EACTF (Earth Alive Clean Technologies) Receivables Turnover: 1.40 (As of Mar. 2024)

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What is Earth Alive Clean Technologies Receivables Turnover?

Earth Alive Clean Technologies EACTF -99.80% Receivables Turnover is 1.40 as of Mar. 2024.

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. Earth Alive Clean Technologies's Revenue for the three months ended in Mar. 2024 was $0.96 Mil. Earth Alive Clean Technologies's average Accounts Receivable for the three months ended in Mar. 2024 was $0.69 Mil. Hence, Earth Alive Clean Technologies's Receivables Turnover for the three months ended in Mar. 2024 was 1.40.


Earth Alive Clean Technologies  (OTCPK:EACTF) 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.


Earth Alive Clean Technologies Receivables Turnover Related Terms


Earth Alive Clean Technologies Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Earth Alive Clean Technologies'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.

Earth Alive Clean Technologies Receivables Turnover Chart

Earth Alive Clean Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.32 5.03 5.66 2.90 3.53

Earth Alive Clean Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.42 1.19 0.65 0.27 1.40

EACTF vs YTENQ, CTVA, CF: Receivables Turnover Comparison

For the Agricultural Inputs subindustry, Earth Alive Clean Technologies'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.


Earth Alive Clean Technologies Receivables Turnover vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Earth Alive Clean Technologies's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Earth Alive Clean Technologies's Receivables Turnover falls into.



Earth Alive Clean Technologies Receivables Turnover Calculation

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

Earth Alive Clean Technologies's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=1.725 / ((0.69 + 0.287) / 2 )
=1.725 / 0.4885
=3.53

Earth Alive Clean Technologies's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=0.961 / ((0.287 + 1.09) / 2 )
=0.961 / 0.6885
=1.40

* 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 1.40 mean?
Earth Alive Clean Technologies (EACTF) has a Receivables Turnover of 1.40 as of Mar. 2024. 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 Earth Alive Clean Technologies and its competitors.
Is Earth Alive Clean Technologies' Receivables Turnover too high?
Earth Alive Clean Technologies' current Receivables Turnover is 1.40. The Agriculture industry median Receivables Turnover is 5.43. Earth Alive Clean Technologies' value of 1.40 is 74.2% below this industry median.
How does Earth Alive Clean Technologies' Receivables Turnover compare to YTENQ and CTVA?
Earth Alive Clean Technologies' Receivables Turnover of 1.40 can be compared against companies in the Agriculture industry. The industry median Receivables Turnover is 5.43. Earth Alive Clean Technologies' value of 1.40 is 74.2% 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 an Agriculture company?
The median Receivables Turnover among Agriculture companies is 5.43, based on 245 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. Earth Alive Clean Technologies's current Receivables Turnover of 1.40 is 74.2% 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 Earth Alive Clean Technologies and its competitors. For the Agriculture industry, the median Receivables Turnover is 5.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Earth Alive Clean Technologies's current Receivables Turnover is 1.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Earth Alive Clean Technologies stock overvalued right now?
Earth Alive Clean Technologies (EACTF) has a current Receivables Turnover of 1.40. The current Receivables Turnover is 1.40 and 74.2% below the Agriculture industry median of 5.43. 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 Earth Alive Clean Technologies (EACTF), the current Receivables Turnover is 1.40 as of Mar. 2024. 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.

Earth Alive Clean Technologies Business Description

Address 1050 Cote du Beaver Hall, Suite 1560, Montreal, QC, CAN, H2Z 1S4
Earth Alive Clean Technologies Inc is focused on formulating and manufacturing products using microbial technology. The company uses microbial technology to create products in agriculture and dust control. The company operates through two segments, Agriculture and Infrastructure & Maintenance. The Agriculture segment provides environmentally friendly products for retail and industrial usage such as fertilizers and soil amendments. The Infrastructure & Maintenance segment which derives the majority of revenue provides a biodegradable microbial product that abates dust. It has a business presence in Canada, the United States, Central and South America, Europe, and Africa.