BWMG (Brownie's Marine Group) Receivables Turnover: 10.55 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Brownie's Marine Group Receivables Turnover?

Brownie's Marine Group BWMG Receivables Turnover is 10.55 as of Mar. 2026. The stock has 2 warning signs investors should review. Among 832 Travel & Leisure companies, Brownie's Marine Group ranks better than 76.08% on this metric.

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. Brownie's Marine Group's Revenue for the three months ended in Mar. 2026 was $2.12 Mil. Brownie's Marine Group's average Accounts Receivable for the three months ended in Mar. 2026 was $0.20 Mil. Hence, Brownie's Marine Group's Receivables Turnover for the three months ended in Mar. 2026 was 10.55.


Brownie's Marine Group  (OTCPK:BWMG) 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.


Brownie's Marine Group Receivables Turnover Related Terms


Brownie's Marine Group Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Brownie's Marine 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.

Brownie's Marine Group Receivables Turnover Chart

Brownie's Marine Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 61.05 73.00 77.36 61.89 40.74

Brownie's Marine Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.10 8.21 7.49 7.37 10.55

BWMG vs TRUG, NWTG, SPQS: Receivables Turnover Comparison

For the Leisure subindustry, Brownie's Marine 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.


Brownie's Marine Group Receivables Turnover vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Brownie's Marine Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Brownie's Marine Group's Receivables Turnover falls into.



Brownie's Marine Group Receivables Turnover Calculation

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

Brownie's Marine Group's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=7.517 / ((0.18 + 0.189) / 2 )
=7.517 / 0.1845
=40.74

Brownie's Marine Group's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=2.115 / ((0.189 + 0.212) / 2 )
=2.115 / 0.2005
=10.55

* 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 10.55 mean?
Brownie's Marine Group (BWMG) has a Receivables Turnover of 10.55 as of Mar. 2026. 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 Brownie's Marine Group and its competitors. According to the industry distribution chart, Brownie's Marine Group ranks #199 out of 832 companies in the Travel & Leisure industry, placing it in the top 23.9%.
Is Brownie's Marine Group's Receivables Turnover too high?
Brownie's Marine Group's current Receivables Turnover is 10.55. The Travel & Leisure industry median Receivables Turnover is 14.10. Brownie's Marine Group's value of 10.55 is 25.2% below this industry median. Based on the distribution chart, Brownie's Marine Group ranks #199 out of 832 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers.
How does Brownie's Marine Group's Receivables Turnover compare to TRUG and NWTG?
According to the Travel & Leisure industry distribution chart, Brownie's Marine Group ranks #199 out of 832 companies for Receivables Turnover. This places Brownie's Marine Group in the top 24% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 14.10. Brownie's Marine Group's value of 10.55 is 25.2% 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 Travel & Leisure company?
The median Receivables Turnover among Travel & Leisure companies is 14.10, based on 832 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. Brownie's Marine Group's current Receivables Turnover of 10.55 is 25.2% 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 Brownie's Marine Group and its competitors. For the Travel & Leisure industry, the median Receivables Turnover is 14.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Brownie's Marine Group's current Receivables Turnover is 10.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brownie's Marine Group stock overvalued right now?
Based on GuruFocus' analysis, Brownie's Marine Group (BWMG) is currently considered Possible Value Trap. The stock's GF Value™ is $0.01, compared to a current price of $0.01 — trading 46% below its estimated fair value. The current Receivables Turnover is 10.55 and 25.2% below the Travel & Leisure industry median of 14.10. 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 Brownie's Marine Group (BWMG), the current Receivables Turnover is 10.55 as of Mar. 2026. 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.

Brownie's Marine Group Business Description

Address 4061 SW, 47th Avenue, Davie, FL, USA, 33314
Brownie's Marine Group Inc is a marine technology company that operates through its subsidiaries focused on portable air, underwater breathing, safety, and marine technologies. It designs, tests, manufactures and distributes recreational hookah diving, scuba and water safety products; high pressure air and industrial compressor packages, yacht-based scuba air compressor and nitrox generation systems. It develops and markets portable battery powered surface supplied air dive systems; and high-pressure tanks and redundant air systems for the military and recreational diving industries. It serves recreational, professional, safety, industrial, and government-adjacent markets. The company derives maximum revenue from Redundant Air Tank Systems.