Omniq Corp 's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the forth quarter 2024 to a ratio of
3.72, this is below the company average, and notable indication of worsening business environment. Average receivable collection period, for the Omniq in Dec 31 2024 quarter, has decreased to 98 days, compared to 114 days, in the Sep 30 2024 quarter.
If we take a look into
Technology sector 525 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to
2919, from overall ranking in the third quarter 2024 at
3109.
What is Receivable Turnover Ratio?
What is Omniq Corp Selling?
What is Receivable Turnover Ratio?