Solidion Technology (Solidion Technology) Receivables Turnover : 0.00 (As of Dec. 2023)

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What is Solidion Technology 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. Solidion Technology's Revenue for the six months ended in Dec. 2023 was $0.00 Mil. Solidion Technology's average Accounts Receivable for the six months ended in Dec. 2023 was $0.00 Mil.

Solidion Technology Receivables Turnover Historical Data

The historical data trend for Solidion Technology'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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Solidion Technology Receivables Turnover Chart

Solidion Technology Annual Data

Trend

Dec21

Dec22

Dec23

Receivables Turnover

10.00

Solidion Technology Semi-Annual Data
	Dec21	Dec22	Dec23
Receivables Turnover	10.00	-	-

Competitive Comparison of Solidion Technology's Receivables Turnover

For the Electrical Equipment & Parts subindustry, Solidion Technology'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.

Solidion Technology's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Solidion Technology's Receivables Turnover distribution charts can be found below:

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

Solidion Technology Receivables Turnover Calculation

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

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

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	0	/ (	(0.001	+	0)	/	1 )
=	0	/	0.001
=	N/A

Solidion Technology's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Dec. 2022 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	0	/ (	(0.001	+	0)	/	1 )
=	0	/	0.001
=	N/A

Solidion Technology (NAS:STI) 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.

Solidion Technology Receivables Turnover Related Terms

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Solidion Technology (Solidion Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Solidion Technology Inc (NAS:STI) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

1240 McCook Avenue, Dayton, OH, USA, 45404

Website

Solidion Technology Inc is engaged in researching, developing and manufacturing battery materials and and components, as well as development and production of next-generation batteries for energy storage systems and electric vehicles for ground, air, and sea transportation. It is recognized as a global IP leader in both the high-capacity anode and the high-energy solid-state battery.

Solidion Technology (Solidion Technology) Headlines

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