GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Sabio Holdings Inc (TSXV:SBIO) » Definitions » Receivables Turnover

Sabio Holdings (TSXV:SBIO) Receivables Turnover : 1.35 (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Sabio 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. Sabio Holdings's Revenue for the three months ended in Dec. 2023 was C$17.00 Mil. Sabio Holdings's average Accounts Receivable for the three months ended in Dec. 2023 was C$12.55 Mil. Hence, Sabio Holdings's Receivables Turnover for the three months ended in Dec. 2023 was 1.35.


Sabio Holdings Receivables Turnover Historical Data

The historical data trend for Sabio 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.

* Premium members only.

Sabio Holdings Receivables Turnover Chart

Sabio Holdings Annual Data
Trend Dec21 Dec22 Dec23
Receivables Turnover
2.89 4.20 3.09

Sabio Holdings Quarterly Data
Sep20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.81 0.71 1.22 1.21 1.35

Competitive Comparison of Sabio Holdings's Receivables Turnover

For the Internet Content & Information subindustry, Sabio 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.


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

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

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



Sabio Holdings Receivables Turnover Calculation

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

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

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=48.237 / ((16.667 + 14.531) / 2 )
=48.237 / 15.599
=3.09

Sabio 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 )
=16.999 / ((10.568 + 14.531) / 2 )
=16.999 / 12.5495
=1.35

* 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.


Sabio Holdings  (TSXV:SBIO) 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.


Sabio Holdings Receivables Turnover Related Terms

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


Sabio Holdings (TSXV:SBIO) Business Description

Traded in Other Exchanges
Address
181 Bay Street, Suite 4400, Brookfield Place, Toronto, ON, CAN, M5J 2T3
Sabio Holdings Inc provides CTV platform that is powered by mobile data, providing leading brands with the perfect balance between media, data and technology. It has identified one operating segment that is a technology provider in the high-growth advertising areas of connected TV ("CTV") and over-the-top ("OTT") streaming.
Executives
Jennifer Cabalquinto Director
Muizz Kheraj Director
Paula Annette Madison Director