CLGOF (CleanGo Innovations) Receivables Turnover: 1.60 (As of Dec. 2025)


CLGOF CleanGo Innovations Inc CLGOF
18 GF Score
Price $0.90
GF Value $0.15
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is CleanGo Innovations Receivables Turnover?

CleanGo Innovations CLGOF +0.26% 18 Receivables Turnover is 1.60 as of Dec. 2025. GuruFocus rates CLGOF with a GF Score™ of 18/100 and a GF Value™ of $0.15 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,937 Consumer Packaged Goods companies, CleanGo Innovations ranks better than 76.72% 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. CleanGo Innovations's Revenue for the three months ended in Dec. 2025 was $0.00 Mil. CleanGo Innovations's average Accounts Receivable for the three months ended in Dec. 2025 was $0.00 Mil. Hence, CleanGo Innovations's Receivables Turnover for the three months ended in Dec. 2025 was 1.60.


CleanGo Innovations  (OTCPK:CLGOF) 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.


CleanGo Innovations Receivables Turnover Related Terms


CleanGo Innovations Receivables Turnover Historical Data

* Premium members only.

The historical data trend for CleanGo Innovations'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.

CleanGo Innovations Receivables Turnover Chart

CleanGo Innovations 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 3.03 7.30 13.75 16.33 44.00

CleanGo Innovations Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 1.35 3.48 3.22 13.50 1.60

CLGOF vs PG, CL, KVUE: Receivables Turnover Comparison

For the Household & Personal Products subindustry, CleanGo Innovations'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.


CleanGo Innovations Receivables Turnover vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, CleanGo Innovations's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where CleanGo Innovations's Receivables Turnover falls into.


CLGOF
18GF Score
CleanGo Innovations Inc CLGOF
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CleanGo Innovations Receivables Turnover Calculation

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

CleanGo Innovations'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 )
=0.11 / ((0.002 + 0.003) / 2 )
=0.11 / 0.0025
=44.00

CleanGo Innovations's Receivables Turnover for the quarter that ended in Dec. 2025 is calculated as

Receivables Turnover (Q: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2025 ) / ((Accounts Receivable (Q: Sep. 2025 ) + Accounts Receivable (Q: Dec. 2025 )) / count )
=0.004 / ((0.002 + 0.003) / 2 )
=0.004 / 0.0025
=1.60

* 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 1.60 mean?
CleanGo Innovations (CLGOF) has a Receivables Turnover of 1.60 as of Dec. 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 CleanGo Innovations and its competitors. According to the industry distribution chart, CleanGo Innovations ranks #451 out of 1937 companies in the Consumer Packaged Goods industry, placing it in the top 23.3%.
Is CleanGo Innovations' Receivables Turnover too high?
CleanGo Innovations' current Receivables Turnover is 1.60. The Consumer Packaged Goods industry median Receivables Turnover is 9.38. CleanGo Innovations' value of 1.60 is 82.9% below this industry median. Based on the distribution chart, CleanGo Innovations ranks #451 out of 1937 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, CleanGo Innovations has a GF Score™ of 18/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CleanGo Innovations' Receivables Turnover compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, CleanGo Innovations ranks #451 out of 1937 companies for Receivables Turnover. This places CleanGo Innovations in the top 23% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 9.38. CleanGo Innovations' value of 1.60 is 82.9% 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 Consumer Packaged Goods company?
The median Receivables Turnover among Consumer Packaged Goods companies is 9.38, based on 1,937 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. CleanGo Innovations's current Receivables Turnover of 1.60 is 82.9% 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 CleanGo Innovations and its competitors. For the Consumer Packaged Goods industry, the median Receivables Turnover is 9.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CleanGo Innovations's current Receivables Turnover is 1.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CleanGo Innovations stock overvalued right now?
Based on GuruFocus' analysis, CleanGo Innovations (CLGOF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.15, compared to a current price of $0.90 — trading 501.5% above its estimated fair value. The current Receivables Turnover is 1.60 and 82.9% below the Consumer Packaged Goods industry median of 9.38. CleanGo Innovations' overall GF Score™ is 18/100 with 8 warning signs to review. 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 CleanGo Innovations (CLGOF), the current Receivables Turnover is 1.60 as of Dec. 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.

Is CleanGo Innovations (CLGOF) Overvalued in 2026?

Based on GuruFocus' analysis, CleanGo Innovations stock appears to be overvalued. The current stock price of $0.90 is trading 501.5% above its estimated GF Value™ of $0.15. GuruFocus considers CleanGo Innovations to be Significantly Overvalued.

Key valuation signals for CLGOF:

  • Receivables Turnover: 1.60
  • GF Value™: $0.15 vs. price of $0.90 (501.5% above fair value)
  • GF Score™: 18/100 with 8 warning signs
  • Industry Position: 82.9% below the Consumer Packaged Goods median (#451 of 1937)

No single metric tells the full story. See the CLGOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CleanGo Innovations Business Description

Other Exchanges APO:GermanyCGII:Canada
Address 789 West Pender Street, Suite 480, Vancouver, BC, CAN, V6C 1H2
CleanGo Innovations Inc principal business activity is to manufacture and sell cleaning, disinfecting and industrial solutions using a proprietary formula which is non-toxic, biodegradable and uses no harsh chemicals to provide a green cleaning, disinfecting and emulsifying solution to buyers. The Company has two reportable and operating segments which supply cleaning and disinfecting products to customers directly or through online distributers. Geographically the company has presence in Canada and USA. The company generates the majority of its revenue from Canada.
18GF Score

Get the complete analysis for CLGOF

Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.90
Price
$0.15
GF Value