploration Receivables Turnover Related Terms

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Seafarer Exploration (Seafarer Exploration) Business Description

Traded in Other Exchanges
N/A
Address
14497 N. Dale Mabry Highway, Suite 209-N, Tampa, FL, USA, 33618
Seafarer Exploration Corp is an underwater research, exploration and recovery company. It develops the infrastructure to engage in the archaeologically sensitive exploration and recovery of historic shipwrecks. The company is engaged in the archaeologically sensitive exploration, documentation, and recovery of historic shipwrecks with the objective of exploring and discovering Colonial-era shipwrecks. Its operating segment includes Blockchain LogisTech, LLC and Seafarer Exploration Corp. The company derives a majority of its revenue from Seafarer Exploration Corp.
Executives
Charles Branscum director 199 JONES DRIVE, BATESVILLE AR 72501
Bradford S Clark director 1603 STONEHENGE PLACE, LITTLE ROCK AR 72212
Thomas B Soeder director 1413 MAYESVILLE WAY, THE VILLAGES FL 32162
Robert L. Kennedy director 41 TIMBERLANE TRAIL, CONWAY AR 72034-3611
Micah James Eldred 10 percent owner 15500 ROOSEVELT BLVD., SUITE 303, CLEARWATER FL 33760
Pelle Ojasu director 14497 N. DALE MABRY HIGHWAY, SUITE 209N, TAMPA FL 33618
Credo Argentarius, L.l.c. 10 percent owner 17547 HUGH LANE, LAND O LAKES FL 34638
Linda Gail Kennedy 10 percent owner 17547 HUGH LANE, LAND O LAKES FL 34638
Solar Funding Solutions Corp. 10 percent owner 140 ISLAND WAY, NO. 252, CLEARWATER BEACH FL 33767
Seth M Shaw director, officer: CEO, President 55 W 25 STREET, APT 33A, NEW YORK NY 10010