Bedrocan Cannabis (FRA:8BC) Receivables Turnover : 4.18 (As of Apr. 2015)

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What is Bedrocan Cannabis 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. Bedrocan Cannabis's Revenue for the three months ended in Apr. 2015 was €0.33 Mil. Bedrocan Cannabis's average Accounts Receivable for the three months ended in Apr. 2015 was €0.08 Mil. Hence, Bedrocan Cannabis's Receivables Turnover for the three months ended in Apr. 2015 was 4.18.

Bedrocan Cannabis Receivables Turnover Historical Data

The historical data trend for Bedrocan Cannabis'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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Bedrocan Cannabis Receivables Turnover Chart

Bedrocan Cannabis Annual Data

Trend

Jan13

Jan14

Jan15

Receivables Turnover

Bedrocan Cannabis Quarterly Data
	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15
Receivables Turnover	Get a 7-Day Free Trial					-	0.13	1.13	-	4.18

Competitive Comparison of Bedrocan Cannabis's Receivables Turnover

For the Biotechnology subindustry, Bedrocan Cannabis'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.

Bedrocan Cannabis's Receivables Turnover Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Bedrocan Cannabis's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Bedrocan Cannabis's Receivables Turnover falls into.

Bedrocan Cannabis Receivables Turnover Calculation

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

Bedrocan Cannabis's Receivables Turnover for the fiscal year that ended in Jan. 2015 is calculated as

	Receivables Turnover (A: Jan. 2015 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jan. 2015 )	/ (	(Accounts Receivable (A: Jan. 2014 )	+	Accounts Receivable (A: Jan. 2015 ))	/	count )
=	0	/ (	(0.001	+	0.055)	/	2 )
=	0	/	0.028
=	N/A

Bedrocan Cannabis's Receivables Turnover for the quarter that ended in Apr. 2015 is calculated as

	Receivables Turnover (Q: Apr. 2015 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Apr. 2015 )	/ (	(Accounts Receivable (Q: Jan. 2015 )	+	Accounts Receivable (Q: Apr. 2015 ))	/	count )
=	0.33	/ (	(0.055	+	0.103)	/	2 )
=	0.33	/	0.079
=	4.18

Bedrocan Cannabis (FRA:8BC) 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.

Bedrocan Cannabis Receivables Turnover Related Terms

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Bedrocan Cannabis (FRA:8BC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Bedrocan Cannabis Corp (FRA:8BC) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.bedrocan.ca

POCML 2 Inc is a capital pool company. The Company will not carry on any business other than the identification and evaluation of assets or businesses with a view to completing a proposed Qualifying Transaction.

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