Clubhouse Media Group Inc 's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the second quarter 2024 to a ratio of 16.46, this is below the company average, and notable indication of worsening business environment. Average receivable collection period, for the Clubhouse Media Group Inc in Jun 30 2024 quarter, has decreased to 22 days, compared to 25 days, in the Mar 31 2024 quarter.

If we take a look into Services sector 140 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Jun 30 2024 from 642 to 728.

What is Receivable Turnover Ratio?
What is Clubhouse Media Group Inc Selling?

What is Receivable Turnover Ratio?

Select the Comparisons :

None ▼

Select the Ratio:

Accounts Receivables Turnover▼

None ▼

Accounts Receivables Turnover▼

Download as CSV

Commercial Data Licensing & OEM

Annual commercial subscriptions for corporate use, internal BI systems, management reporting, AI integration, and client-facing platforms

API & Data Feeds

Programmatic access to normalized fundamentals & ratios.

TONJ Receivables Turnover Ratio	(Jun 30 2024) II. Quarter	(Mar 31 2024) I. Quarter	(Dec 31 2023) IV. Quarter	(Sep 30 2023) III. Quarter	(Jun 30 2023) II. Quarter
Y / Y Receivable Change	-99.03 %	-97.38 %	-95.96 %	-21.19 %	-50.16 %
Y / Y Revenue Change	-46.93 %	-70.42 %	-49.84 %	-46.15 %	-58.63 %
Receivable Turnover Ratio (TTM)	16.46	14.33	11.41	10.72	11.86
TONJ's Total Ranking	# 728	# 642	# 906	# 666	# 785
Accounts Receivable average collection period days	22	25	32	34	31
Seq. Receivable Change	-86.84 %	0.29 %	-97.61 %	207.82 %	-64.48 %
Seq. Revenue Change	3.95 %	-43.23 %	-39.17 %	47.83 %	-42.06 %

Receivable Turnover Company Ranking
Within:	No.
Movies and Entertainment Industry	# 10
Services Sector	# 141
Overall Market	# 728

Receivable Turnover Ratio Statistics
High	Average	Low
55.97	17.12	3.93
(Sep 30 2021)		(Jun 30 2017)

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

Financial Statements
Clubhouse Media Group Inc 's Accounts Receivable	$ 0 Millions	Visit TONJ's Balance sheet
Clubhouse Media Group Inc 's Sales TTM	$ 3 Millions	Visit TONJ's Income Statement
Sources of TONJ's Revenues		Visit TONJ's Sales by Geography

Other Accounts Receivable Turnover Ratios
Movies and Entertainment Industry Accounts Receivable Turnover Trends and Statistics
Services Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
TONJ's Receivable Turnover Ratio versus Movies and Entertainment Industry, Services Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

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

Companies with similar Receivables Turnover Ratio for the quarter ending Jun 30 2024, within Services Sector	Receivable Turnover Ratio	Revenues for 12 Months ending Jun 30 2024	Receivable at quarter ending Jun 30 2024
Hubilu Venture Corporation	474.00	$ 2.101 Millions	$ 0.004 Millions
Bt Brands Inc	455.95	$ 14.307 Millions	$ 0.031 Millions
Parks America Inc	404.48	$ 10.268 Millions	$ 0.025 Millions
Trinet Group Inc	305.05	$ 4,957.000 Millions	$ 16.250 Millions
Frontdoor Inc	301.67	$ 1,810.000 Millions	$ 6.000 Millions

Date modified: 2026-08-29T17:35:47+00:00

Help

About us

Products

Data downloads

API

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com

Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.