GRWC (Grow Capital) Receivables Turnover: 47.90 (As of Mar. 2021)

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GRWC Grow Capital Inc GRWC
12 GF Score
Price $0.24
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What is Grow Capital Receivables Turnover?

Grow Capital GRWC +0.04% 12 Receivables Turnover is 47.90 as of Mar. 2021. GuruFocus rates GRWC with a GF Score™ of 12/100.

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. Grow Capital's Revenue for the three months ended in Mar. 2021 was $8.07 Mil. Grow Capital's average Accounts Receivable for the three months ended in Mar. 2021 was $0.17 Mil. Hence, Grow Capital's Receivables Turnover for the three months ended in Mar. 2021 was 47.90.


Grow Capital  (OTCPK:GRWC) 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.


Grow Capital Receivables Turnover Related Terms


Grow Capital Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Grow Capital'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.

Grow Capital Receivables Turnover Chart

Grow Capital Annual Data
Trend Dec11 Dec12 Dec13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 107.00 0.00 0.00 177.50 14.71

Grow Capital Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 0.96 1.23 16.11 36.54 47.90

GRWC vs MRIN, PALT, ANY: Receivables Turnover Comparison

For the Software - Application subindustry, Grow Capital'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.


Grow Capital Receivables Turnover vs Software Industry

For the Software industry and Technology sector, Grow Capital's Receivables Turnover distribution charts can be found below:

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


GRWC
12GF Score
Grow Capital Inc GRWC
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Grow Capital Receivables Turnover Calculation

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

Grow Capital's Receivables Turnover for the fiscal year that ended in Jun. 2020 is calculated as

Receivables Turnover (A: Jun. 2020 )
=Revenue / Average Accounts Receivable
=Revenue (A: Jun. 2020 ) / ((Accounts Receivable (A: Jun. 2019 ) + Accounts Receivable (A: Jun. 2020 )) / count )
=2.369 / ((0.006 + 0.316) / 2 )
=2.369 / 0.161
=14.71

Grow Capital's Receivables Turnover for the quarter that ended in Mar. 2021 is calculated as

Receivables Turnover (Q: Mar. 2021 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2021 ) / ((Accounts Receivable (Q: Dec. 2020 ) + Accounts Receivable (Q: Mar. 2021 )) / count )
=8.071 / ((0.225 + 0.112) / 2 )
=8.071 / 0.1685
=47.90

* 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 47.90 mean?
Grow Capital (GRWC) has a Receivables Turnover of 47.90 as of Mar. 2021. 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 Grow Capital and its competitors.
Is Grow Capital's Receivables Turnover too high?
Grow Capital's current Receivables Turnover is 47.90. The Software industry median Receivables Turnover is 5.72. Grow Capital's value of 47.90 is 737.4% above this industry median. Overall, Grow Capital has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Grow Capital's Receivables Turnover compare to MRIN and PALT?
Grow Capital's Receivables Turnover of 47.90 can be compared against companies in the Software industry. The industry median Receivables Turnover is 5.72. Grow Capital's value of 47.90 is 737.4% above 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 Software company?
The median Receivables Turnover among Software companies is 5.72, based on 2,777 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. Grow Capital's current Receivables Turnover of 47.90 is 737.4% above 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 Grow Capital and its competitors. For the Software industry, the median Receivables Turnover is 5.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grow Capital's current Receivables Turnover is 47.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grow Capital stock overvalued right now?
Grow Capital (GRWC) has a current Receivables Turnover of 47.90. The current Receivables Turnover is 47.90 and 737.4% above the Software industry median of 5.72. Grow Capital's overall GF Score™ is 12/100. 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 Grow Capital (GRWC), the current Receivables Turnover is 47.90 as of Mar. 2021. 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.

Grow Capital Business Description

Address 6145 South Rainbow Boulevard, Suite 105, Las Vegas, NV, USA, 89118
Grow Capital Inc is a technology solutions company focused on software, technology, and financial services business. Its operating segments includes Bombshell Technologies and corporate, and PERA. The Bombshell Technologies and corporate segment represents its proprietary software that delivers customized back-office compliance, sophisticated multi-pay commission processing, and a new client application submission system, along with digital engagement marketing services centric to financial services. The PERA segment represents its electronic appointment scheduling operations, providing leads for insurance agents to connect with retirement professionals and public employees to trusted insurance advisors. The company generates maximum revenue from the PERA segment.
12GF Score

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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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