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Seatech Ventures Corp   (SEAV)
Other Ticker:  
 
    Sector  Services    Industry Professional Services
   Industry Professional Services
   Sector  Services
 

Seatech Ventures Accounts Receivables Turnover Ratio from the second quarter 2023 to the second quarter 2022

Quarterly Results, Trends, Rankings, Statistics


Seatech Ventures Corp 's ability to collect accounts receivable sequentially worsen to 2.8, indicating more challenging environment then in the first quarter 2023, but still, it is a far cry from any concerns. Seatech Ventures 's Average receivable collection period in the Jun 30 2023 quarter, has increased to 130 days, from 47 days, in the Mar 31 2023 quarter.

If we take a look into Services sector 65 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 345, from overall ranking in the first quarter 2023 at 3419.

What is Receivable Turnover Ratio?
What is Seatech Ventures Corp Selling?


What is Receivable Turnover Ratio?




SEAV Receivables Turnover Ratio (Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
(Jun 30 2022)
II. Quarter
Y / Y Receivable Change 184032.77 % 126539.78 % 2430.04 % - -68.56 %
Y / Y Revenue Change -68.64 % - - -93.3 % 166.67 %
Receivable Turnover Ratio (TTM) 2.8 7.83 18.21 - 86.22
SEAV's Total Ranking # 345 # 3419 # 0 # 0 # 0
Average receivable collection period 131 47 20 - 4
Seq. Receivable Change 38.36 % 96.29 % - - -4.84 %
Seq. Revenue Change -32.2 % -30.29 % 1243.64 % -95.06 % -


Receivable Turnover Company Ranking
Within: No.
Professional Services Industry # 22
Services Sector # 66
Overall Market # 345

Receivable Turnover Ratio Statistics
High Average Low
2.59 2.11 1.64
(Mar 31 2023)   (Jun 30 2023)






Financial Statements
Seatech Ventures 's Accounts Receivable $ 0 Millions Visit SEAV's Balance sheet
Seatech Ventures 's Sales TTM $ 0 Millions Visit SEAV's Income Statement
Where are SEAV's Sales coming from? Visit SEAV's Sales by Geography

Other Accounts Receivable Turnover Ratios
Professional Services Industry Accounts Receivable Turnover Trends and Statistics
Services Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
SEAV's Receivable Turnover Ratio versus Professional Services Industry, Services Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover
Accounts Receivable Turnover for SEAV's Competitors
Receivables Turnover Ratio for SEAV's Suppliers
Accounts Receivables Turnover Ratio for SEAV's Customers

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



Companies with similar Receivables Turnover Ratio for the quarter ending Jun 30 2023, within Services Sector Receivable Turnover Ratio Revenues for 12 Months ending Jun 30 2023 Receivable at quarter ending Jun 30 2023
Spar Group Inc   4.01 $ 257.316  Millions$ 64.219  Millions
United States Cellular Corporation  4.00 $ 4,075.000  Millions$ 1,018.000  Millions
Insperity Inc   4.00 $ 2,402.866  Millions$ 601.358  Millions
Chart Industries Inc  3.99 $ 2,299.500  Millions$ 576.625  Millions
Stagwell Inc   3.93 $ 2,626.685  Millions$ 669.143  Millions
Manpowergroup Inc   3.92 $ 19,217.700  Millions$ 4,906.525  Millions
Donnelley Financial Solutions Inc   3.90 $ 797.100  Millions$ 204.275  Millions
Iheartmedia Inc   3.89 $ 3,846.073  Millions$ 989.753  Millions
Msci Inc   3.85 $ 2,350.222  Millions$ 610.766  Millions
Stride Inc   3.82 $ 1,837.070  Millions$ 481.064  Millions
Urban One inc   3.82 $ 492.966  Millions$ 129.142  Millions
Montrose Environmental Group Inc   3.81 $ 560.355  Millions$ 147.262  Millions
Loop Media inc   3.79 $ 37.195  Millions$ 9.815  Millions
Paypal Holdings Inc   3.78 $ 28,556.000  Millions$ 7,555.500  Millions
Thryv Holdings Inc   3.75 $ 1,056.994  Millions$ 281.643  Millions
Verra Mobility Corporation  3.75 $ 780.090  Millions$ 207.932  Millions
Armada Hoffler Properties Inc   3.74 $ 584.485  Millions$ 156.311  Millions
Cleartronic Inc   3.73 $ 2.192  Millions$ 0.587  Millions
Fidelity National Information Services Inc   3.71 $ 14,573.000  Millions$ 3,928.750  Millions
Cbiz Inc   3.70 $ 1,511.413  Millions$ 408.162  Millions
Mediaco Holding Inc   3.66 $ 30.323  Millions$ 8.283  Millions
Cass Information Systems Inc   3.58 $ 193.703  Millions$ 54.174  Millions
Paychex Inc   3.57 $ 5,007.100  Millions$ 1,401.525  Millions
Level 3 Parent Llc  3.56 $ 7,142.000  Millions$ 2,006.500  Millions
Korn Ferry  3.54 $ 2,866.950  Millions$ 810.500  Millions
Adeia Inc   3.50 $ 514.465  Millions$ 147.113  Millions
Kartoon Studios Inc   3.36 $ 63.961  Millions$ 19.039  Millions
Emerald Holding Inc   3.33 $ 295.500  Millions$ 88.675  Millions
Exponent Inc   3.28 $ 539.289  Millions$ 164.544  Millions
Optimizerx Corporation  3.22 $ 61.561  Millions$ 19.104  Millions

Date modified: 2023-08-21T09:16:57+00:00



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