Exodus Movement (Exodus Movement) Receivables Turnover : 4.40 (As of Mar. 2024)

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

What is Exodus Movement 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. Exodus Movement's Revenue for the three months ended in Mar. 2024 was $29.06 Mil. Exodus Movement's average Accounts Receivable for the three months ended in Mar. 2024 was $6.61 Mil. Hence, Exodus Movement's Receivables Turnover for the three months ended in Mar. 2024 was 4.40.

Exodus Movement Receivables Turnover Historical Data

The historical data trend for Exodus Movement'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.

Exodus Movement Receivables Turnover Chart

Exodus Movement Annual Data

Trend

Receivables Turnover

Exodus Movement Quarterly Data
	Mar23	Mar24
Receivables Turnover	-	4.40

Competitive Comparison of Exodus Movement's Receivables Turnover

For the Software - Infrastructure subindustry, Exodus Movement'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.

Exodus Movement's Receivables Turnover Distribution in the Software Industry

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

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

Exodus Movement Receivables Turnover Calculation

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

Exodus Movement's Receivables Turnover for the fiscal year that ended in . 20 is calculated as

	Receivables Turnover (A: . 20 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: . 20 )	/ (	(Accounts Receivable (A: . 20 )	+	Accounts Receivable (A: . 20 ))	/	count )
=		/ (	(	+	)	/	1 )
=		/	0
=	N/A

Exodus Movement'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: Mar. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	29.06	/ (	(0	+	6.605)	/	1 )
=	29.06	/	6.605
=	4.40

Exodus Movement (OTCPK:EXOD) 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.

Exodus Movement Receivables Turnover Related Terms

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

Exodus Movement (Exodus Movement) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Exodus Movement Inc (OTCPK:EXOD) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

15418 Weir Street, Suite 333, Omaha, NE, USA, 68137

Website

https://www.exodus.com

Exodus Movement Inc is a self-custodial platform that connects people with the world of decentralized finance and the power of the blockchain. Available for desktop and mobile, it allows users to secure, manage and exchange cryptocurrencies like Bitcoin, Ethereum. Geographical presence in Europe, United States, the Middle East, and Africa (EMEA); Asia-Pacific (APAC); and Canada and Latin America (Other Americas).