CBGI (Cannabusiness Group) Receivables Turnover: 103.44 (As of Dec. 2007)


What is Cannabusiness Group Receivables Turnover?

Cannabusiness Group CBGI -90.00% Receivables Turnover is 103.44 as of Dec. 2007.

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. Cannabusiness Group's Revenue for the six months ended in Dec. 2007 was $13.60 Mil. Cannabusiness Group's average Accounts Receivable for the six months ended in Dec. 2007 was $0.13 Mil. Hence, Cannabusiness Group's Receivables Turnover for the six months ended in Dec. 2007 was 103.44.

Cannabusiness Group  (OTCPK:CBGI) 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.

Cannabusiness Group Receivables Turnover Related Terms

Cannabusiness Group Receivables Turnover Historical Data

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The historical data trend for Cannabusiness 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.

Cannabusiness Group Receivables Turnover Chart

Cannabusiness Group Annual Data
Trend Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.26 2.63 11.53 45.80 103.44

Cannabusiness Group Semi-Annual Data
Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.26 2.63 11.53 45.80 103.44

CBGI vs BIEI, BKIT, OPTI: Receivables Turnover Comparison

For the Real Estate Services subindustry, Cannabusiness 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.

Cannabusiness Group Receivables Turnover vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Cannabusiness Group's Receivables Turnover distribution charts can be found below:

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


Cannabusiness Group Receivables Turnover Calculation

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

Cannabusiness Group's Receivables Turnover for the fiscal year that ended in Dec. 2007 is calculated as

Receivables Turnover (A: Dec. 2007 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2007 ) / ((Accounts Receivable (A: Dec. 2006 ) + Accounts Receivable (A: Dec. 2007 )) / count )
=13.603 / ((0.095 + 0.168) / 2 )
=13.603 / 0.1315
=103.44

Cannabusiness Group's Receivables Turnover for the quarter that ended in Dec. 2007 is calculated as

Receivables Turnover (Q: Dec. 2007 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2007 ) / ((Accounts Receivable (Q: Dec. 2006 ) + Accounts Receivable (Q: Dec. 2007 )) / count )
=13.603 / ((0.095 + 0.168) / 2 )
=13.603 / 0.1315
=103.44

* 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 103.44 mean?
Cannabusiness Group (CBGI) has a Receivables Turnover of 103.44 as of Dec. 2007. 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 Cannabusiness Group and its competitors.
Is Cannabusiness Group's Receivables Turnover too high?
Cannabusiness Group's current Receivables Turnover is 103.44. The Real Estate industry median Receivables Turnover is 10.66. Cannabusiness Group's value of 103.44 is 870.4% above this industry median.
How does Cannabusiness Group's Receivables Turnover compare to BIEI and BKIT?
Cannabusiness Group's Receivables Turnover of 103.44 can be compared against companies in the Real Estate industry. The industry median Receivables Turnover is 10.66. Cannabusiness Group's value of 103.44 is 870.4% above 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 Real Estate company?
The median Receivables Turnover among Real Estate companies is 10.66, based on 1,666 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. Cannabusiness Group's current Receivables Turnover of 103.44 is 870.4% above 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 Cannabusiness Group and its competitors. For the Real Estate industry, the median Receivables Turnover is 10.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cannabusiness Group's current Receivables Turnover is 103.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cannabusiness Group stock overvalued right now?
Cannabusiness Group (CBGI) has a current Receivables Turnover of 103.44. The current Receivables Turnover is 103.44 and 870.4% above the Real Estate industry median of 10.66. 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 Cannabusiness Group (CBGI), the current Receivables Turnover is 103.44 as of Dec. 2007. 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.

Cannabusiness Group Business Description

Address 905 Cotting Lane, Suite 160, Vacaville, CA, USA, 95688
Cannabusiness Group Inc is engaged in real estate acquisition, leasing, and management firms whose primary focus is on zoning issues. The company acquires commercial property or land, and lease out the facilities for Agricultural, Industrial, Commercial, and Retail.