NoHo (DRNK) Receivables Turnover: 0.09 (As of Jun. 2017)

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What is NoHo Receivables Turnover?

NoHo DRNK +100.00% Receivables Turnover is 0.09 as of Jun. 2017.

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. NoHo's Revenue for the three months ended in Jun. 2017 was $0.02 Mil. NoHo's average Accounts Receivable for the three months ended in Jun. 2017 was $0.22 Mil. Hence, NoHo's Receivables Turnover for the three months ended in Jun. 2017 was 0.09.


NoHo  (OTCPK:DRNK) 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.


NoHo Receivables Turnover Related Terms


NoHo Receivables Turnover Historical Data

* Premium members only.

The historical data trend for NoHo'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.

NoHo Receivables Turnover Chart

NoHo Annual Data
Trend Oct11 Oct12 Dec13 Dec14 Dec15 Dec16
Receivables Turnover
Get a 7-Day Free Trial 0.00 14.72 21.21 6.61 0.00

NoHo Quarterly Data
Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Jun15 Sep15 Dec15 Jun16 Dec16 Mar17 Jun17
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 0.10 0.03 0.00 0.06 0.09

DRNK vs BEVS, MOJO, LBIX: Receivables Turnover Comparison

For the Specialty Chemicals subindustry, NoHo'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.


NoHo Receivables Turnover vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, NoHo's Receivables Turnover distribution charts can be found below:

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



NoHo Receivables Turnover Calculation

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

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

Receivables Turnover (A: Dec. 2016 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2016 ) / ((Accounts Receivable (A: Dec. 2015 ) + Accounts Receivable (A: Dec. 2016 )) / count )
=0 / ((0.148 + 0.205) / 2 )
=0 / 0.1765
=N/A

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

Receivables Turnover (Q: Jun. 2017 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2017 ) / ((Accounts Receivable (Q: Mar. 2017 ) + Accounts Receivable (Q: Jun. 2017 )) / count )
=0.02 / ((0.205 + 0.243) / 2 )
=0.02 / 0.224
=0.09

* 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 0.09 mean?
NoHo (DRNK) has a Receivables Turnover of 0.09 as of Jun. 2017. 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 NoHo and its competitors.
Is NoHo's Receivables Turnover too high?
NoHo's current Receivables Turnover is 0.09. The Chemicals industry median Receivables Turnover is 5.59. NoHo's value of 0.09 is 98.4% below this industry median.
How does NoHo's Receivables Turnover compare to BEVS and MOJO?
NoHo's Receivables Turnover of 0.09 can be compared against companies in the Chemicals industry. The industry median Receivables Turnover is 5.59. NoHo's value of 0.09 is 98.4% 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 Chemicals company?
The median Receivables Turnover among Chemicals companies is 5.59, based on 1,577 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. NoHo's current Receivables Turnover of 0.09 is 98.4% 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 NoHo and its competitors. For the Chemicals industry, the median Receivables Turnover is 5.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NoHo's current Receivables Turnover is 0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NoHo stock overvalued right now?
NoHo (DRNK) has a current Receivables Turnover of 0.09. The current Receivables Turnover is 0.09 and 98.4% below the Chemicals industry median of 5.59. 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 NoHo (DRNK), the current Receivables Turnover is 0.09 as of Jun. 2017. 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.

NoHo Business Description

Address 2300 West Sahara Avenue, Suite 800, Las Vegas, NV, USA, 89102-4397
NoHo Inc along with its subsidiaries provides sustainable solutions including carbon capture projects and products that empower individuals, communities, and businesses to act against climate change and embrace eco-friendly lifestyles. Its products include Air Primer which is an Interior and Exterior eco-friendly, low-odor, Zero-VOC, high-quality primer, formulated with natural minerals that attract and neutralize air pollutants and odors, and Breathe is a non-toxic, Zero-VOC, water-based paint, infused with mineral, which attracts and neutralizes harmful air pollutants, and VOCs/Airborne chemicals, including carbon dioxide.