JUVAF (Juva Life) Receivables Turnover: 6.61 (As of Mar. 2023)

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What is Juva Life Receivables Turnover?

Juva Life JUVAF -90.00% Receivables Turnover is 6.61 as of Mar. 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. Juva Life's Revenue for the three months ended in Mar. 2023 was $1.73 Mil. Juva Life's average Accounts Receivable for the three months ended in Mar. 2023 was $0.26 Mil. Hence, Juva Life's Receivables Turnover for the three months ended in Mar. 2023 was 6.61.

Juva Life  (OTCPK:JUVAF) 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.

Juva Life Receivables Turnover Related Terms

Juva Life Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Juva Life'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.

Juva Life Receivables Turnover Chart

Juva Life Annual Data
Trend Dec19 Dec20
Receivables Turnover
0.00 101.79

Juva Life Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Mar22 Jun22 Sep22 Mar23
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 35.58 9.26 7.56 6.62 6.61

JUVAF vs AVRW, UPC, EVOK: Receivables Turnover Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Juva Life'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.

Juva Life Receivables Turnover vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Juva Life's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Juva Life's Receivables Turnover falls into.


Juva Life Receivables Turnover Calculation

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

Juva Life's Receivables Turnover for the fiscal year that ended in Dec. 2020 is calculated as

Receivables Turnover (A: Dec. 2020 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2020 ) / ((Accounts Receivable (A: Dec. 2019 ) + Accounts Receivable (A: Dec. 2020 )) / count )
=0.967 / ((0.005 + 0.014) / 2 )
=0.967 / 0.0095
=101.79

Juva Life's Receivables Turnover for the quarter that ended in Mar. 2023 is calculated as

Receivables Turnover (Q: Mar. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2023 ) / ((Accounts Receivable (Q: Sep. 2022 ) + Accounts Receivable (Q: Mar. 2023 )) / count )
=1.725 / ((0.097 + 0.425) / 2 )
=1.725 / 0.261
=6.61

* 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 6.61 mean?
Juva Life (JUVAF) has a Receivables Turnover of 6.61 as of Mar. 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 Juva Life and its competitors.
Is Juva Life's Receivables Turnover too high?
Juva Life's current Receivables Turnover is 6.61. The Drug Manufacturers industry median Receivables Turnover is 5.07. Juva Life's value of 6.61 is 30.4% above this industry median.
How does Juva Life's Receivables Turnover compare to AVRW and UPC?
Juva Life's Receivables Turnover of 6.61 can be compared against companies in the Drug Manufacturers industry. The industry median Receivables Turnover is 5.07. Juva Life's value of 6.61 is 30.4% 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 Drug Manufacturers company?
The median Receivables Turnover among Drug Manufacturers companies is 5.07, based on 949 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. Juva Life's current Receivables Turnover of 6.61 is 30.4% 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 Juva Life and its competitors. For the Drug Manufacturers industry, the median Receivables Turnover is 5.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Juva Life's current Receivables Turnover is 6.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Juva Life stock overvalued right now?
Juva Life (JUVAF) has a current Receivables Turnover of 6.61. The current Receivables Turnover is 6.61 and 30.4% above the Drug Manufacturers industry median of 5.07. 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 Juva Life (JUVAF), the current Receivables Turnover is 6.61 as of Mar. 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.

Juva Life Business Description

Address 885 West Georgia Street, Suite 1400, Vancouver, BC, CAN, V6C 3E8
Juva Life Inc is a life science company with both pharmaceutical research and development and consumer facing operations in cannabis production and distribution.