Demand Brands (Demand Brands) Receivables Turnover : 1.94 (As of Jun. 2017)

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What is Demand Brands 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. Demand Brands's Revenue for the three months ended in Jun. 2017 was $0.06 Mil. Demand Brands's average Accounts Receivable for the three months ended in Jun. 2017 was $0.03 Mil. Hence, Demand Brands's Receivables Turnover for the three months ended in Jun. 2017 was 1.94.

Demand Brands Receivables Turnover Historical Data

The historical data trend for Demand Brands'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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Demand Brands Receivables Turnover Chart

Demand Brands Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Receivables Turnover

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0.01

18.00

8.09

Demand Brands Quarterly Data
	Dec11	Dec12	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17
Receivables Turnover	Get a 7-Day Free Trial												2.39	1.19	1.27	1.46	1.94

Competitive Comparison of Demand Brands's Receivables Turnover

For the Drug Manufacturers - Specialty & Generic subindustry, Demand Brands'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.

Demand Brands's Receivables Turnover Distribution in the Drug Manufacturers Industry

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

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

Demand Brands Receivables Turnover Calculation

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

Demand Brands's Receivables Turnover for the fiscal year that ended in Dec. 2016 is calculated as

	Receivables Turnover (A: Dec. 2016 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2016 )	/ (	(Accounts Receivable (A: Dec. 2015 )	+	Accounts Receivable (A: Dec. 2016 ))	/	count )
=	0.186	/ (	(0.008	+	0.038)	/	2 )
=	0.186	/	0.023
=	8.09

Demand Brands's Receivables Turnover for the quarter that ended in Jun. 2017 is calculated as

	Receivables Turnover (Q: Jun. 2017 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2017 )	/ (	(Accounts Receivable (Q: Mar. 2017 )	+	Accounts Receivable (Q: Jun. 2017 ))	/	count )
=	0.06	/ (	(0.025	+	0.037)	/	2 )
=	0.06	/	0.031
=	1.94

Demand Brands (OTCPK:DMAN) 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.

Demand Brands Receivables Turnover Related Terms

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Demand Brands (Demand Brands) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Demand Brands Inc (OTCPK:DMAN) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

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Address

430 Westridge Dr, Watsonville, CA, USA, 95076

Website

https://www.dman.co

Demand Brands Inc is engaged in the business of developing opportunities in marketing, cultivating, developing and distributing cannabis and related products. The Company provides value and solutions through service contracts to cannabis businesses consisting of several, vertically integrated cannabis-related operating units including cultivation, processing, brand management as well as both wholesale and retail distribution.