SOS (SOS) Receivables Turnover : 17.39 (As of Jun. 2023)

View and export this data going back to 2017. Start your Free Trial

What is SOS 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. SOS's Revenue for the six months ended in Jun. 2023 was $41.8 Mil. SOS's average Accounts Receivable for the six months ended in Jun. 2023 was $2.4 Mil. Hence, SOS's Receivables Turnover for the six months ended in Jun. 2023 was 17.39.

SOS Receivables Turnover Historical Data

The historical data trend for SOS'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.

SOS Receivables Turnover Chart

SOS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Receivables Turnover

Get a 7-Day Free Trial

48.90

8.15

19.34

23.35

SOS Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Receivables Turnover	Get a 7-Day Free Trial												6.08	3.03	6.63	42.91	17.39

Competitive Comparison of SOS's Receivables Turnover

For the Capital Markets subindustry, SOS'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.

SOS's Receivables Turnover Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, SOS's Receivables Turnover distribution charts can be found below:

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

SOS Receivables Turnover Calculation

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

SOS'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 )
=	260.026	/ (	(19.843	+	2.432)	/	2 )
=	260.026	/	11.1375
=	23.35

SOS's Receivables Turnover for the quarter that ended in Jun. 2023 is calculated as

	Receivables Turnover (Q: Jun. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2023 )	/ (	(Accounts Receivable (Q: Dec. 2022 )	+	Accounts Receivable (Q: Jun. 2023 ))	/	count )
=	41.806	/ (	(2.432	+	2.376)	/	2 )
=	41.806	/	2.404
=	17.39

SOS (NYSE:SOS) 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.

SOS Receivables Turnover Related Terms

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

SOS (SOS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » SOS Ltd (NYSE:SOS) » Definitions » Receivables Turnover

Comparable Companies

CISO SKKY VRAR JG VHC CLOQ SDCH MRDB RVYL TGCB MSFT ORCL ADBE PANW SNPS VMW FTNT CRWD PLTR SPLK

Traded in Other Exchanges

2C3:Germany

Address

298 Haijing Road, Yinzhu Street, Building 6, East Seaview Park, West Coast New District, Shandong Province, Qingdao, CHN, 266400

Website

https://www.sosyun.com

SOS Ltd is engaged in the provision of emergency rescue business providing emergency healthcare services, emergency roadside assistance, emergency living assistance, and other rescue services in China. The company's segment includes Insurance marketing; Commodity trading and others. It generates maximum revenue from the Commodity trading segment. Its services are sold to corporate clients and individual members. Its services include SOS medical rescue card, SOS auto rescue card, SOS financial rescue card, SOS life rescue card, SOS cloud call center, and SOS big data management cloud.