TFLM (Tofla Megaline) Receivables Turnover : 0.00 (As of Jul. 2024)

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What is Tofla Megaline 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. Tofla Megaline's Revenue for the three months ended in Jul. 2024 was $0.04 Mil. Tofla Megaline's average Accounts Receivable for the three months ended in Jul. 2024 was $0.00 Mil.

Tofla Megaline Receivables Turnover Historical Data

The historical data trend for Tofla Megaline'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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Tofla Megaline Receivables Turnover Chart

Tofla Megaline Annual Data

Trend

Jul21

Jul22

Jul23

Jul24

Receivables Turnover

1.33

20.33

Tofla Megaline Quarterly Data
	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24
Receivables Turnover	Get a 7-Day Free Trial								0.37	-	-	-	-

Competitive Comparison of Tofla Megaline's Receivables Turnover

For the Software - Infrastructure subindustry, Tofla Megaline'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.

Tofla Megaline's Receivables Turnover Distribution in the Software Industry

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

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

Tofla Megaline Receivables Turnover Calculation

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

Tofla Megaline's Receivables Turnover for the fiscal year that ended in Jul. 2024 is calculated as

	Receivables Turnover (A: Jul. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jul. 2024 )	/ (	(Accounts Receivable (A: Jul. 2023 )	+	Accounts Receivable (A: Jul. 2024 ))	/	count )
=	0.064	/ (	(0	+	0)	/	1 )
=	0.064	/	0
=	N/A

Tofla Megaline's Receivables Turnover for the quarter that ended in Jul. 2024 is calculated as

	Receivables Turnover (Q: Jul. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jul. 2024 )	/ (	(Accounts Receivable (Q: Apr. 2024 )	+	Accounts Receivable (Q: Jul. 2024 ))	/	count )
=	0.042	/ (	(0	+	0)	/	1 )
=	0.042	/	0
=	N/A

Tofla Megaline (OTCPK:TFLM) 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.

Tofla Megaline Receivables Turnover Related Terms

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Tofla Megaline Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tofla Megaline Inc (OTCPK:TFLM) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Manzanillo 33. Local E, Col. Roma Norte, Mexico, MEX, MEX, 06700

Website

https://tofla.top

Tofla Megaline Inc is a development stage Company and intends to commence operations in the business of developing the software for security systems in Mexico. The company plan to provide easy-to-use, high quality and cost-effective automation AI solutions. It will be focusing on both stand-alone and integrated solutions to cover a broader selection of services, especially in the surveillance area. Using autonomous robotic units as a means of surveillance is a new tendency all over the globe. Robotic units can be used for patrolling warehouses, malls, backyards, office areas and buildings, etc its focus is going to be developing specialized software for the units that will cover all the necessary functionality for surveillance and data transfer.

Tofla Megaline Headlines

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