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Endexx (Endexx) Receivables Turnover : 0.27 (As of Jun. 2023)


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What is Endexx 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. Endexx's Revenue for the three months ended in Jun. 2023 was $0.12 Mil. Endexx's average Accounts Receivable for the three months ended in Jun. 2023 was $0.44 Mil. Hence, Endexx's Receivables Turnover for the three months ended in Jun. 2023 was 0.27.


Endexx Receivables Turnover Historical Data

The historical data trend for Endexx'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.

* Premium members only.

Endexx Receivables Turnover Chart

Endexx Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.01 55.50 46.94 16.28 6.89

Endexx Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 2.84 2.96 1.44 10.50 0.27

Competitive Comparison of Endexx's Receivables Turnover

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


Endexx's Receivables Turnover Distribution in the Drug Manufacturers Industry

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

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



Endexx Receivables Turnover Calculation

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

Endexx's Receivables Turnover for the fiscal year that ended in Sep. 2022 is calculated as

Receivables Turnover (A: Sep. 2022 )
=Revenue / Average Total Inventories
=Revenue (A: Sep. 2022 ) / ((Accounts Receivable (A: Sep. 2021 ) + Accounts Receivable (A: Sep. 2022 )) / count )
=2.138 / ((0.051 + 0.57) / 2 )
=2.138 / 0.3105
=6.89

Endexx's Receivables Turnover for the quarter that ended in Jun. 2023 is calculated as

Receivables Turnover (Q: Jun. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2023 ) / ((Accounts Receivable (Q: Mar. 2023 ) + Accounts Receivable (Q: Jun. 2023 )) / count )
=0.119 / ((0.425 + 0.449) / 2 )
=0.119 / 0.437
=0.27

* 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.


Endexx  (OTCPK:EDXC) 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.


Endexx Receivables Turnover Related Terms

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Endexx (Endexx) Business Description

Traded in Other Exchanges
N/A
Address
38246 North Hazelwood Circle, Cave Creek, AZ, USA, 85331
Endexx Corporation formerly known as CBD Unlimited Inc develops CBD-based products. It sells high-end, full-spectrum CBD oils, topicals, and pet products, to support the therapeutic relief of pain and inflammation for humans and pets, through its e-commerce site and other online and in-store retailers. Its product category includes Blesswell, Heritage Line, Topicals, Ingestibles, Maggie's Line, X-Line and Pets.