1 Life Clips Inc. Receivables Turnover Ratio (LCLP), from the third quarter 2022 to the third quarter 2021 current and historic results, rankings and more - CSIMarket
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Life Clips Inc.  (LCLP)
    Sector  Technology    Industry Consumer Electronics
   Industry Consumer Electronics
   Sector  Technology
 

Life Clips Accounts Receivables Turnover Ratio from the third quarter 2022 to the third quarter 2021

Quarterly Results, Trends, Rankings, Statistics


Life Clips Inc.'s ability to collect its outstanding accounts receivable from its corporate clients, has improved in the third quarter 2022 to a ratio of 7.62, this represents a new company high. This is a clear indication for improving liquidity at Life Clips Inc.'s clients. Average receivable collection period, for the Life Clips in Mar 31 2022 quarter, has decreased to 48 days, compared to 60 days, in the Dec 31 2021 quarter.

If we take a look into Technology sector 219 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 1816, from overall ranking in the second quarter 2022 at 3128.

What is Receivable Turnover Ratio?
What is Life Clips Inc. Selling?


What is Receivable Turnover Ratio?





LCLP 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 - - - - -
Y / Y Revenue Change - - - - -
Receivable Turnover Ratio (TTM) 7.62 6.11 1.01 - -
LCLP's Total Ranking # 1816 # 3128 # 0 # 0 # 3115
Accounts Receivable average collection period days 48 60 362 - -
Seq. Receivable Change 9.21 % 203.16 % - - -
Seq. Revenue Change 32.61 % 4804.7 % -8.85 % - -


Receivable Turnover Company Ranking
Within: No.
Consumer Electronics Industry # 15
Technology Sector # 220
Overall Market # 1816

Receivable Turnover Ratio Statistics
High Average Low
7.62 -23.34 -112.16
(Mar 31 2022)   (Mar 31 2018)






Financial Statements
Life Clips's Accounts Receivable $ 1 Millions Visit LCLP's Balance sheet
Life Clips's Sales TTM $ 5 Millions Visit LCLP's Income Statement
Sources of LCLP's Revenues Visit LCLP's Sales by Geography

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

You may also want to know
LCLP's Growth Rates LCLP's Roa LCLP's Inventory Turnover Ratio LCLP's Dividend Comparisons
LCLP's Profitability Ratios LCLP's Roi LCLP's Asset Turnover Ratio LCLP's Dividend Growth
LCLP's Valuation Ratios LCLP's Roe LCLP's Financial Strength Ratios LCLP'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
Premier Inc   11.57 $ 1,573.710  Millions$ 136.023  Millions
Intellinetics Inc   11.46 $ 11.529  Millions$ 1.006  Millions
Ubiquiti Inc   11.40 $ 1,726.435  Millions$ 151.497  Millions
Us Nuclear Corp  11.35 $ 2.059  Millions$ 0.181  Millions
Turtle Beach Corporation  11.35 $ 319.963  Millions$ 28.195  Millions
2u inc   11.30 $ 966.538  Millions$ 85.504  Millions
Texas Instruments Incorporated  11.25 $ 18,960.000  Millions$ 1,685.000  Millions
Duos Technologies Group Inc   11.21 $ 7.544  Millions$ 0.673  Millions
Electronic Systems Technology Inc  11.13 $ 1.559  Millions$ 0.140  Millions
Qualcomm Inc  11.07 $ 39,265.000  Millions$ 3,548.500  Millions
Where Food Comes From Inc   10.88 $ 23.648  Millions$ 2.174  Millions
Semtech Corp  10.83 $ 772.635  Millions$ 71.311  Millions
Transphorm Inc   10.83 $ 24.050  Millions$ 2.220  Millions
Coursera Inc   10.69 $ 447.358  Millions$ 41.864  Millions
Great Elm Group Inc   10.65 $ 66.231  Millions$ 6.216  Millions
Datasea Inc  10.46 $ 16.316  Millions$ 1.559  Millions
Duolingo Inc   10.27 $ 276.138  Millions$ 26.901  Millions
Destiny Media Technologies Inc   10.25 $ 4.148  Millions$ 0.405  Millions
Hubspot Inc   10.22 $ 1,414.892  Millions$ 138.449  Millions
Factset Research Systems Inc   10.14 $ 1,667.295  Millions$ 164.490  Millions
Electronic Arts Inc   10.14 $ 6,991.000  Millions$ 689.750  Millions
Sprout Social Inc   10.13 $ 204.470  Millions$ 20.184  Millions
Schmitt Industries Inc   10.08 $ 11.229  Millions$ 1.115  Millions
Zoom Communications Inc   10.06 $ 4,217.051  Millions$ 419.173  Millions
Solarwinds Corporation  10.04 $ 933.254  Millions$ 92.990  Millions
Open Text Corp  10.00 $ 4,195.976  Millions$ 419.485  Millions
Terminix Global Holdings inc.  10.00 $ 2,070.000  Millions$ 207.000  Millions
Forian Inc   9.94 $ 21.650  Millions$ 2.178  Millions
One Stop Systems Inc   9.92 $ 65.719  Millions$ 6.626  Millions
Video Display Corporation  9.91 $ 6.677  Millions$ 0.674  Millions

Date modified: 2026-09-08T15:10:38+00:00



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