CLCFF (Christina Lake Cannabis) Receivables Turnover: 3.65 (As of Nov. 2025)


What is Christina Lake Cannabis Receivables Turnover?

Christina Lake Cannabis CLCFF -10.51% Receivables Turnover is 3.65 as of Nov. 2025. The stock has 5 warning signs investors should review. Among 943 Drug Manufacturers companies, Christina Lake Cannabis ranks better than 79% 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. Christina Lake Cannabis's Revenue for the three months ended in Nov. 2025 was $2.76 Mil. Christina Lake Cannabis's average Accounts Receivable for the three months ended in Nov. 2025 was $0.75 Mil. Hence, Christina Lake Cannabis's Receivables Turnover for the three months ended in Nov. 2025 was 3.65.


Christina Lake Cannabis  (OTCPK:CLCFF) 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.


Christina Lake Cannabis Receivables Turnover Related Terms


Christina Lake Cannabis Receivables Turnover Historical Data

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The historical data trend for Christina Lake Cannabis'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.

Christina Lake Cannabis Receivables Turnover Chart

Christina Lake Cannabis Annual Data
Trend Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Receivables Turnover
Get a 7-Day Free Trial 0.00 0.00 5.97 6.42 6.22

Christina Lake Cannabis Quarterly Data
Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 May25 Aug25 Nov25
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 1.77 2.19 2.72 1.80 3.65

CLCFF vs ZTS, UTHR: Receivables Turnover Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Christina Lake Cannabis'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.


Christina Lake Cannabis Receivables Turnover vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Christina Lake Cannabis's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Christina Lake Cannabis's Receivables Turnover falls into.



Christina Lake Cannabis Receivables Turnover Calculation

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

Christina Lake Cannabis's Receivables Turnover for the fiscal year that ended in Nov. 2023 is calculated as

Receivables Turnover (A: Nov. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (A: Nov. 2023 ) / ((Accounts Receivable (A: Nov. 2022 ) + Accounts Receivable (A: Nov. 2023 )) / count )
=8.594 / ((1.417 + 1.347) / 2 )
=8.594 / 1.382
=6.22

Christina Lake Cannabis's Receivables Turnover for the quarter that ended in Nov. 2025 is calculated as

Receivables Turnover (Q: Nov. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Nov. 2025 ) / ((Accounts Receivable (Q: Aug. 2025 ) + Accounts Receivable (Q: Nov. 2025 )) / count )
=2.756 / ((0.682 + 0.827) / 2 )
=2.756 / 0.7545
=3.65

* 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 3.65 mean?
Christina Lake Cannabis (CLCFF) has a Receivables Turnover of 3.65 as of Nov. 2025. 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 Christina Lake Cannabis and its competitors. According to the industry distribution chart, Christina Lake Cannabis ranks #198 out of 943 companies in the Drug Manufacturers industry, placing it in the top 21%.
Is Christina Lake Cannabis' Receivables Turnover too high?
Christina Lake Cannabis' current Receivables Turnover is 3.65. The Drug Manufacturers industry median Receivables Turnover is 5.07. Christina Lake Cannabis' value of 3.65 is 28% below this industry median. Based on the distribution chart, Christina Lake Cannabis ranks #198 out of 943 companies in the Drug Manufacturers industry, which is in the top quartile — a strong position relative to peers.
How does Christina Lake Cannabis' Receivables Turnover compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, Christina Lake Cannabis ranks #198 out of 943 companies for Receivables Turnover. This places Christina Lake Cannabis in the top 21% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.07. Christina Lake Cannabis' value of 3.65 is 28% 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 Drug Manufacturers company?
The median Receivables Turnover among Drug Manufacturers companies is 5.07, based on 943 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. Christina Lake Cannabis's current Receivables Turnover of 3.65 is 28% 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 Christina Lake Cannabis and its competitors. For the Drug Manufacturers industry, the median Receivables Turnover is 5.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Christina Lake Cannabis's current Receivables Turnover is 3.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Christina Lake Cannabis stock overvalued right now?
Based on GuruFocus' analysis, Christina Lake Cannabis (CLCFF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.04, compared to a current price of $0.02 — trading 52.3% below its estimated fair value. The current Receivables Turnover is 3.65 and 28% below the Drug Manufacturers industry median of 5.07. 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 Christina Lake Cannabis (CLCFF), the current Receivables Turnover is 3.65 as of Nov. 2025. 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.

Christina Lake Cannabis Business Description

Other Exchanges CLB:GermanyCLC:Canada
Address 1075 West Georgia Street, Suite 1890, Vancouver, BC, CAN, V6E 3C9
Christina Lake Cannabis Corp is a licensed producer of cannabis. The company cultivates cannabis using strains specifically developed for outdoor cultivation. It is a producer of high-quality, low-cost, sun-grown cannabis flowers, oil cannabinoids, and hemp-based extracts and derivatives, serving domestic and international markets.