Net Element, Inc. Accounts Receivable Turnover

Accounts Receivable Turnover of NETE for past 10 years: annual, quarterly and twelve month trailing (TTM) including Accounts Receivable Turnover growth rates and interactive chart.

Highlights and Quick Summary

  • Annual Accounts Receivable Turnover for 2019 was 10.12 (a -9.56% decrease from previous year)
  • Annual Accounts Receivable Turnover for 2018 was 11.19 (a 17.31% increase from previous year)
  • Annual Accounts Receivable Turnover for 2017 was 9.53 (a 8.24% increase from previous year)
  • Twelve month Accounts Receivable Turnover ending September 29, 2020 was 11.66 (a 1.07% increase compared to previous quarter)
  • Twelve month trailing Accounts Receivable Turnover increased by 15.24% year-over-year
Trailing Accounts Receivable Turnover for the last four month:
29 Sep '20 29 Jun '20 30 Mar '20 30 Dec '19
11.66 11.53 14.37 10.12
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Historical Accounts Receivable Turnover of Net Element, Inc.

Most recent Accounts Receivable Turnoverof NETE including historical data for past 10 years.

Interactive Chart of Accounts Receivable Turnover of Net Element, Inc.

Net Element, Inc. Accounts Receivable Turnover for the past 10 Years (both Annual and Quarterly)

Year Q1 Q2 Q3 Q4 Fiscal Year
2019 10.12
2018 11.19
2017 9.53
2016 8.81
2015 9.34
2014 3.03
2013 1.75
2012 0.26
2011 0.0

Business Profile of Net Element, Inc.

Sector: Technology
Industry: Software—Infrastructure
Net Element, Inc. operates as a financial technology and value-added solutions company in North America, Russia, and the Commonwealth of Independent States. It operates in two segments, North American Transaction Solutions and International Transaction Solutions. The company offers a range of payment acceptance and transaction processing services that enable merchants of various sizes to accept and process approximately 100 payment options, including credit, debit, prepaid, and alternative payments; and value-added services and technologies, such as integrated payment technologies, point-of-sale solutions (POS), fraud management solutions, information solutions, and analytical tools. Its services include Unified Payments that provides integrated payment acceptance solutions, value-added POS, and business process management services; Unified m-POS, a mobile POS application that accepts payments; Aptito POS Platform, an integrated POS platform for the hospitality, retail, service, and on the go industries; Restoactive, a POS restaurant management platform; Zero Pay, a zero-fee payment acceptance program for SMB merchants; transactional services, mobile payment transactions, online payment transactions, and other payment technologies under the PayOnline name; Pay-Travel, an integrated payment processing solutions to the travel industry; and Netevia, a multi-channel payments and merchant management platform that delivers end-to-end payment processing through easy-to-use APIs. Net Element, Inc. offers its services through retail and mobile merchants, as well as online. The company was formerly known as Net Element International, Inc. and changed its name to Net Element, Inc. in December 2013. Net Element, Inc. was founded in 2004 and is based in North Miami Beach, Florida.