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. Sidus Space's Revenue for the
three
months ended in Mar. 2024 was $1.05 Mil. Sidus Space's average Accounts Receivable for the
three
months ended in Mar. 2024 was $1.03 Mil.
Hence, Sidus Space's Receivables Turnover for the
three
months ended in Mar. 2024 was 1.02.
Sidus Space Receivables Turnover Historical Data
The historical data trend for Sidus Space'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.
Competitive Comparison of Sidus Space's Receivables Turnover
For the Aerospace & Defense subindustry, Sidus Space'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.
Sidus Space's Receivables Turnover Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Sidus Space's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Sidus Space's Receivables Turnover falls into.
Sidus Space Receivables Turnover Calculation
Receivables Turnover measures the number of times a company collects its average accounts receivable balance.
Sidus Space's Receivables Turnover for the fiscal year that ended in Dec. 2023 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.
Sidus Space (NAS:SIDU) 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.
Sidus Space Receivables Turnover Related Terms
Thank you for viewing the detailed overview of Sidus Space's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
Sidus Space Inc is a Space and Defense as-a-Service company focused on providing complex space hardware, satellite/spacecraft design, manufacture, launch, and data solutions for both government and commercial in-space missions for all destinations through the solar system. This includes a Space-based infrastructure of multi-mission satellites with hyperspectral, multi-spectral and other sensors to provide monitoring services and solutions to multiple sectors and industries. The company supports Commercial Space, Aerospace, Defense, Underwater Marine and other commercial and government customers.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SIDU has been successfully added to your 