HLCO (The Healing Co) Receivables Turnover: 16.14 (As of Sep. 2023)

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What is The Healing Co Receivables Turnover?

The Healing Co HLCO -20.00% Receivables Turnover is 16.14 as of Sep. 2023.

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. The Healing Co's Revenue for the three months ended in Sep. 2023 was $3.09 Mil. The Healing Co's average Accounts Receivable for the three months ended in Sep. 2023 was $0.19 Mil. Hence, The Healing Co's Receivables Turnover for the three months ended in Sep. 2023 was 16.14.


The Healing Co  (OTCPK:HLCO) 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.


The Healing Co Receivables Turnover Related Terms


The Healing Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for The Healing Co'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.

The Healing Co Receivables Turnover Chart

The Healing Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 55.25

The Healing Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 5.73 6.96 10.08 16.14

HLCO vs NUTX, SY, OPRX: Receivables Turnover Comparison

For the Packaged Foods subindustry, The Healing Co'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.


The Healing Co Receivables Turnover vs Consumer Packaged Goods Industry

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

* The bar in red indicates where The Healing Co's Receivables Turnover falls into.



The Healing Co Receivables Turnover Calculation

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

The Healing Co's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

Receivables Turnover (A: Jun. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (A: Jun. 2023 ) / ((Accounts Receivable (A: Jun. 2022 ) + Accounts Receivable (A: Jun. 2023 )) / count )
=8.895 / ((0 + 0.161) / 1 )
=8.895 / 0.161
=55.25

The Healing Co's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

Receivables Turnover (Q: Sep. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2023 ) / ((Accounts Receivable (Q: Jun. 2023 ) + Accounts Receivable (Q: Sep. 2023 )) / count )
=3.091 / ((0.161 + 0.222) / 2 )
=3.091 / 0.1915
=16.14

* 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 16.14 mean?
The Healing Co (HLCO) has a Receivables Turnover of 16.14 as of Sep. 2023. 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 The Healing Co and its competitors.
Is The Healing Co's Receivables Turnover too high?
The Healing Co's current Receivables Turnover is 16.14. The Consumer Packaged Goods industry median Receivables Turnover is 9.36. The Healing Co's value of 16.14 is 72.4% above this industry median.
How does The Healing Co's Receivables Turnover compare to NUTX and SY?
The Healing Co's Receivables Turnover of 16.14 can be compared against companies in the Consumer Packaged Goods industry. The industry median Receivables Turnover is 9.36. The Healing Co's value of 16.14 is 72.4% 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 Consumer Packaged Goods company?
The median Receivables Turnover among Consumer Packaged Goods companies is 9.36, based on 1,943 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. The Healing Co's current Receivables Turnover of 16.14 is 72.4% 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 The Healing Co and its competitors. For the Consumer Packaged Goods industry, the median Receivables Turnover is 9.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Healing Co's current Receivables Turnover is 16.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Healing Co stock overvalued right now?
The Healing Co (HLCO) has a current Receivables Turnover of 16.14. The current Receivables Turnover is 16.14 and 72.4% above the Consumer Packaged Goods industry median of 9.36. 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 The Healing Co (HLCO), the current Receivables Turnover is 16.14 as of Sep. 2023. 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.

The Healing Co Business Description

Address 135 W 50th Street, 2nd Floor, New York, NY, USA, 10020
The Healing Co Inc is a health and wellness company that has identified the need for a change to healthcare, where conventional medicine and alternative healing can both be drawn on to provide a world of integrated healing encompassing conventional medicine and alternative medicine. The company has three operating segments which are E-commerce sales of health and wellness products, Sales of memberships to its wellness app, and Support for their licensed wellness experiences.