GRVE (Groove Botanicals) Receivables Turnover: 0.00 (As of Mar. 2026)

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What is Groove Botanicals Receivables Turnover?

Groove Botanicals GRVE Receivables Turnover is 0.00 as of Mar. 2026. Among 895 Oil & Gas companies, Groove Botanicals ranks worse than 111731.73% on this metric.

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. Groove Botanicals's Revenue for the three months ended in Mar. 2026 was $0.00 Mil. Groove Botanicals's average Accounts Receivable for the three months ended in Mar. 2026 was $0.00 Mil.


Groove Botanicals  (OTCPK:GRVE) 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.


Groove Botanicals Receivables Turnover Related Terms


Groove Botanicals Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Groove Botanicals'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.

Groove Botanicals Receivables Turnover Chart

Groove Botanicals Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Groove Botanicals Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 0.00 0.00

GRVE vs LEEN, SPOWF, BRLL: Receivables Turnover Comparison

For the Oil & Gas E&P subindustry, Groove Botanicals'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.


Groove Botanicals Receivables Turnover vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Groove Botanicals's Receivables Turnover distribution charts can be found below:

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



Groove Botanicals Receivables Turnover Calculation

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

Groove Botanicals's Receivables Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Receivables Turnover (A: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2026 ) / ((Accounts Receivable (A: Mar. 2025 ) + Accounts Receivable (A: Mar. 2026 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Groove Botanicals's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

* 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 0.00 mean?
Groove Botanicals (GRVE) has a Receivables Turnover of 0.00 as of Mar. 2026. 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 Groove Botanicals and its competitors. According to the industry distribution chart, Groove Botanicals ranks #999999 out of 895 companies in the Oil & Gas industry.
Is Groove Botanicals' Receivables Turnover too high?
Groove Botanicals' current Receivables Turnover is 0.00. Based on the distribution chart, Groove Botanicals ranks #999999 out of 895 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers.
How does Groove Botanicals' Receivables Turnover compare to LEEN and SPOWF?
According to the Oil & Gas industry distribution chart, Groove Botanicals ranks #999999 out of 895 companies for Receivables Turnover. This places Groove Botanicals in the lower half of its industry. The industry median Receivables Turnover is 7.98. 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 Oil & Gas company?
The median Receivables Turnover among Oil & Gas companies is 7.98, based on 895 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. 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 Groove Botanicals and its competitors. For the Oil & Gas industry, the median Receivables Turnover is 7.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Groove Botanicals's current Receivables Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Groove Botanicals stock overvalued right now?
Groove Botanicals (GRVE) has a current Receivables Turnover of 0.00. The current Receivables Turnover is 0.00. 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 Groove Botanicals (GRVE), the current Receivables Turnover is 0.00 as of Mar. 2026. 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.

Groove Botanicals Business Description

Industry EnergyOil & Gas
Address 310 Fourth Avenue South, Suite 7000, Minneapolis, MN, USA, 55415
Groove Botanicals Inc is Nevada Based corporation which engage its business development and asset acquisitions. The company also plan plan to assemble a portfolio of early-stage EV Battery Technologies developed from Universities in Norway, Sweden and Finland, and seek grants from the State of Minnesota.and the company previously engaged in oil and gas Production.