Everybody Loves Languages (TSXV:ELL) Receivables Turnover : 0.17 (As of Sep. 2021)

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What is Everybody Loves Languages 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. Everybody Loves Languages's Revenue for the three months ended in Sep. 2021 was C$0.16 Mil. Everybody Loves Languages's average Accounts Receivable for the three months ended in Sep. 2021 was C$0.96 Mil. Hence, Everybody Loves Languages's Receivables Turnover for the three months ended in Sep. 2021 was 0.17.

Everybody Loves Languages Receivables Turnover Historical Data

The historical data trend for Everybody Loves Languages'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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Everybody Loves Languages Receivables Turnover Chart

Everybody Loves Languages Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Receivables Turnover

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1.29

1.40

2.08

2.26

2.35

Everybody Loves Languages Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Receivables Turnover	Get a 7-Day Free Trial															0.11	1.57	0.23	1.46	0.17

Competitive Comparison of Everybody Loves Languages's Receivables Turnover

For the Education & Training Services subindustry, Everybody Loves Languages'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.

Everybody Loves Languages's Receivables Turnover Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Everybody Loves Languages's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Everybody Loves Languages's Receivables Turnover falls into.

Everybody Loves Languages Receivables Turnover Calculation

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

Everybody Loves Languages's Receivables Turnover for the fiscal year that ended in Dec. 2020 is calculated as

	Receivables Turnover (A: Dec. 2020 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2020 )	/ (	(Accounts Receivable (A: Dec. 2019 )	+	Accounts Receivable (A: Dec. 2020 ))	/	count )
=	2.102	/ (	(0.816	+	0.974)	/	2 )
=	2.102	/	0.895
=	2.35

Everybody Loves Languages's Receivables Turnover for the quarter that ended in Sep. 2021 is calculated as

	Receivables Turnover (Q: Sep. 2021 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2021 )	/ (	(Accounts Receivable (Q: Jun. 2021 )	+	Accounts Receivable (Q: Sep. 2021 ))	/	count )
=	0.163	/ (	(1.079	+	0.848)	/	2 )
=	0.163	/	0.9635
=	0.17

Everybody Loves Languages (TSXV:ELL) 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.

Everybody Loves Languages Receivables Turnover Related Terms

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Everybody Loves Languages (TSXV:ELL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Everybody Loves Languages Corp (TSXV:ELL) » Definitions » Receivables Turnover

Comparable Companies

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Address

20 Bay Street, 11th Floor, Toronto, ON, CAN, M5J 2N8

Website

https://www.elltechnologies.com

Everybody Loves Languages Corp is an Ed-tech language-learning and content development company empowering language educators to easily transition from traditional teaching methods to digital learning by integrating education, edutainment, and technology. It has two business segments; The license of intellectual property: Lingo Learning is a content-based publisher of English language learning textbook programs in China. It earns royalties from Licensing Sales compared to Finished Product Sales, and Online and Offline Language Learning; a web-based educational technology language learning, training, and assessment company. The Company provides the right to access to hosted software over a contract term without the customer taking possession of the software.

Everybody Loves Languages (TSXV:ELL) Headlines

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