Sigma Additive Solutions (Sigma Additive Solutions) Receivables Turnover : 2.73 (As of Sep. 2023)

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What is Sigma Additive Solutions 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. Sigma Additive Solutions's Revenue for the three months ended in Sep. 2023 was $0.14 Mil. Sigma Additive Solutions's average Accounts Receivable for the three months ended in Sep. 2023 was $0.05 Mil. Hence, Sigma Additive Solutions's Receivables Turnover for the three months ended in Sep. 2023 was 2.73.

Sigma Additive Solutions Receivables Turnover Historical Data

The historical data trend for Sigma Additive Solutions'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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Sigma Additive Solutions Receivables Turnover Chart

Sigma Additive Solutions Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Receivables Turnover

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5.40

8.46

4.16

4.44

1.61

Sigma Additive Solutions Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Receivables Turnover	Get a 7-Day Free Trial															0.57	0.42	0.45	0.76	2.73

Competitive Comparison of Sigma Additive Solutions's Receivables Turnover

For the Travel Services subindustry, Sigma Additive Solutions'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.

Sigma Additive Solutions's Receivables Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Sigma Additive Solutions's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Sigma Additive Solutions's Receivables Turnover falls into.

Sigma Additive Solutions Receivables Turnover Calculation

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

Sigma Additive Solutions'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 )
=	0.63	/ (	(0.412	+	0.372)	/	2 )
=	0.63	/	0.392
=	1.61

Sigma Additive Solutions'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 )
=	0.142	/ (	(0.045	+	0.059)	/	2 )
=	0.142	/	0.052
=	2.73

Sigma Additive Solutions (NAS:SGLBW) 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.

Sigma Additive Solutions Receivables Turnover Related Terms

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Sigma Additive Solutions (Sigma Additive Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Sigma Additive Solutions (NAS:SGLBW) » Definitions » Receivables Turnover

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Traded in Other Exchanges

SASI:USA

Address

3900 Paseo del Sol, Santa Fe, NM, USA, 87507

Website

https://www.sigmaadditive.com

Sigma Additive Solutions Inc is a leading provider of in-process quality assurance (IPQA) software to the additive manufacturing industry. Sigma specializes in the development and commercialization of real-time monitoring and analytics solutions known as PrintRite3D for 3D metal and polymer advanced manufacturing technologies. Its principal business activities include the development of its In-Process Quality Assurance (IPQA) suite of technologies and the commercialization of both its IPQA and materials-related suite of technologies, with its focus on three-dimensional printing (3DP) industry.