PSYC (PSYC) Receivables Turnover : 0.00 (As of Sep. 2023)

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What is PSYC 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. PSYC's Revenue for the three months ended in Sep. 2023 was $0.03 Mil. PSYC's average Accounts Receivable for the three months ended in Sep. 2023 was $0.00 Mil.

PSYC Receivables Turnover Historical Data

The historical data trend for PSYC'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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PSYC Receivables Turnover Chart

PSYC Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec16

Receivables Turnover

15.25

33.60

11.33

3.30

PSYC Quarterly Data
	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Dec14	Mar15	Jun15	Sep15	Mar16	Jun16	Sep16	Dec16	Jun17	Sep22	Sep23
Receivables Turnover	Get a 7-Day Free Trial															-	-	0.98	0.22	-

Competitive Comparison of PSYC's Receivables Turnover

For the Advertising Agencies subindustry, PSYC'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.

PSYC's Receivables Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, PSYC's Receivables Turnover distribution charts can be found below:

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

PSYC Receivables Turnover Calculation

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

PSYC's Receivables Turnover for the fiscal year that ended in Dec. 2016 is calculated as

	Receivables Turnover (A: Dec. 2016 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2016 )	/ (	(Accounts Receivable (A: Dec. 2014 )	+	Accounts Receivable (A: Dec. 2016 ))	/	count )
=	0	/ (	(0.085	+	0.114)	/	2 )
=	0	/	0.0995
=	N/A

PSYC's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

	Receivables Turnover (Q: Sep. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2023 )	/ (	(Accounts Receivable (Q: Sep. 2022 )	+	Accounts Receivable (Q: Sep. 2023 ))	/	count )
=	0.033	/ (	(0	+	0)	/	1 )
=	0.033	/	0
=	N/A

PSYC (OTCPK:PSYC) 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.

PSYC Receivables Turnover Related Terms

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PSYC (PSYC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » PSYC Corp (OTCPK:PSYC) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

2881 South Valley View Boulevard, Suite 9, Las Vegas, NV, USA, 89102

Website

https://www.psyccorporation.com

PSYC Corp is a media-focused company serving the expanding industry and community of medicinal psychedelics. Through its media platform, Psychedelic Spotlight, the company has positioned itself right at the very core of the psychedelics renaissance. Technical420 is also one such platform that provides information and analysis on public and private companies. These platforms provide the Company with an opportunity to dominate the intersection of cannabis and psychedelics as a media leader. Along with its subsidiary, the group offers public relations and media-focused services to companies within the medicinal psychedelics industry and other niche industries that includes cannabis, health, and wellness, and sports, among others.