Loop Media (Loop Media) Receivables Turnover : 0.70 (As of Mar. 2024)

Loop Media Receivables Turnover Chart

Loop Media Annual Data
	Trend	Jun15	Jun16	Jun17	Jun18	Jun19	Dec20	Sep21	Sep22	Sep23
Receivables Turnover		Get a 7-Day Free Trial				12.57	8.29	-	4.35	3.37

Loop Media Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															0.51	1.02	0.97	1.44	0.70

Competitive Comparison of Loop Media's Receivables Turnover

For the Broadcasting subindustry, Loop Media'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.

Loop Media's Receivables Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Loop Media's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Loop Media's Receivables Turnover falls into.

Loop Media Receivables Turnover Calculation

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

Loop Media's Receivables Turnover for the fiscal year that ended in Sep. 2023 is calculated as

Loop Media's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

* 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.

Loop Media  (AMEX:LPTV) 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.

Loop Media Receivables Turnover Related Terms

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Loop Media (Loop Media) Business Description