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Cannabiz Mobile (Cannabiz Mobile) Receivables Turnover : 0.00 (As of . 20)


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What is Cannabiz Mobile Receivables Turnover?

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. Cannabiz Mobile's Revenue for the three months ended in . 20 was $0.00 Mil. Cannabiz Mobile's average Accounts Receivable for the three months ended in . 20 was $0.00 Mil.


Cannabiz Mobile Receivables Turnover Historical Data

The historical data trend for Cannabiz Mobile'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.

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Cannabiz Mobile Receivables Turnover Chart

Cannabiz Mobile Annual Data
Trend
Receivables Turnover

Cannabiz Mobile Quarterly Data
Receivables Turnover

Competitive Comparison of Cannabiz Mobile's Receivables Turnover

For the Shell Companies subindustry, Cannabiz Mobile'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.


Cannabiz Mobile's Receivables Turnover Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Cannabiz Mobile's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Cannabiz Mobile's Receivables Turnover falls into.



Cannabiz Mobile Receivables Turnover Calculation

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

Cannabiz Mobile's Receivables Turnover for the fiscal year that ended in . 20 is calculated as

Receivables Turnover (A: . 20 )
=Revenue / Average Total Inventories
=Revenue (A: . 20 ) / ((Accounts Receivable (A: . 20 ) + Accounts Receivable (A: . 20 )) / count )
= / (( + ) / 1 )
= / 0
=N/A

Cannabiz Mobile's Receivables Turnover for the quarter that ended in . 20 is calculated as

Receivables Turnover (Q: . 20 )
=Revenue / Average Total Inventories
=Revenue (Q: . 20 ) / ((Accounts Receivable (Q: . 20 ) + Accounts Receivable (Q: . 20 )) / count )
= / (( + ) / 1 )
= / 0
=N/A

* 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.


Cannabiz Mobile  (OTCPK:LGBI) 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.


Cannabiz Mobile Receivables Turnover Related Terms

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Cannabiz Mobile (Cannabiz Mobile) Business Description

Traded in Other Exchanges
N/A
Address
3445 Lawrence Avenue, Oceanside, NY, USA, 11572
Cannabiz Mobile Inc is a mobile media and marketing company. It is engaged in servicing businesses in the medical marijuana industry. The company markets a subscription-based, in the cloud, mobile media solution to care givers, dispensaries, hydroponic, and others.

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