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Grand Peak Capital (FRA:6GP1) Receivables Turnover : 2.38 (As of Dec. 2023)


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What is Grand Peak Capital 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. Grand Peak Capital's Revenue for the three months ended in Dec. 2023 was €0.08 Mil. Grand Peak Capital's average Accounts Receivable for the three months ended in Dec. 2023 was €0.03 Mil. Hence, Grand Peak Capital's Receivables Turnover for the three months ended in Dec. 2023 was 2.38.


Grand Peak Capital Receivables Turnover Historical Data

The historical data trend for Grand Peak Capital'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.

Grand Peak Capital Receivables Turnover Chart

Grand Peak Capital Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.01 21.96 - 3.18 6.09

Grand Peak Capital Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 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 0.99 7.60 12.62 1.80 2.38

Competitive Comparison of Grand Peak Capital's Receivables Turnover

For the Asset Management subindustry, Grand Peak Capital'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.


Grand Peak Capital's Receivables Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Grand Peak Capital's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Grand Peak Capital's Receivables Turnover falls into.



Grand Peak Capital Receivables Turnover Calculation

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

Grand Peak Capital's Receivables Turnover for the fiscal year that ended in Sep. 2023 is calculated as

Receivables Turnover (A: Sep. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Sep. 2023 ) / ((Accounts Receivable (A: Sep. 2022 ) + Accounts Receivable (A: Sep. 2023 )) / count )
=0.271 / ((0.061 + 0.028) / 2 )
=0.271 / 0.0445
=6.09

Grand Peak Capital'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 )
=0.075 / ((0.028 + 0.035) / 2 )
=0.075 / 0.0315
=2.38

* 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.


Grand Peak Capital  (FRA:6GP1) 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.


Grand Peak Capital Receivables Turnover Related Terms

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Grand Peak Capital (FRA:6GP1) Business Description

Traded in Other Exchanges
Address
9648-128th Street, Suite 120, Surrey, BC, CAN, V4K 3N3
Grand Peak Capital Corp is a diversified industry investment company. The Company invests in high quality cash flow assets across multiple industries, including real estate ventures in Canada and the USA, securities, early stage venture capital companies.

Grand Peak Capital (FRA:6GP1) Headlines

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