Moolec Science (Moolec Science) Receivables Turnover : 0.64 (As of Dec. 2023)

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What is Moolec Science 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. Moolec Science's Revenue for the three months ended in Dec. 2023 was $0.25 Mil. Moolec Science's average Accounts Receivable for the three months ended in Dec. 2023 was $0.39 Mil. Hence, Moolec Science's Receivables Turnover for the three months ended in Dec. 2023 was 0.64.

Moolec Science Receivables Turnover Historical Data

The historical data trend for Moolec Science'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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Moolec Science Receivables Turnover Chart

Moolec Science Annual Data

Trend

Jun21

Jun22

Jun23

Receivables Turnover

2.51

Moolec Science Quarterly Data
	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial					-	-	2.51	4.03	0.64

Competitive Comparison of Moolec Science's Receivables Turnover

For the Biotechnology subindustry, Moolec Science'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.

Moolec Science's Receivables Turnover Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Moolec Science's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Moolec Science's Receivables Turnover falls into.

Moolec Science Receivables Turnover Calculation

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

Moolec Science'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 )
=	0.905	/ (	(0	+	0.361)	/	1 )
=	0.905	/	0.361
=	2.51

Moolec Science'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: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	0.252	/ (	(0.503	+	0.285)	/	2 )
=	0.252	/	0.394
=	0.64

Moolec Science (NAS:MLEC) 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.

Moolec Science Receivables Turnover Related Terms

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Moolec Science (Moolec Science) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Moolec Science SA (NAS:MLEC) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

17, Boulevard F.W. Raiffeisen, Luxembourg, LUX, L-2411

Website

https://www.moolecscience.com

Moolec Science SA is a science-based ingredient company focused on producing real animal proteins in plants through Molecular Farming, a disruptive technology in the alternative protein landscape. Its purpose is to upgrade the taste, nutrition, and affordability of alternative protein products while building a more sustainable and equitable food system.