Cipher Mining (Cipher Mining) Receivables Turnover : 73.94 (As of Mar. 2024)

Cipher Mining Receivables Turnover Chart

Cipher Mining Quarterly Data
	Jun21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial						115.54	94.48	81.90	88.43	73.94

Competitive Comparison of Cipher Mining's Receivables Turnover

For the Capital Markets subindustry, Cipher Mining'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.

Cipher Mining's Receivables Turnover Distribution in the Capital Markets Industry

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

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

Cipher Mining Receivables Turnover Calculation

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

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

Cipher Mining's Receivables Turnover for the quarter that ended in Mar. 2024 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.

Cipher Mining  (NAS:CIFR) 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.

Cipher Mining Receivables Turnover Related Terms

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Cipher Mining (Cipher Mining) Business Description