Brand Engagement Network (Brand Engagement Network) Receivables Turnover : 3.50 (As of Dec. 2023)

View and export this data going back to 2024. Start your Free Trial

What is Brand Engagement Network 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. Brand Engagement Network's Revenue for the six months ended in Dec. 2023 was $0.04 Mil. Brand Engagement Network's average Accounts Receivable for the six months ended in Dec. 2023 was $0.01 Mil. Hence, Brand Engagement Network's Receivables Turnover for the six months ended in Dec. 2023 was 3.50.

Brand Engagement Network Receivables Turnover Historical Data

The historical data trend for Brand Engagement Network'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.

Brand Engagement Network Receivables Turnover Chart

Brand Engagement Network Annual Data

Trend

Dec21

Dec22

Dec23

Receivables Turnover

16.00

6.36

Brand Engagement Network Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	-	-	10.00	-	3.50

Competitive Comparison of Brand Engagement Network's Receivables Turnover

For the Software - Infrastructure subindustry, Brand Engagement Network'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.

Brand Engagement Network's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Brand Engagement Network's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Brand Engagement Network's Receivables Turnover falls into.

Brand Engagement Network Receivables Turnover Calculation

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

Brand Engagement Network'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 )
=	0.035	/ (	(0.001	+	0.01)	/	2 )
=	0.035	/	0.0055
=	6.36

Brand Engagement Network'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 )
=	0.035	/ (	(0	+	0.01)	/	1 )
=	0.035	/	0.01
=	3.50

Brand Engagement Network (NAS:BNAI) 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.

Brand Engagement Network Receivables Turnover Related Terms

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

Brand Engagement Network (Brand Engagement Network) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Brand Engagement Network Inc (NAS:BNAI) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

145 E. Snow King Avenue, PO Box 1045, Jackson, WY, USA, 83001

Website

https://www.beninc.ai

Brand Engagement Network Inc is an innovative AI platform provider, designed to interface with emerging technologies, including blockchain, the internet of Things, and cloud computing, that drive digital transformation across various industries and provide businesses with an unparalleled competitive edge. BEN offers a suite of configured and customizable applications, including natural language processing, anomaly detection, encryption, recommendation engines, sentiment analysis, image recognition, personalization, and real-time decision-making.

Brand Engagement Network (Brand Engagement Network) Headlines

From GuruFocus

Thinking about buying stock in Solidion Technology, Nuvei, 2Seventy Bio, Aeye, or DHC Acquisition?

By PRNewswire • 03-18-2024