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Good Hope (COL:GOOD.N0000) Receivables Turnover : 0.00 (As of Sep. 2023)


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What is Good Hope 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. Good Hope's Revenue for the three months ended in Sep. 2023 was රු1.85 Mil. Good Hope's average Accounts Receivable for the three months ended in Sep. 2023 was රු0.00 Mil.


Good Hope Receivables Turnover Historical Data

The historical data trend for Good Hope'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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Good Hope Receivables Turnover Chart

Good Hope Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Receivables Turnover
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Good Hope Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of Good Hope's Receivables Turnover

For the Farm Products subindustry, Good Hope'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.


Good Hope's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

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

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



Good Hope Receivables Turnover Calculation

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

Good Hope's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Receivables Turnover (A: Mar. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2023 ) / ((Accounts Receivable (A: Mar. 2022 ) + Accounts Receivable (A: Mar. 2023 )) / count )
=6.679 / ((0 + 0) / 1 )
=6.679 / 0
=N/A

Good Hope's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

Receivables Turnover (Q: Sep. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2023 ) / ((Accounts Receivable (Q: Jun. 2023 ) + Accounts Receivable (Q: Sep. 2023 )) / count )
=1.845 / ((0 + 0) / 1 )
=1.845 / 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.


Good Hope  (COL:GOOD.N0000) 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.


Good Hope Receivables Turnover Related Terms

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Good Hope (COL:GOOD.N0000) Business Description

Traded in Other Exchanges
N/A
Address
No. 61, Janadhipathi Mawatha, Colombo, LKA, 01
Good Hope PLC is an investment holding company. Its subsidiaries are mainly engaged in oil palm plantation business.

Good Hope (COL:GOOD.N0000) Headlines

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