AMHGQ (Amergent Hospitality Group) Receivables Turnover: 5.40 (As of Dec. 2022)

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What is Amergent Hospitality Group Receivables Turnover?

Amergent Hospitality Group AMHGQ -99.00% Receivables Turnover is 5.40 as of Dec. 2022.

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. Amergent Hospitality Group's Revenue for the three months ended in Dec. 2022 was $4.67 Mil. Amergent Hospitality Group's average Accounts Receivable for the three months ended in Dec. 2022 was $0.87 Mil. Hence, Amergent Hospitality Group's Receivables Turnover for the three months ended in Dec. 2022 was 5.40.

Amergent Hospitality Group  (OTCPK:AMHGQ) 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.

Amergent Hospitality Group Receivables Turnover Related Terms

Amergent Hospitality Group Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Amergent Hospitality Group'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.

Amergent Hospitality Group Receivables Turnover Chart

Amergent Hospitality Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Receivables Turnover
228.36 84.14 35.03 24.56

Amergent Hospitality Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 10.36 9.95 9.49 6.12 5.40

AMHGQ vs MCD, SBUX, CMG: Receivables Turnover Comparison

For the Restaurants subindustry, Amergent Hospitality Group'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.

Amergent Hospitality Group Receivables Turnover vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Amergent Hospitality Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Amergent Hospitality Group's Receivables Turnover falls into.


Amergent Hospitality Group Receivables Turnover Calculation

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

Amergent Hospitality Group's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Receivables Turnover (A: Dec. 2022 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2022 ) / ((Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count )
=21.294 / ((0.865 + 0.869) / 2 )
=21.294 / 0.867
=24.56

Amergent Hospitality Group's Receivables Turnover for the quarter that ended in Dec. 2022 is calculated as

Receivables Turnover (Q: Dec. 2022 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2022 ) / ((Accounts Receivable (Q: Sep. 2022 ) + Accounts Receivable (Q: Dec. 2022 )) / count )
=4.667 / ((0.861 + 0.869) / 2 )
=4.667 / 0.865
=5.40

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 5.40 mean?
Amergent Hospitality Group (AMHGQ) has a Receivables Turnover of 5.40 as of Dec. 2022. The accounts 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. View historical data on Amergent Hospitality Group and its competitors.
Is Amergent Hospitality Group's Receivables Turnover too high?
Amergent Hospitality Group's current Receivables Turnover is 5.40. The Restaurants industry median Receivables Turnover is 28.17. Amergent Hospitality Group's value of 5.40 is 80.8% below this industry median.
How does Amergent Hospitality Group's Receivables Turnover compare to MCD and SBUX?
Amergent Hospitality Group's Receivables Turnover of 5.40 can be compared against companies in the Restaurants industry. The industry median Receivables Turnover is 28.17. Amergent Hospitality Group's value of 5.40 is 80.8% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Restaurants company?
The median Receivables Turnover among Restaurants companies is 28.17, based on 353 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Amergent Hospitality Group's current Receivables Turnover of 5.40 is 80.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Amergent Hospitality Group and its competitors. For the Restaurants industry, the median Receivables Turnover is 28.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Amergent Hospitality Group's current Receivables Turnover is 5.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amergent Hospitality Group stock overvalued right now?
Amergent Hospitality Group (AMHGQ) has a current Receivables Turnover of 5.40. The current Receivables Turnover is 5.40 and 80.8% below the Restaurants industry median of 28.17. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Amergent Hospitality Group (AMHGQ), the current Receivables Turnover is 5.40 as of Dec. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Amergent Hospitality Group Business Description

Address 7529 Red Oak Lane, Charlotte, NC, USA, 28226
Amergent Hospitality Group Inc owns, operates, and franchises restaurant brands. It generates the majority of its revenue from Restaurant sales, followed by Gaming and Franchise income. The company operates only in the United States.