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ChitogenX (XCNQ:CHGX) Receivables Turnover : 0.00 (As of Jan. 2024)


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What is ChitogenX 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. ChitogenX's Revenue for the three months ended in Jan. 2024 was C$0.00 Mil. ChitogenX's average Accounts Receivable for the three months ended in Jan. 2024 was C$0.00 Mil.


ChitogenX Receivables Turnover Historical Data

The historical data trend for ChitogenX'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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ChitogenX Receivables Turnover Chart

ChitogenX Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Receivables Turnover
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ChitogenX Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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Competitive Comparison of ChitogenX's Receivables Turnover

For the Biotechnology subindustry, ChitogenX'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.


ChitogenX's Receivables Turnover Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, ChitogenX's Receivables Turnover distribution charts can be found below:

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



ChitogenX Receivables Turnover Calculation

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

ChitogenX's Receivables Turnover for the fiscal year that ended in Jan. 2024 is calculated as

Receivables Turnover (A: Jan. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Jan. 2024 ) / ((Accounts Receivable (A: Jan. 2023 ) + Accounts Receivable (A: Jan. 2024 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

ChitogenX's Receivables Turnover for the quarter that ended in Jan. 2024 is calculated as

Receivables Turnover (Q: Jan. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jan. 2024 ) / ((Accounts Receivable (Q: Oct. 2023 ) + Accounts Receivable (Q: Jan. 2024 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

* 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.


ChitogenX  (XCNQ:CHGX) 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.


ChitogenX Receivables Turnover Related Terms

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ChitogenX (XCNQ:CHGX) Business Description

Traded in Other Exchanges
Address
16667 Hymus Boulevard, Kirkland, Montreal, QC, CAN, H9H 4R9
ChitogenX Inc is a clinical-stage biotech company. It operates in one segment, which is the development of novel therapeutic soft tissue repair technologies.

ChitogenX (XCNQ:CHGX) Headlines

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