3D Metal Forge (ASX:3MF) Receivables Turnover : 1.71 (As of Dec. 2021)

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What is 3D Metal Forge 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. 3D Metal Forge's Revenue for the six months ended in Dec. 2021 was A$0.58 Mil. 3D Metal Forge's average Accounts Receivable for the six months ended in Dec. 2021 was A$0.34 Mil. Hence, 3D Metal Forge's Receivables Turnover for the six months ended in Dec. 2021 was 1.71.

3D Metal Forge Receivables Turnover Historical Data

The historical data trend for 3D Metal Forge'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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3D Metal Forge Receivables Turnover Chart

3D Metal Forge Annual Data

Trend

Dec21

Receivables Turnover

2.23

3D Metal Forge Semi-Annual Data
	Jun21	Dec21
Receivables Turnover	1.54	1.71

Competitive Comparison of 3D Metal Forge's Receivables Turnover

For the Metal Fabrication subindustry, 3D Metal Forge'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.

3D Metal Forge's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, 3D Metal Forge's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where 3D Metal Forge's Receivables Turnover falls into.

3D Metal Forge Receivables Turnover Calculation

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

3D Metal Forge's Receivables Turnover for the fiscal year that ended in Dec. 2021 is calculated as

	Receivables Turnover (A: Dec. 2021 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2021 )	/ (	(Accounts Receivable (A: . 20 )	+	Accounts Receivable (A: Dec. 2021 ))	/	count )
=	0.956	/ (	(	+	0.428)	/	1 )
=	0.956	/	0.428
=	2.23

3D Metal Forge's Receivables Turnover for the quarter that ended in Dec. 2021 is calculated as

	Receivables Turnover (Q: Dec. 2021 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2021 )	/ (	(Accounts Receivable (Q: Jun. 2021 )	+	Accounts Receivable (Q: Dec. 2021 ))	/	count )
=	0.576	/ (	(0.246	+	0.428)	/	2 )
=	0.576	/	0.337
=	1.71

3D Metal Forge (ASX:3MF) 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.

3D Metal Forge Receivables Turnover Related Terms

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3D Metal Forge (ASX:3MF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » 3D Metal Forge Ltd (ASX:3MF) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

16 Ord Street, Ground Floor, West Perth, Perth, WA, AUS, 6005

Website

https://www.3dmetalforge.com

3D Metal Forge Ltd is engaged in the business of providing 3D metal printing solutions and services. Also, the company provides diagnostic analysis, design services, client facility operation, and training services. Its geographical segments include Australia; Singapore and United States. The company generates maximum revenue from Singapore.

3D Metal Forge (ASX:3MF) Headlines

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