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ADM Endeavors (ADM Endeavors) Receivables Turnover : 3.06 (As of Mar. 2024)


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What is ADM Endeavors Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. ADM Endeavors's Revenue for the three months ended in Mar. 2024 was $1.06 Mil. ADM Endeavors's average Accounts Receivable for the three months ended in Mar. 2024 was $0.35 Mil. Hence, ADM Endeavors's Receivables Turnover for the three months ended in Mar. 2024 was 3.06.


ADM Endeavors Receivables Turnover Historical Data

The historical data trend for ADM Endeavors's Receivables Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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ADM Endeavors Receivables Turnover Chart

ADM Endeavors Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.34 39.98 14.78 10.52 13.41

ADM Endeavors Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.45 4.39 5.41 3.50 3.06

Competitive Comparison of ADM Endeavors's Receivables Turnover

For the Specialty Business Services subindustry, ADM Endeavors's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ADM Endeavors's Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, ADM Endeavors's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where ADM Endeavors's Receivables Turnover falls into.



ADM Endeavors Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

ADM Endeavors's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=5.189 / ((0.358 + 0.416) / 2 )
=5.189 / 0.387
=13.41

ADM Endeavors's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=1.056 / ((0.416 + 0.274) / 2 )
=1.056 / 0.345
=3.06

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


ADM Endeavors  (OTCPK:ADMQ) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.


ADM Endeavors Receivables Turnover Related Terms

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ADM Endeavors (ADM Endeavors) Business Description

Traded in Other Exchanges
N/A
Address
5941 Posey Lane, Haltom City, TX, USA, 76117
ADM Endeavors Inc operates a diverse vertical integrated business, which consists of a retail sales division, focusing on screen print promotions, embroidery production, digital production, import wholesale sourcing, and uniforms.
Executives
Marc Johnson director, 10 percent owner, officer: CEO 2709-25 CAPREOL COURT, TORONTO A6 M5V3Z7
Sarah Ethan Nelson director, officer: COO 5941 POSEY LANE, HALTOM TX 76117
Motasem Khanfur officer: CFO 5941 POSEY LANE, HALTOM CITY TX 76117