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, pointing to a challenging and on top of that deteriorating business climate for the IT Infrastructure industry. 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 8 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 164, from overall ranking in the second quarter 2022 at 489.

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 % 5.7 % -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 70.76
IINX's Total Ranking # 164 # 489 # 1458 # 489 # 1454
Accounts Receivable average collection period days 13 9 7 5 5
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 # 1
Technology Sector # 9
Overall Market # 164

Receivable Turnover Ratio Statistics
High Average Low
536.22 135.19 0.41
(Dec 31 2019)   (Jun 30 2014)






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
Marqeta Inc   64.87 $ 575.290  Millions$ 8.868  Millions
Godaddy Inc   64.83 $ 3,917.300  Millions$ 60.425  Millions
Datto Holding Corp   63.08 $ 739.421  Millions$ 11.722  Millions
Microalgo Inc   59.27 $ 23.356  Millions$ 0.394  Millions
Fdctech Inc   52.06 $ 1.934  Millions$ 0.037  Millions
Legalzoom com Inc   51.09 $ 593.717  Millions$ 11.621  Millions
Veritec Inc   49.94 $ 0.387  Millions$ 0.008  Millions
Dropbox Inc   47.17 $ 2,208.700  Millions$ 46.825  Millions
Skillz Inc   42.94 $ 393.850  Millions$ 9.171  Millions
Cyxtera Technologies Inc   39.52 $ 713.300  Millions$ 18.050  Millions
Avalon Globocare Corp  37.70 $ 1.399  Millions$ 0.037  Millions
Scworx Corp   33.85 $ 97.853  Millions$ 2.891  Millions
Iiot oxys Inc   33.48 $ 0.233  Millions$ 0.007  Millions
Ooma Inc   32.78 $ 197.055  Millions$ 6.011  Millions
Elys Game Technology Corp   28.85 $ 43.625  Millions$ 1.512  Millions
Data443 Risk Mitigation Inc   28.16 $ 3.384  Millions$ 0.120  Millions
Appfolio Inc   27.60 $ 385.745  Millions$ 13.977  Millions
Intuit Inc   26.67 $ 12,873.000  Millions$ 482.750  Millions
Leader Capital Holdings Corp   26.17 $ 0.062  Millions$ 0.002  Millions
Netlist Inc  25.20 $ 176.821  Millions$ 7.017  Millions
Bill Holdings Inc   24.93 $ 518.065  Millions$ 20.780  Millions
Qxo Inc   24.65 $ 41.846  Millions$ 1.697  Millions
Engagesmart Inc   24.53 $ 236.202  Millions$ 9.629  Millions
Vpr Brands Lp  24.33 $ 6.026  Millions$ 0.248  Millions
Digerati Technologies Inc   23.89 $ 19.746  Millions$ 0.827  Millions
Switch Inc   23.49 $ 625.788  Millions$ 26.646  Millions
Amesite Inc  23.41 $ 0.796  Millions$ 0.034  Millions
Mix Telematics Limited  23.12 $ 142.435  Millions$ 6.161  Millions
Exeo Entertainment Inc.  22.29 $ 0.018  Millions$ 0.001  Millions
Datavault Ai Inc   22.09 $ 5.954  Millions$ 0.269  Millions

Date modified: 2026-10-07T00:41:47+00:00



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