NetBrands (NetBrands) Receivables Turnover : 0.00 (As of Mar. 2024)

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What is NetBrands 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. NetBrands's Revenue for the three months ended in Mar. 2024 was $0.00 Mil. NetBrands's average Accounts Receivable for the three months ended in Mar. 2024 was $0.01 Mil.

NetBrands Receivables Turnover Historical Data

The historical data trend for NetBrands'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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NetBrands Receivables Turnover Chart

NetBrands Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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48.78

17.76

17.19

13.75

18.70

NetBrands 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															2.78	1.83	2.82	13.56	-

Competitive Comparison of NetBrands's Receivables Turnover

For the Packaged Foods subindustry, NetBrands'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.

NetBrands's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, NetBrands's Receivables Turnover distribution charts can be found below:

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

NetBrands Receivables Turnover Calculation

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

NetBrands'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 )
=	0.645	/ (	(0.064	+	0.005)	/	2 )
=	0.645	/	0.0345
=	18.70

NetBrands'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 )
=	0	/ (	(0.005	+	0.005)	/	2 )
=	0	/	0.005
=	N/A

NetBrands (OTCPK:NBND) 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.

NetBrands Receivables Turnover Related Terms

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NetBrands (NetBrands) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » NetBrands Corp (OTCPK:NBND) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

4042 Austin Boulevard, Suite B Island Park, New York, NY, USA, 11558

Website

https://www.gdmginc.com

NetBrands Corp operates as a global diversified holdings company through several divisions. One of its divisions markets and sells multi-line consumer packaged goods (CPG) with branded product lines on a global basis. Another division acquires e-commerce assets as well as private businesses in various verticals and scales them up.

Executives

Paul Adler	director, 10 percent owner, officer: President, Secretary and CEO	4042 AUSTIN BOULEVARD SUITE B, ISLAND PARK NY 11558
David Natan	director	11190 BISCAYNE BLVD, MIAMI FL 33181
Michael Cascione	director	1309 SHELBOURNE AVE, MAMARONECK NY 10543
Sandra G. Williams	director	122 SCHOOL ST., FRAMINGHAM MA 01701
James Curtis Donegan	director	6080 S. CHESTER WAY, GREENWOOD VILLAGE CO 80111
James M Cassidy	other: frmer dir., officer: 5% sh	215 APOLENA AVENUE, NEWPORT BEACH CA 92662
James K Mckillop	other: frmer dir., officer: 5% sh	9454 WILSHIRE BOULEVARD, SUITE 612, BEVERLY HILLS CA 90212