Blender Bites (FRA:JL4) Receivables Turnover: 1.17 (As of Jul. 2024)

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FRA:JL4 Blender Bites Ltd FRA:JL4
10 GF Score
Price €0.06
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What is Blender Bites Receivables Turnover?

Blender Bites FRA:JL4 10 Receivables Turnover is 1.17 as of Jul. 2024. GuruFocus rates FRA:JL4 with a GF Score™ of 10/100.

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. Blender Bites's Revenue for the three months ended in Jul. 2024 was €1.33 Mil. Blender Bites's average Accounts Receivable for the three months ended in Jul. 2024 was €1.14 Mil. Hence, Blender Bites's Receivables Turnover for the three months ended in Jul. 2024 was 1.17.


Blender Bites  (FRA:JL4) 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.


Blender Bites Receivables Turnover Related Terms


Blender Bites Receivables Turnover Historical Data

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The historical data trend for Blender Bites'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.

Blender Bites Receivables Turnover Chart

Blender Bites Annual Data
Trend Nov14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Oct21 Oct22 Oct23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 4.04 7.20 3.39

Blender Bites Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 1.52 1.12 0.55 1.30 1.17

FRA:JL4 vs JBS, KHC, K: Receivables Turnover Comparison

For the Packaged Foods subindustry, Blender Bites'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.


Blender Bites Receivables Turnover vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Blender Bites's Receivables Turnover distribution charts can be found below:

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


FRA:JL4
10GF Score
Blender Bites Ltd FRA:JL4
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Blender Bites Receivables Turnover Calculation

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

Blender Bites's Receivables Turnover for the fiscal year that ended in Oct. 2023 is calculated as

Receivables Turnover (A: Oct. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (A: Oct. 2023 ) / ((Accounts Receivable (A: Oct. 2022 ) + Accounts Receivable (A: Oct. 2023 )) / count )
=2.306 / ((0.477 + 0.883) / 2 )
=2.306 / 0.68
=3.39

Blender Bites's Receivables Turnover for the quarter that ended in Jul. 2024 is calculated as

Receivables Turnover (Q: Jul. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jul. 2024 ) / ((Accounts Receivable (Q: Apr. 2024 ) + Accounts Receivable (Q: Jul. 2024 )) / count )
=1.33 / ((0.98 + 1.302) / 2 )
=1.33 / 1.141
=1.17

* 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 1.17 mean?
Blender Bites (FRA:JL4) has a Receivables Turnover of 1.17 as of Jul. 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 Blender Bites and its competitors.
Is Blender Bites' Receivables Turnover too high?
Blender Bites' current Receivables Turnover is 1.17. The Consumer Packaged Goods industry median Receivables Turnover is 9.34. Blender Bites' value of 1.17 is 87.5% below this industry median. Overall, Blender Bites has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Blender Bites' Receivables Turnover compare to JBS and KHC?
Blender Bites' Receivables Turnover of 1.17 can be compared against companies in the Consumer Packaged Goods industry. The industry median Receivables Turnover is 9.34. Blender Bites' value of 1.17 is 87.5% 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 Consumer Packaged Goods company?
The median Receivables Turnover among Consumer Packaged Goods companies is 9.34, based on 1,944 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. Blender Bites's current Receivables Turnover of 1.17 is 87.5% 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 Blender Bites and its competitors. For the Consumer Packaged Goods industry, the median Receivables Turnover is 9.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blender Bites's current Receivables Turnover is 1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blender Bites stock overvalued right now?
Blender Bites (FRA:JL4) has a current Receivables Turnover of 1.17. The current Receivables Turnover is 1.17 and 87.5% below the Consumer Packaged Goods industry median of 9.34. Blender Bites' overall GF Score™ is 10/100. 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 Blender Bites (FRA:JL4), the current Receivables Turnover is 1.17 as of Jul. 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.

Blender Bites Business Description

Address 1199 West Hastings Street, Suite 800, Vancouver, BC, CAN, V6E 3T5
Blender Bites Ltd is functional foods company which is focused on the manufacturing and distribution of natural and organic frozen smoothie products. The Company is operating its business in one reportable segment: the sale of functional frozen beverages.
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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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