JEWL (Adamas One) Receivables Turnover: 12.00 (As of Jun. 2024)

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What is Adamas One Receivables Turnover?

Adamas One JEWL Receivables Turnover is 12.00 as of Jun. 2024.

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. Adamas One's Revenue for the three months ended in Jun. 2024 was $0.18 Mil. Adamas One's average Accounts Receivable for the three months ended in Jun. 2024 was $0.02 Mil. Hence, Adamas One's Receivables Turnover for the three months ended in Jun. 2024 was 12.00.


Adamas One  (OTCPK:JEWL) 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.


Adamas One Receivables Turnover Related Terms


Adamas One Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Adamas One'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.

Adamas One Receivables Turnover Chart

Adamas One Annual Data
Trend Sep20 Sep21 Sep22 Sep23
Receivables Turnover
0.00 0.00 1.40 1.49

Adamas One Quarterly Data
Sep20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.33 0.00 5.00 0.96 12.00

JEWL vs BRGO, SSOK, TPR: Receivables Turnover Comparison

For the Luxury Goods subindustry, Adamas One'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.


Adamas One Receivables Turnover vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Adamas One's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Adamas One's Receivables Turnover falls into.



Adamas One Receivables Turnover Calculation

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

Adamas One's Receivables Turnover for the fiscal year that ended in Sep. 2023 is calculated as

Receivables Turnover (A: Sep. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (A: Sep. 2023 ) / ((Accounts Receivable (A: Sep. 2022 ) + Accounts Receivable (A: Sep. 2023 )) / count )
=1.008 / ((1.277 + 0.08) / 2 )
=1.008 / 0.6785
=1.49

Adamas One's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

Receivables Turnover (Q: Jun. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2024 ) / ((Accounts Receivable (Q: Mar. 2024 ) + Accounts Receivable (Q: Jun. 2024 )) / count )
=0.18 / ((0.015 + 0.015) / 2 )
=0.18 / 0.015
=12.00

* 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 12.00 mean?
Adamas One (JEWL) has a Receivables Turnover of 12.00 as of Jun. 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 Adamas One and its competitors.
Is Adamas One's Receivables Turnover too high?
Adamas One's current Receivables Turnover is 12.00. The Retail - Cyclical industry median Receivables Turnover is 19.44. Adamas One's value of 12.00 is 38.3% below this industry median.
How does Adamas One's Receivables Turnover compare to BRGO and SSOK?
Adamas One's Receivables Turnover of 12.00 can be compared against companies in the Retail - Cyclical industry. The industry median Receivables Turnover is 19.44. Adamas One's value of 12.00 is 38.3% 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 Retail - Cyclical company?
The median Receivables Turnover among Retail - Cyclical companies is 19.44, based on 1,104 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. Adamas One's current Receivables Turnover of 12.00 is 38.3% 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 Adamas One and its competitors. For the Retail - Cyclical industry, the median Receivables Turnover is 19.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adamas One's current Receivables Turnover is 12.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adamas One stock overvalued right now?
Adamas One (JEWL) has a current Receivables Turnover of 12.00. The current Receivables Turnover is 12.00 and 38.3% below the Retail - Cyclical industry median of 19.44. 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 Adamas One (JEWL), the current Receivables Turnover is 12.00 as of Jun. 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.

Adamas One Business Description

Address 17767 N. Perimeter Drive, Suite B115, Scottsdale, AZ, USA, 85255
Adamas One Corp is a high-tech diamond company that uses its proprietary technology to produce high-quality, single-crystal diamonds and diamond materials through a CVD process, which it refers to as Diamond Technology. It operates as a Lab-Grown Diamond manufacturer that produces single-crystal diamonds for gemstone and industrial applications. The company produces chemical vapor deposition (CVD) gem-sized Lab-Grown Diamond crystals using processes pioneered by Apollo Diamond. The company's controlled manufacturing processes enable it to produce High-Quality, High Purity, High Volume, single-crystal colorless, near-colorless, and fancy-colored diamonds to suit a variety of industrial and gemstone applications.