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Sweet Poison Spirits (XCNQ:SPS) Receivables Turnover : 0.00 (As of Jan. 2024)


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What is Sweet Poison Spirits 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. Sweet Poison Spirits's Revenue for the three months ended in Jan. 2024 was C$0.00 Mil. Sweet Poison Spirits's average Accounts Receivable for the three months ended in Jan. 2024 was C$0.00 Mil.


Sweet Poison Spirits Receivables Turnover Historical Data

The historical data trend for Sweet Poison Spirits'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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Sweet Poison Spirits Receivables Turnover Chart

Sweet Poison Spirits Annual Data
Trend Apr19 Apr20 Apr21 Apr22 Apr23
Receivables Turnover
- - - - -

Sweet Poison Spirits Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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Competitive Comparison of Sweet Poison Spirits's Receivables Turnover

For the Beverages - Wineries & Distilleries subindustry, Sweet Poison Spirits'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.


Sweet Poison Spirits's Receivables Turnover Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Sweet Poison Spirits's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Sweet Poison Spirits's Receivables Turnover falls into.



Sweet Poison Spirits Receivables Turnover Calculation

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

Sweet Poison Spirits's Receivables Turnover for the fiscal year that ended in Apr. 2023 is calculated as

Receivables Turnover (A: Apr. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Apr. 2023 ) / ((Accounts Receivable (A: Apr. 2022 ) + Accounts Receivable (A: Apr. 2023 )) / count )
=0 / ((0.002 + 0.016) / 2 )
=0 / 0.009
=N/A

Sweet Poison Spirits's Receivables Turnover for the quarter that ended in Jan. 2024 is calculated as

Receivables Turnover (Q: Jan. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jan. 2024 ) / ((Accounts Receivable (Q: Oct. 2023 ) + Accounts Receivable (Q: Jan. 2024 )) / count )
=0 / ((0.002 + 0.001) / 2 )
=0 / 0.0015
=N/A

* 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.


Sweet Poison Spirits  (XCNQ:SPS) 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.


Sweet Poison Spirits Receivables Turnover Related Terms

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Sweet Poison Spirits (XCNQ:SPS) Business Description

Traded in Other Exchanges
Address
580 Hornby Street, Suite 750, Vancouver, BC, CAN, V6C 3B6
Sweet Poison Spirits Inc is engaged in the distribution of premium quality spirits. The company distributes premium Tequila and Mezcal products under the Sweet Poison brand.

Sweet Poison Spirits (XCNQ:SPS) Headlines

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