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High TideHITI +3.45%68 Receivables Turnover is 21.89 as of Apr. 2026. GuruFocus rates HITI with a GF Score™ of 68/100 and a GF Value™ of $2.72 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 659 Healthcare Providers & Services companies, High Tide ranks better than 97.12% 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. High Tide's Revenue for the
three
months ended in Apr. 2026 was $130.4 Mil. High Tide's average Accounts Receivable for the
three
months ended in Apr. 2026 was $6.0 Mil.
Hence, High Tide's Receivables Turnover for the
three
months ended in Apr. 2026 was 21.89.
High Tide (NAS:HITI) 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.
High Tide Receivables Turnover Related Terms
High Tide Receivables Turnover Historical Data
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The historical data trend for High Tide'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.
High Tide Receivables Turnover Competitor Comparison
For the Pharmaceutical Retailers subindustry, High Tide'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.
High Tide Receivables Turnover vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, High Tide's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where High Tide's Receivables Turnover falls into.
* 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.
High Tide (HITI) has a Receivables Turnover of 21.89 as of Apr. 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 High Tide and its competitors. According to the industry distribution chart, High Tide ranks #19 out of 659 companies in the Healthcare Providers & Services industry, placing it in the top 2.9%.
Is High Tide's Receivables Turnover too high?
High Tide's current Receivables Turnover is 21.89. The Healthcare Providers & Services industry median Receivables Turnover is 7.96. High Tide's value of 21.89 is 175% above this industry median. Based on the distribution chart, High Tide ranks #19 out of 659 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, High Tide has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does High Tide's Receivables Turnover compare to competitors?
According to the Healthcare Providers & Services industry distribution chart, High Tide ranks #19 out of 659 companies for Receivables Turnover. This places High Tide in the top 3% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 7.96. High Tide's value of 21.89 is 175% 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 Healthcare Providers & Services company?
The median Receivables Turnover among Healthcare Providers & Services companies is 7.96, based on 659 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. High Tide's current Receivables Turnover of 21.89 is 175% 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 High Tide and its competitors. For the Healthcare Providers & Services industry, the median Receivables Turnover is 7.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. High Tide's current Receivables Turnover is 21.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is High Tide stock overvalued right now?
Based on GuruFocus' analysis, High Tide (HITI) is currently considered Modestly Undervalued. The stock's GF Value™ is $2.72, compared to a current price of $2.40 — trading 11.8% below its estimated fair value. The current Receivables Turnover is 21.89 and 175% above the Healthcare Providers & Services industry median of 7.96. High Tide's overall GF Score™ is 68/100 with 6 warning signs to review. 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 High Tide (HITI), the current Receivables Turnover is 21.89 as of Apr. 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.
Is High Tide (HITI) Overvalued in 2026?
Based on GuruFocus' analysis, High Tide stock appears to be undervalued.
The current stock price of $2.40 is trading 11.8% below its estimated GF Value™ of $2.72.
GuruFocus considers High Tide to be Modestly Undervalued.
Key valuation signals for HITI:
Receivables Turnover: 21.89
GF Value™: $2.72 vs. price of $2.40 (11.8% below fair value)
Industry Position: 175% above the Healthcare Providers & Services median (#19 of 659)
No single metric tells the full story. See the HITI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
High Tide Inc is a downstream-focused retailer of cannabis products, distributor, and seller of smoking accessories and cannabis lifestyle products. It is a vertically integrated company in the Canadian cannabis market with various brands in its portfolio such as Canna Cabana, Fastendr, Queen of Bud, Grasscity, Daily High Club, and others. The company's reportable operating segments are: Bricks and mortar, which generates maximum revenue, and E-commerce. Geographically, it derives maximum revenue from its business in Canada, followed by the United States of America, and other international markets.
68GF Score
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