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Canna (CNCC) Receivables Turnover : 0.00 (As of Jun. 2019)


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What is Canna Receivables Turnover?

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. Canna's Revenue for the three months ended in Jun. 2019 was $0.00 Mil. Canna's average Accounts Receivable for the three months ended in Jun. 2019 was $0.00 Mil.

Canna Receivables Turnover Historical Data

The historical data trend for Canna'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.

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Canna Receivables Turnover Chart

Canna Annual Data
Trend Dec15 Dec16 Dec17 Dec18
Receivables Turnover
- - - -

Canna Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 - 4.77 22.79 - -

Competitive Comparison of Canna's Receivables Turnover

For the Software - Application subindustry, Canna'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.

Canna's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Canna's Receivables Turnover distribution charts can be found below:

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


Canna Receivables Turnover Calculation

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

Canna's Receivables Turnover for the fiscal year that ended in Dec. 2018 is calculated as

Receivables Turnover (A: Dec. 2018 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2018 ) / ((Accounts Receivable (A: Dec. 2017 ) + Accounts Receivable (A: Dec. 2018 )) / count )
=1.075 / ((0 + 0) / 1 )
=1.075 / 0
=N/A

Canna's Receivables Turnover for the quarter that ended in Jun. 2019 is calculated as

Receivables Turnover (Q: Jun. 2019 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2019 ) / ((Accounts Receivable (Q: Mar. 2019 ) + Accounts Receivable (Q: Jun. 2019 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

* 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.

Canna  (OTCPK:CNCC) 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.

Canna Receivables Turnover Related Terms

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Canna (CNCC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Canna Corp (OTCPK:CNCC) » Definitions » Receivables Turnover
Comparable Companies
MRIN ANY PALT NUKK EVOL INLX SSNT DUUO VLDI GRWC CRM XTER:SAP TSX:SHOP INTU NOW UBER TEAM ADSK XPAR:DSY WDAY
Traded in Other Exchanges
N/A
Address
20200 Dixie Highway, Suite 906, Miami, FL, USA, 33180
Website
http://www.miningpowergroup.com
Canna Corp is a holding company. The company is involved in the crypto mining business. It also plans to invest in the development of proprietary crypto mining hardware and software. The company also include the operation of data centers to provide low-cost hosting services to cryptocurrency miners from around the world.