Madison Technologies (Madison Technologies) Receivables Turnover : 0.00 (As of Mar. 2023)

View and export this data going back to 2004. Start your Free Trial

What is Madison Technologies 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. Madison Technologies's Revenue for the three months ended in Mar. 2023 was $0.00 Mil. Madison Technologies's average Accounts Receivable for the three months ended in Mar. 2023 was $0.00 Mil.

Madison Technologies Receivables Turnover Historical Data

The historical data trend for Madison Technologies'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.

Madison Technologies Receivables Turnover Chart

Madison Technologies Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Receivables Turnover

Get a 7-Day Free Trial

Madison Technologies Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Receivables Turnover	Get a 7-Day Free Trial															-	3.71	4.13	-	-

Competitive Comparison of Madison Technologies's Receivables Turnover

For the Broadcasting subindustry, Madison Technologies'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.

Madison Technologies's Receivables Turnover Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Madison Technologies's Receivables Turnover falls into.

Madison Technologies Receivables Turnover Calculation

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

Madison Technologies's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Receivables Turnover (A: Dec. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2022 )	/ (	(Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )
=	0	/ (	(0.168	+	0)	/	1 )
=	0	/	0.168
=	N/A

Madison Technologies's Receivables Turnover for the quarter that ended in Mar. 2023 is calculated as

	Receivables Turnover (Q: Mar. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2023 )	/ (	(Accounts Receivable (Q: Dec. 2022 )	+	Accounts Receivable (Q: Mar. 2023 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Madison Technologies (OTCPK:MDEX) 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.

Madison Technologies Receivables Turnover Related Terms

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

Madison Technologies (Madison Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Madison Technologies Inc (OTCPK:MDEX) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

450 Park Avenue, 30th Floor, New York, NY, USA, 10022

Website

http://www.madisontech.io

Madison Technologies Inc is engaged in the Over-The-Air (OTA) content distribution platform to capitalize on the changing media and distribution landscape and on the growing OTA viewership in the U.S. The over-the-air programming carried on is expected to include entertainment, shopping, weather, sports, as well as religious networks and networks targeting select ethnic groups with content lease agreements as the prime source of revenue. It generates sales from its television stations.

Executives

Thomas James Brady	director, 10 percent owner, officer: CEO, CFO, Secretary Treasurer	750 WEST PENDER STREET, SUITE 202, VANCOUVER A1 V6C 2T7
Frank Mcenulty	director	4182 N. VIKING WAY, SUITE 216, LONG BEACH CA 90808-1475
Steven Cozine	director, 10 percent owner, officer: Secy/Treas	1460 BARCLAY ST. #701, NORTH VANCOUVER A1 V6G 1J5
Joseph Gallo	director, 10 percent owner, officer: President	4445 PATTERDALE DRIVE, NORTH VANCOUVER A1 V7R 4L8
Joel Haskins	director, 10 percent owner, officer: Treasurer	525 SEYMOUR STREET, SUITE 807, VANCOUVER A1 V6B 3H7
Kevin Michael Stunder	director, 10 percent owner, officer: President	525 SEYMOUR STREET, SUITE 807, VANCOUVER A1 V6B 3H7