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Onfolio Holdings (Onfolio Holdings) Receivables Turnover : 14.83 (As of Mar. 2024)


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What is Onfolio Holdings 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. Onfolio Holdings's Revenue for the three months ended in Mar. 2024 was $1.59 Mil. Onfolio Holdings's average Accounts Receivable for the three months ended in Mar. 2024 was $0.11 Mil. Hence, Onfolio Holdings's Receivables Turnover for the three months ended in Mar. 2024 was 14.83.


Onfolio Holdings Receivables Turnover Historical Data

The historical data trend for Onfolio Holdings'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.

Onfolio Holdings Receivables Turnover Chart

Onfolio Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Receivables Turnover
13.91 52.43 29.02 45.96

Onfolio Holdings Quarterly Data
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 10.69 11.86 12.87 13.46 14.83

Competitive Comparison of Onfolio Holdings's Receivables Turnover

For the Internet Content & Information subindustry, Onfolio Holdings'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.


Onfolio Holdings's Receivables Turnover Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Onfolio Holdings's Receivables Turnover distribution charts can be found below:

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



Onfolio Holdings Receivables Turnover Calculation

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

Onfolio Holdings'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 )
=5.24 / ((0.138 + 0.09) / 2 )
=5.24 / 0.114
=45.96

Onfolio Holdings'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 )
=1.587 / ((0.09 + 0.124) / 2 )
=1.587 / 0.107
=14.83

* 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.


Onfolio Holdings  (NAS:ONFO) 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.


Onfolio Holdings Receivables Turnover Related Terms

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Onfolio Holdings (Onfolio Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1007 North Orange Street, 4th Floor, Wilmington, DE, USA, 19801
Onfolio Holdings Inc acquires and manages a diversified portfolio of online businesses across a broad range of verticals, each with a niche content focus and brand identity. The company operates in the following verticals: Pets, Arts and Crafts, B2B SEO Services, Molecular Hydrogen Supplements, Computers, Graphic Design, and People Search.
Executives
Yury Byalik officer: Head of Strategy & Acquisition 2400 S OCEAN DRIVE #728, FORT PIERCE FL 34949
Braake Robertus Te officer: Interim CFO RUA ANTONIO DA SILVA 127 6FRT, CASCAIS S1 2750-101
Robert J Lipstein director 1661 WORTHINGTON ROAD, SUITE 100, WEST PALM BEACH FL 33409
Mark N Schwartz director
Wells Dominic Benjamin James director, 10 percent owner, officer: CEO, CRO, Chair of Board 10F NO 136, LANE 162, JINGYESAN ROAD, ZHONGSHAN DISTRICT, TAIPEI CITY F5 104
Van Heerden Esbe Louise officer: President 12A BENTLEY STREET, CHRISTCHURCH Q2 8042
Adam Michael Trainor officer: Chief Operations Officer 1420 RENAISSANCE DRIVE, APT P104, LONGMONT CO 80503
David Christopher Mckeegan director 2885 SANFORD AVE SW, SW14713, GRANDVILLE MI 49418
Andrew John Lawrence director 329 S OYSTER BAY RD. #514, PLAINVIEW NY 11803
Hawkins Jack Wayne Iii officer: Chief Financial Officer 613 NEW NORWALK ROAD, NEW CANAAN CT 06840