Ionix Technology Inc. Receivables Turnover Ratio (IINX), from the third quarter 2022 to the third quarter 2021 current and historic results, rankings and more - CSIMarket
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Ionix Technology Inc.  (IINX)
    Sector  Technology    Industry IT Infrastructure
   Industry IT Infrastructure
   Sector  Technology
 

Ionix Technology Accounts Receivables Turnover Ratio from the third quarter 2022 to the third quarter 2021

Quarterly Results, Trends, Rankings, Statistics


Ionix Technology Inc.'s ability to collect accounts receivable sequentially worsen to 28.17, indicating more challenging environment then in the second quarter 2022, but still, it is a far cry from any concerns. Ionix Technology's Accounts Receivable average collection period in the Mar 31 2022 quarter, has increased to 13 days, from 9 days, in the Dec 31 2021 quarter.

If we take a look into Technology sector 34 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Mar 31 2022 from 489 to 541.

What is Receivable Turnover Ratio?
What is Ionix Technology Inc. Selling?


What is Receivable Turnover Ratio?





IINX Receivables Turnover Ratio (Mar 31 2022)
III. Quarter
(Dec 31 2021)
II. Quarter
(Sep 30 2021)
I. Quarter
(Jun 30 2021)
IV. Quarter
(Mar 31 2021)
III. Quarter
Y / Y Receivable Change 541.95 % 1341.51 % 772.24 % -84.97 % -97.18 %
Y / Y Revenue Change -34.88 % 32.2 % 53.81 % 73.41 % 14.85 %
Receivable Turnover Ratio (TTM) 28.17 39.67 51.84 80.45 13.46
IINX's Total Ranking # 541 # 489 # 1458 # 489 # 1454
Accounts Receivable average collection period days 13 9 7 5 27
Seq. Receivable Change 25.24 % -12.65 % 14.08 % 414.4 % 181.22 %
Seq. Revenue Change -47.81 % -13.34 % -12.93 % 65.35 % 5.96 %


Receivable Turnover Company Ranking
Within: No.
IT Infrastructure Industry # 0
Technology Sector # 35
Overall Market # 541

Receivable Turnover Ratio Statistics
High Average Low
80.45 20.22 4.75
(Jun 30 2021)   (Jun 30 2019)






Financial Statements
Ionix Technology's Accounts Receivable $ 1 Millions Visit IINX's Balance sheet
Ionix Technology's Sales TTM $ 16 Millions Visit IINX's Income Statement
Sources of IINX's Revenues Visit IINX's Sales by Geography

Other Accounts Receivable Turnover Ratios
IT Infrastructure Industry Accounts Receivable Turnover Trends and Statistics
Technology Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
IINX's Receivable Turnover Ratio versus IT Infrastructure Industry, Technology Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

You may also want to know
IINX's Growth Rates IINX's Roa IINX's Inventory Turnover Ratio IINX's Dividend Comparisons
IINX's Profitability Ratios IINX's Roi IINX's Asset Turnover Ratio IINX's Dividend Growth
IINX's Valuation Ratios IINX's Roe IINX's Financial Strength Ratios IINX's Dividend Payout Ratio



Companies with similar Receivables Turnover Ratio for the quarter ending Mar 31 2022, within Technology Sector Receivable Turnover Ratio Revenues for 12 Months ending Mar 31 2022 Receivable at quarter ending Mar 31 2022
Godaddy Inc   64.83 $ 3,917.300  Millions$ 60.425  Millions
Compass Inc   64.71 $ 6,704.100  Millions$ 103.600  Millions
Eventbrite Inc   64.35 $ 215.191  Millions$ 3.344  Millions
Datto Holding Corp   63.08 $ 739.421  Millions$ 11.722  Millions
Microalgo Inc   59.27 $ 23.356  Millions$ 0.394  Millions
Cyxtera Technologies Inc   58.81 $ 1,061.500  Millions$ 18.050  Millions
Fdctech Inc   52.06 $ 1.934  Millions$ 0.037  Millions
Legalzoom com Inc   51.76 $ 593.717  Millions$ 11.470  Millions
Block Inc   50.80 $ 16,564.578  Millions$ 326.075  Millions
Veritec Inc   49.94 $ 0.387  Millions$ 0.008  Millions
Zerify Inc   49.46 $ 0.754  Millions$ 0.015  Millions
Paycom Software Inc   47.88 $ 1,136.845  Millions$ 23.741  Millions
Dropbox Inc   47.17 $ 2,208.700  Millions$ 46.825  Millions
Skillz Inc   39.93 $ 393.850  Millions$ 9.863  Millions
Transphorm Inc   37.61 $ 24.050  Millions$ 0.640  Millions
Iiot oxys Inc   33.48 $ 0.233  Millions$ 0.007  Millions
Vpr Brands Lp  33.04 $ 5.668  Millions$ 0.172  Millions
Ooma Inc   32.78 $ 197.055  Millions$ 6.011  Millions
Scworx Corp   31.77 $ 97.853  Millions$ 3.080  Millions
Amesite Inc  31.38 $ 0.796  Millions$ 0.025  Millions
Dzs Inc  30.52 $ 340.566  Millions$ 11.157  Millions
Elys Game Technology Corp   28.82 $ 43.625  Millions$ 1.514  Millions
Sony Group Corporation  28.34 $ 72,597.322  Millions$ 2,561.892  Millions
Allegro Microsystems Inc   28.17 $ 768.674  Millions$ 27.286  Millions
Ionix Technology Inc.  28.17 $ 15.778  Millions$ 0.560  Millions
Data443 Risk Mitigation Inc   28.16 $ 3.384  Millions$ 0.120  Millions
Appfolio Inc   27.60 $ 385.745  Millions$ 13.977  Millions
Netlist Inc  25.20 $ 176.821  Millions$ 7.017  Millions
Bill Holdings Inc   24.93 $ 518.065  Millions$ 20.780  Millions
Digerati Technologies Inc   23.89 $ 19.746  Millions$ 0.827  Millions

Date modified: 2026-08-29T17:34:55+00:00



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