GainClients (GainClients) Receivables Turnover : 2.70 (As of Sep. 2023)

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What is GainClients 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. GainClients's Revenue for the three months ended in Sep. 2023 was $0.03 Mil. GainClients's average Accounts Receivable for the three months ended in Sep. 2023 was $0.01 Mil. Hence, GainClients's Receivables Turnover for the three months ended in Sep. 2023 was 2.70.

GainClients Receivables Turnover Historical Data

The historical data trend for GainClients'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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GainClients Receivables Turnover Chart

GainClients Annual Data

Trend

Receivables Turnover

GainClients Quarterly Data
	Jun22	Sep22	Jun23	Sep23
Receivables Turnover	-	-	2.10	2.70

Competitive Comparison of GainClients's Receivables Turnover

For the Software - Application subindustry, GainClients'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.

GainClients's Receivables Turnover Distribution in the Software Industry

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

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

GainClients Receivables Turnover Calculation

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

GainClients's Receivables Turnover for the fiscal year that ended in . 20 is calculated as

	Receivables Turnover (A: . 20 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: . 20 )	/ (	(Accounts Receivable (A: . 20 )	+	Accounts Receivable (A: . 20 ))	/	count )
=		/ (	(	+	)	/	1 )
=		/	0
=	N/A

GainClients's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

	Receivables Turnover (Q: Sep. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2023 )	/ (	(Accounts Receivable (Q: Jun. 2023 )	+	Accounts Receivable (Q: Sep. 2023 ))	/	count )
=	0.027	/ (	(0.01	+	0)	/	1 )
=	0.027	/	0.01
=	2.70

GainClients (OTCPK:GCLT) 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.

GainClients Receivables Turnover Related Terms

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GainClients (GainClients) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » GainClients Inc (OTCPK:GCLT) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

6245 East Broadway Boulevard, Suite 400, Tucson, AZ, USA, 85711

Website

https://www.thegainclientsway.com

GainClients Inc is a United States-based software service company. It provides lead generation and marketing services to the real estate industry. Its primary products are The GCard and the Daily Opportunity Service. The GCard is a web and mobile real estate networking service that connects professionals and consumers where home search behavior is tracked and reported. The Daily Opportunity Service is a new purchase money solution for lending and title organizations. These services can be used together or separately providing flexibility and customized solutions.