GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Altech Batteries Ltd (OTCPK:ALTHF) » Definitions » Receivables Turnover

Altech Batteries (Altech Batteries) Receivables Turnover : 0.01 (As of Dec. 2023)


View and export this data going back to 2012. Start your Free Trial

What is Altech Batteries 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. Altech Batteries's Revenue for the six months ended in Dec. 2023 was $0.01 Mil. Altech Batteries's average Accounts Receivable for the six months ended in Dec. 2023 was $1.04 Mil. Hence, Altech Batteries's Receivables Turnover for the six months ended in Dec. 2023 was 0.01.


Altech Batteries Receivables Turnover Historical Data

The historical data trend for Altech Batteries'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.

Altech Batteries Receivables Turnover Chart

Altech Batteries Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Altech Batteries Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 0.03 - 0.01

Competitive Comparison of Altech Batteries's Receivables Turnover

For the Specialty Chemicals subindustry, Altech Batteries'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.


Altech Batteries's Receivables Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Altech Batteries's Receivables Turnover distribution charts can be found below:

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



Altech Batteries Receivables Turnover Calculation

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

Altech Batteries'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 )
=0 / ((0 + 0.121) / 1 )
=0 / 0.121
=N/A

Altech Batteries'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 )
=0.007 / ((0.121 + 1.963) / 2 )
=0.007 / 1.042
=0.01

* 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.


Altech Batteries  (OTCPK:ALTHF) 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.


Altech Batteries Receivables Turnover Related Terms

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


Altech Batteries (Altech Batteries) Business Description

Traded in Other Exchanges
Address
295 Rokeby Road, Suite 8, Subiaco, Perth, WA, AUS, 6008
Altech Batteries Ltd is a specialty battery technology company. The company operates in four segments which include Silumna Anodes, CERENERGY, High Purity Alumina, and Corporate. Its project includes the German Sodium Chloride CERENERGY Solid State (SCSS) Battery Project and others.

Altech Batteries (Altech Batteries) Headlines

No Headlines