MMND (Mastermind) Receivables Turnover: 1.42 (As of Sep. 2024)


What is Mastermind Receivables Turnover?

Mastermind MMND Receivables Turnover is 1.42 as of Sep. 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. Mastermind's Revenue for the three months ended in Sep. 2024 was $0.27 Mil. Mastermind's average Accounts Receivable for the three months ended in Sep. 2024 was $0.19 Mil. Hence, Mastermind's Receivables Turnover for the three months ended in Sep. 2024 was 1.42.


Mastermind  (OTCPK:MMND) 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.


Mastermind Receivables Turnover Related Terms


Mastermind Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Mastermind'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.

Mastermind Receivables Turnover Chart

Mastermind Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.42 6.26 3.81 5.64 9.18

Mastermind Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.57 0.85 3.45 3.73 1.42

MMND vs AMNNF, APP, TTD: Receivables Turnover Comparison

For the Advertising Agencies subindustry, Mastermind'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.


Mastermind Receivables Turnover vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Mastermind's Receivables Turnover distribution charts can be found below:

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



Mastermind Receivables Turnover Calculation

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

Mastermind'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 )
=4.707 / ((0.349 + 0.677) / 2 )
=4.707 / 0.513
=9.18

Mastermind's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=0.267 / ((0.219 + 0.158) / 2 )
=0.267 / 0.1885
=1.42

* 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 1.42 mean?
Mastermind (MMND) has a Receivables Turnover of 1.42 as of Sep. 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 Mastermind and its competitors.
Is Mastermind's Receivables Turnover too high?
Mastermind's current Receivables Turnover is 1.42. The Media - Diversified industry median Receivables Turnover is 5.31. Mastermind's value of 1.42 is 73.3% below this industry median.
How does Mastermind's Receivables Turnover compare to AMNNF and APP?
Mastermind's Receivables Turnover of 1.42 can be compared against companies in the Media - Diversified industry. The industry median Receivables Turnover is 5.31. Mastermind's value of 1.42 is 73.3% 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 Media - Diversified company?
The median Receivables Turnover among Media - Diversified companies is 5.31, based on 1,007 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. Mastermind's current Receivables Turnover of 1.42 is 73.3% 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 Mastermind and its competitors. For the Media - Diversified industry, the median Receivables Turnover is 5.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mastermind's current Receivables Turnover is 1.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mastermind stock overvalued right now?
Mastermind (MMND) has a current Receivables Turnover of 1.42. The current Receivables Turnover is 1.42 and 73.3% below the Media - Diversified industry median of 5.31. 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 Mastermind (MMND), the current Receivables Turnover is 1.42 as of Sep. 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.

Mastermind Business Description

Address 2221 Peachtree Road, North East, Suite D-134, Atlanta, GA, USA, 30309
Mastermind Inc is an involvement marketing service agency that designs, creates, and develops branding and marketing campaigns for large corporate clients. This involvement is achieved through multi-dimensional marketing campaigns that employ social, digital, mobile, content, influencer marketing, gamification, and promotion to drive greater sales and ROI.