TruGolf Holdings (TruGolf Holdings) Receivables Turnover : 0.00 (As of Dec. 2023)

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What is TruGolf Holdings 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. TruGolf Holdings's Revenue for the three months ended in Dec. 2023 was $0.00 Mil. TruGolf Holdings's average Accounts Receivable for the three months ended in Dec. 2023 was $2.14 Mil.

TruGolf Holdings Receivables Turnover Historical Data

The historical data trend for TruGolf Holdings'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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TruGolf Holdings Receivables Turnover Chart

TruGolf Holdings Annual Data

Trend

Dec21

Dec22

Receivables Turnover

14.16

12.47

TruGolf Holdings Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial				3.76	2.91	1.96	1.42	-

Competitive Comparison of TruGolf Holdings's Receivables Turnover

For the Electronic Gaming & Multimedia subindustry, TruGolf Holdings'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.

TruGolf Holdings's Receivables Turnover Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, TruGolf Holdings's Receivables Turnover distribution charts can be found below:

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

TruGolf Holdings Receivables Turnover Calculation

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

TruGolf Holdings'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 )
=	20.227	/ (	(1.5	+	1.745)	/	2 )
=	20.227	/	1.6225
=	12.47

TruGolf Holdings'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	/ (	(2.136	+	0)	/	1 )
=	0	/	2.136
=	N/A

TruGolf Holdings (NAS:TRUG) 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.

TruGolf Holdings Receivables Turnover Related Terms

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TruGolf Holdings (TruGolf Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » TruGolf Holdings Inc (NAS:TRUG) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

60 North 1400 West, Centerville, UT, USA, 84014

Website

https://www.trugolf.com

TruGolf Inc is among the leading golf simulator manufacturers and distributors of golf simulator equipment, including software and hardware, and is in the process of developing a new line of next-generation golf simulator products that aims to revolutionize the virtual golf experience. The primary business of the company is the manufacturing and sale of indoor golf simulator hardware under its TruGolf brand, which includes TruGolf's E6 Connect premier software, as well as selling its E6 Connect software individually.

TruGolf Holdings (TruGolf Holdings) Headlines

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