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MGLD (The Marygold) Receivables Turnover : 3.34 (As of Dec. 2024)


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What is The Marygold 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. The Marygold's Revenue for the three months ended in Dec. 2024 was $8.00 Mil. The Marygold's average Accounts Receivable for the three months ended in Dec. 2024 was $2.40 Mil. Hence, The Marygold's Receivables Turnover for the three months ended in Dec. 2024 was 3.34.


The Marygold Receivables Turnover Historical Data

The historical data trend for The Marygold'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.

* Premium members only.

The Marygold Receivables Turnover Chart

The Marygold Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.08 12.40 12.01 11.22 11.51

The Marygold Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 3.31 3.10 3.20 3.05 3.34

Competitive Comparison of The Marygold's Receivables Turnover

For the Asset Management subindustry, The Marygold'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 Marygold's Receivables Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, The Marygold's Receivables Turnover distribution charts can be found below:

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



The Marygold Receivables Turnover Calculation

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

The Marygold's Receivables Turnover for the fiscal year that ended in Jun. 2024 is calculated as

Receivables Turnover (A: Jun. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Jun. 2024 ) / ((Accounts Receivable (A: Jun. 2023 ) + Accounts Receivable (A: Jun. 2024 )) / count )
=32.836 / ((3.026 + 2.678) / 2 )
=32.836 / 2.852
=11.51

The Marygold's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

Receivables Turnover (Q: Dec. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2024 ) / ((Accounts Receivable (Q: Sep. 2024 ) + Accounts Receivable (Q: Dec. 2024 )) / count )
=8.004 / ((2.507 + 2.292) / 2 )
=8.004 / 2.3995
=3.34

* 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 Marygold  (AMEX:MGLD) 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 Marygold Receivables Turnover Related Terms

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The Marygold Business Description

Traded in Other Exchanges
N/A
Address
120 Calle Iglesia, Unit B, San Clemente, CA, USA, 92672
The Marygold Companies Inc is a holding company that intends to focus on financial services. It is currently directing its investments towards financial services and the emerging Fintech space.
Executives
Nicholas & Melinda Gerber Living Trust 10 percent owner 127 DEVIN DRIVE, MORAGA CA 94556
Carolyn M. Yu officer: Chief Legal Officer 120 CALLE IGLESIA, UNIT B, SAN CLEMENTE CA 92672
Scott Allen West officer: Chief Accounting Officer 12625 HIGH BLUFF DRIVE, SUITE 305, SAN DIEGO CA 92130
James S Alexander director C/O THE MARYGOLD COMPANIES, INC., 120 CALLE IGLESIA, UNIT B, SAN CLEMENTE CA 92672
David Wayne Neibert director, officer: Chief Executive Officer 13652 ACORN CIRCLE, VALLEY CENTER CA 92082
Kathryn D. Rooney director 2520 EYRE HALL PASS, NEW ALBANY OH 43054
Nicholas Daniel Gerber director, 10 percent owner, officer: Chief Executive Officer 127 DEVIN ROAD, MORAGA CA 94556
Kelly Anderson director C/O TOMI ENVIRONMENTAL SOLUTIONS, INC., 9454 WILSHIRE BLVD., R-1, BEVERLY HILLS CA 90212
Stuart P. Crumbaugh officer: Treasurer/CFO C/O USCF ETF TRUST, 1999 HARRISON STREET, SUITE 1530, OAKLAND CA 94612
Erin Grogan director 2721 WAWONA STREET, SAN FRANCISCO CA 94116
Joya Harris director 150 MAISON PLACE N.W., ATLANTA GA 30303
Tabatha Coffey director 1019 GLEN ROAD, FORT LEE NJ 07024
Derek Jason Mullins director C/O PINE ADVISOR SOLUTIONS, 501 S. CHERRY ST., SUITE 1090, DENVER CO 80246
Sheila Gerber 10 percent owner 5 HATAMAR ST., BINYAMINA L3 30500
Eliot Gerber 10 percent owner 5 HATAMAR ST., BINYAMINA L3 30500

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