Shengda Network Technology Inc Receivables Turnover Ratio (SOLQ), from the first quarter 2023 to the first quarter 2022 current and historic results, rankings and more - CSIMarket
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• Sales per Employee
• Income per Employee
• Inventory Turnover
• Asset Turnover
• Receivables Turnover
Shengda Network Technology Inc   (SOLQ)
 

Shengda Network Technology Inc Accounts Receivables Turnover Ratio from the first quarter 2023 to the first quarter 2022

Quarterly Results, Trends, Rankings, Statistics


Shengda Network Technology Inc 's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the first quarter 2023 to a ratio of 3.09, 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 first quarter 2023. Average receivable collection period, for the Shengda Network Technology Inc in Sep 30 2022 quarter, has decreased to 118 days, compared to 268 days, in the Jun 30 2022 quarter.

If we take a look into Technology sector 610 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Sep 30 2022 from 3747 to 3865.

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What is Receivable Turnover Ratio?




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SOLQ Receivables Turnover Ratio (Sep 30 2022)
I. Quarter		 (Jun 30 2022)
IV. Quarter		 (Mar 31 2022)
III. Quarter		 (Dec 31 2021)
II. Quarter		 (Sep 30 2021)
I. Quarter
Y / Y Receivable Change -82.81 % -64.88 % 504.83 % -93.11 % 87.18 %
Y / Y Revenue Change 290.36 % -96.99 % 84.54 % -76.71 % -85.54 %
Receivable Turnover Ratio (TTM) 3.09 1.36 3.24 3.48 2.01
SOLQ's Total Ranking # 3865 # 3747 # 2539 # 3819 # 3367
Accounts Receivable average collection period days 118 268 112 105 182
Seq. Receivable Change -85.48 % 51.52 % 108.93 % -62.6 % -70.34 %
Seq. Revenue Change 944.8 % -80.33 % 134.19 % -18.88 % -91.95 %


Receivable Turnover Company Ranking
Within: No.
Cloud Computing & Data Analytics Industry # 98
Technology Sector # 611
Overall Market # 3865

Receivable Turnover Ratio Statistics
High Average Low
2.55 1.88 0.82
(Sep 30 2021)   (Jun 30 2022)





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

Financial Statements
Shengda Network Technology Inc 's Accounts Receivable $ 0 Millions Visit SOLQ's Balance sheet
Shengda Network Technology Inc 's Sales TTM $ 5 Millions Visit SOLQ's Income Statement
Sources of SOLQ's Revenues Visit SOLQ'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
SOLQ'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

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



Companies with similar Receivables Turnover Ratio for the quarter ending Sep 30 2022, within Technology Sector Receivable Turnover Ratio Revenues for 12 Months ending Sep 30 2022 Receivable at quarter ending Sep 30 2022
Digerati Technologies Inc   30.95 $ 28.507  Millions$ 0.921  Millions
Bill Holdings Inc   30.78 $ 755.480  Millions$ 24.547  Millions
Skillz Inc   29.99 $ 335.877  Millions$ 11.200  Millions
Appfolio Inc   29.66 $ 443.425  Millions$ 14.952  Millions
Sidechannel Inc   29.55 $ 5.837  Millions$ 0.198  Millions
Switch Inc   28.37 $ 668.646  Millions$ 23.569  Millions
Quarta rad Inc   28.05 $ 0.957  Millions$ 0.034  Millions
Cyxtera Technologies Inc   27.95 $ 731.500  Millions$ 26.175  Millions
Intuit Inc   27.19 $ 13,316.000  Millions$ 489.750  Millions
Mix Telematics Limited  26.44 $ 141.298  Millions$ 5.345  Millions
Engagesmart Inc   26.02 $ 281.620  Millions$ 10.822  Millions
Ipsidy Inc  24.78 $ 2.468  Millions$ 0.100  Millions
Cyren Ltd   24.65 $ 29.955  Millions$ 1.215  Millions
Power Integrations Inc   24.08 $ 699.022  Millions$ 29.027  Millions
Amesite Inc  23.48 $ 0.837  Millions$ 0.036  Millions
Data443 Risk Mitigation Inc   22.33 $ 2.794  Millions$ 0.125  Millions
Tucows Inc  21.93 $ 324.709  Millions$ 14.804  Millions
Paycor Hcm Inc   21.43 $ 454.958  Millions$ 21.228  Millions
Leafly Holdings Inc   21.28 $ 47.328  Millions$ 2.224  Millions
Qxo Inc   21.04 $ 43.062  Millions$ 2.047  Millions
Snap One Holdings Corp   20.24 $ 1,129.067  Millions$ 55.779  Millions
Vpr Brands Lp  20.17 $ 4.817  Millions$ 0.239  Millions
Playtika Holding Corp   19.51 $ 2,633.300  Millions$ 134.975  Millions
Gopro Inc   19.08 $ 1,163.669  Millions$ 61.004  Millions
Phunware Inc   19.07 $ 22.422  Millions$ 1.176  Millions
George Risk Industries Inc   19.04 $ 19.669  Millions$ 1.033  Millions
Oracle Corporation  19.03 $ 104,124.000  Millions$ 5,471.750  Millions
Ziprecruiter Inc   18.95 $ 914.308  Millions$ 48.243  Millions
Datavault Ai Inc   18.83 $ 4.449  Millions$ 0.236  Millions
Soundhound Ai Inc   18.21 $ 17.319  Millions$ 0.951  Millions

Date modified: 2026-08-29T17:46:00+00:00



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