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Dr. Foods (Dr. Foods) Receivables Turnover : 0.45 (As of Dec. 2023)


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What is Dr. Foods 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. Dr. Foods's Revenue for the three months ended in Dec. 2023 was $0.01 Mil. Dr. Foods's average Accounts Receivable for the three months ended in Dec. 2023 was $0.02 Mil. Hence, Dr. Foods's Receivables Turnover for the three months ended in Dec. 2023 was 0.45.

Dr. Foods Receivables Turnover Historical Data

The historical data trend for Dr. Foods'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.

* Premium members only.

Dr. Foods Receivables Turnover Chart

Dr. Foods Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Mar22 Mar23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.25 25.37 2.93 - -

Dr. Foods Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - 0.50 0.43 0.45

Competitive Comparison of Dr. Foods's Receivables Turnover

For the Pollution & Treatment Controls subindustry, Dr. Foods'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.

Dr. Foods's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Dr. Foods's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Dr. Foods's Receivables Turnover falls into.


Dr. Foods Receivables Turnover Calculation

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

Dr. Foods's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Receivables Turnover (A: Mar. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2023 ) / ((Accounts Receivable (A: Mar. 2022 ) + Accounts Receivable (A: Mar. 2023 )) / count )
=0.001 / ((0 + 0) / 1 )
=0.001 / 0
=N/A

Dr. Foods's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Sep. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=0.007 / ((0.021 + 0.01) / 2 )
=0.007 / 0.0155
=0.45

* 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.

Dr. Foods  (OTCPK:DRFS) 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.

Dr. Foods Receivables Turnover Related Terms

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Dr. Foods (Dr. Foods) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Dr. Foods Inc (OTCPK:DRFS) » Definitions » Receivables Turnover
Comparable Companies
SURP DSOX MVTG SYEV OCLN ROBXF ABHD CLWT MYDX TOMZ LIQT EPCBF FTEK BNET BHTG MZEI CETX HEOFF CDTI RDDTF
Traded in Other Exchanges
N/A
Address
780 Reservoir Avenue, Suite 123, Cranston, RI, USA, 02910
Website
http://www.ambientwater.com
Dr. Foods Inc, formerly Catapult Solutions Inc designs and builds air-to-water appliances for residential and commercial drinking water applications based on patented, patent pending and proprietary technologies. The company primarily serves businesses, governments, and individuals.
Executives
Jeff Stockdale director, 10 percent owner, officer: President 461 ELLIOTT AVE WEST, SEATTLE WA 98119
Jeff R. Mitchell director, 10 percent owner C/O STAFFING 360 SOLUTIONS, INC., 641 LEXINGTON AVENUE, SUITE 1526, NEW YORK NY 10022