Advantego Corporation's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the second quarter 2020 to a ratio of 3.92, above the company average. This is a clear sign of healthy business climate in the Cloud Computing & Data Analytics industry and improving liquidity at their respective customers, during the second quarter 2020. Average receivable collection period, for the Advantego in Jun 30 2020 quarter, has decreased to 93 days, compared to 131 days, in the Mar 31 2020 quarter.

If we take a look into Technology sector Advantego Corporation achieved the highest receivable turnover ratio. While receivables turnover ratio remained unchanged relative to the previous period at no. .

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What is Advantego Corporation Selling?

What is Receivable Turnover Ratio?

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MYNG Receivables Turnover Ratio	(Jun 30 2020) II. Quarter	(Mar 31 2020) I. Quarter	(Dec 31 2019) IV. Quarter	(Sep 30 2019) III. Quarter	(Jun 30 2019) II. Quarter
Y / Y Receivable Change	-	-83.57 %	-88.98 %	702.78 %	171.72 %
Y / Y Revenue Change	-	-30.65 %	-22.21 %	19.83 %	-70.44 %
Receivable Turnover Ratio (TTM)	3.92	2.79	2.58	2.46	3.66
MYNG's Total Ranking	#	#	#	#	#
Accounts Receivable average collection period days	93	131	142	149	100
Seq. Receivable Change	-	21.43 %	-96.77 %	27.63 %	228.16 %
Seq. Revenue Change	-	-80.89 %	-45.17 %	161.56 %	153.05 %

Receivable Turnover Company Ranking
Within:	No.
Cloud Computing & Data Analytics Industry	#
Technology Sector	#
Overall Market	#

Receivable Turnover Ratio Statistics
High	Average	Low
0	0	0

MYNG Company Profile • Back to MYNG Efficiency Comparisons • Compare MYNG Receivables Turnover Ratio to its Competitors

Financial Statements
Advantego's Accounts Receivable	$ 0 Millions	Visit MYNG's Balance sheet
Advantego's Sales TTM	$ 0 Millions	Visit MYNG's Income Statement
Sources of MYNG's Revenues		Visit MYNG's Sales by Geography

Other Accounts Receivable Turnover Ratios
Cloud Computing & Data Analytics Industry Accounts Receivable Turnover Trends and Statistics
Technology Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
MYNG's Receivable Turnover Ratio versus Cloud Computing & Data Analytics Industry, Technology Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

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Companies with similar Receivables Turnover Ratio for the quarter ending Jun 30 2020, within Technology Sector

Receivable Turnover Ratio

Revenues for 12 Months ending Jun 30 2020

Receivable at quarter ending Jun 30 2020

Date modified: 2026-09-12T06:22:34+00:00

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