CyberCatch Holdings (TSXV:CYBE) Receivables Turnover : 0.50 (As of Jan. 2024)

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What is CyberCatch 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. CyberCatch Holdings's Revenue for the three months ended in Jan. 2024 was C$0.21 Mil. CyberCatch Holdings's average Accounts Receivable for the three months ended in Jan. 2024 was C$0.43 Mil. Hence, CyberCatch Holdings's Receivables Turnover for the three months ended in Jan. 2024 was 0.50.

CyberCatch Holdings Receivables Turnover Historical Data

The historical data trend for CyberCatch 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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CyberCatch Holdings Receivables Turnover Chart

CyberCatch Holdings Annual Data

Trend

Jul21

Jul22

Jul23

Receivables Turnover

6.00

3.64

0.95

CyberCatch Holdings Quarterly Data
	Jul21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Receivables Turnover	Get a 7-Day Free Trial					0.90	0.79	0.30	0.35	0.50

Competitive Comparison of CyberCatch Holdings's Receivables Turnover

For the Software - Infrastructure subindustry, CyberCatch 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.

CyberCatch Holdings's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, CyberCatch Holdings's Receivables Turnover distribution charts can be found below:

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

CyberCatch Holdings Receivables Turnover Calculation

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

CyberCatch Holdings's Receivables Turnover for the fiscal year that ended in Jul. 2023 is calculated as

	Receivables Turnover (A: Jul. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jul. 2023 )	/ (	(Accounts Receivable (A: Jul. 2022 )	+	Accounts Receivable (A: Jul. 2023 ))	/	count )
=	0.265	/ (	(0.054	+	0.504)	/	2 )
=	0.265	/	0.279
=	0.95

CyberCatch Holdings's Receivables Turnover for the quarter that ended in Jan. 2024 is calculated as

	Receivables Turnover (Q: Jan. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jan. 2024 )	/ (	(Accounts Receivable (Q: Oct. 2023 )	+	Accounts Receivable (Q: Jan. 2024 ))	/	count )
=	0.214	/ (	(0.435	+	0.423)	/	2 )
=	0.214	/	0.429
=	0.50

CyberCatch Holdings (TSXV:CYBE) 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.

CyberCatch Holdings Receivables Turnover Related Terms

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CyberCatch Holdings (TSXV:CYBE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » CyberCatch Holdings Inc (TSXV:CYBE) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

14K:Germany

Address

4445 Eastgate Mall, Suite 200, San Diego, CA, USA, 92121

Website

https://www.cybercatch.com

CyberCatch Holdings Inc provides a Software as a Service (SaaS) cybersecurity solution to small and medium sized organizations in Canada and the United States. The SaaS solution enables continuous compliance with cybersecurity mandates and cyber risk mitigation via automated benchmarking and testing of cyber security controls to detect and remediate security weaknesses to prevent data thefts and ransomware attacks. The Company operates in one reportable segment, being the cyber security solutions and geographically, majority of its operations are in the United States.

Executives

Mark Healy

Director