EGSE (Evergreen Sustainable Enterprises) Receivables Turnover: 1.72 (As of Dec. 2022)

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What is Evergreen Sustainable Enterprises Receivables Turnover?

Evergreen Sustainable Enterprises EGSE Receivables Turnover is 1.72 as of Dec. 2022.

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. Evergreen Sustainable Enterprises's Revenue for the three months ended in Dec. 2022 was $0.97 Mil. Evergreen Sustainable Enterprises's average Accounts Receivable for the three months ended in Dec. 2022 was $0.56 Mil. Hence, Evergreen Sustainable Enterprises's Receivables Turnover for the three months ended in Dec. 2022 was 1.72.


Evergreen Sustainable Enterprises  (OTCPK:EGSE) 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.


Evergreen Sustainable Enterprises Receivables Turnover Related Terms


Evergreen Sustainable Enterprises Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Evergreen Sustainable Enterprises'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.

Evergreen Sustainable Enterprises Receivables Turnover Chart

Evergreen Sustainable Enterprises Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 5.51

Evergreen Sustainable Enterprises Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 0.62 0.00 3.89 3.35 1.72

EGSE vs BBBT, UBQU, BLMS: Receivables Turnover Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Evergreen Sustainable Enterprises'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.


Evergreen Sustainable Enterprises Receivables Turnover vs Drug Manufacturers Industry

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

* The bar in red indicates where Evergreen Sustainable Enterprises's Receivables Turnover falls into.



Evergreen Sustainable Enterprises Receivables Turnover Calculation

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

Evergreen Sustainable Enterprises's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Receivables Turnover (A: Dec. 2022 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2022 ) / ((Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count )
=2.596 / ((0 + 0.471) / 1 )
=2.596 / 0.471
=5.51

Evergreen Sustainable Enterprises's Receivables Turnover for the quarter that ended in Dec. 2022 is calculated as

Receivables Turnover (Q: Dec. 2022 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2022 ) / ((Accounts Receivable (Q: Sep. 2022 ) + Accounts Receivable (Q: Dec. 2022 )) / count )
=0.969 / ((0.656 + 0.471) / 2 )
=0.969 / 0.5635
=1.72

* 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 1.72 mean?
Evergreen Sustainable Enterprises (EGSE) has a Receivables Turnover of 1.72 as of Dec. 2022. 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 Evergreen Sustainable Enterprises and its competitors.
Is Evergreen Sustainable Enterprises' Receivables Turnover too high?
Evergreen Sustainable Enterprises' current Receivables Turnover is 1.72. The Drug Manufacturers industry median Receivables Turnover is 5.07. Evergreen Sustainable Enterprises' value of 1.72 is 66.1% below this industry median.
How does Evergreen Sustainable Enterprises' Receivables Turnover compare to BBBT and UBQU?
Evergreen Sustainable Enterprises' Receivables Turnover of 1.72 can be compared against companies in the Drug Manufacturers industry. The industry median Receivables Turnover is 5.07. Evergreen Sustainable Enterprises' value of 1.72 is 66.1% 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 Drug Manufacturers company?
The median Receivables Turnover among Drug Manufacturers companies is 5.07, based on 950 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. Evergreen Sustainable Enterprises's current Receivables Turnover of 1.72 is 66.1% 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 Evergreen Sustainable Enterprises and its competitors. For the Drug Manufacturers industry, the median Receivables Turnover is 5.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Evergreen Sustainable Enterprises's current Receivables Turnover is 1.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evergreen Sustainable Enterprises stock overvalued right now?
Evergreen Sustainable Enterprises (EGSE) has a current Receivables Turnover of 1.72. The current Receivables Turnover is 1.72 and 66.1% below the Drug Manufacturers industry median of 5.07. 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 Evergreen Sustainable Enterprises (EGSE), the current Receivables Turnover is 1.72 as of Dec. 2022. 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.

Evergreen Sustainable Enterprises Business Description

Address 8533 Midway Road, Dallas, TX, USA, 75209
Evergreen Sustainable Enterprises Inc is a sustainable green energy company with a vision of developing sustainable solutions within the industry. It operates in both the Bitcoin mining industry and the hemp industry.