MNKA (Manuka) Receivables Turnover: 9.51 (As of Sep. 2023)


What is Manuka Receivables Turnover?

Manuka MNKA Receivables Turnover is 9.51 as of Sep. 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. Manuka's Revenue for the three months ended in Sep. 2023 was $0.18 Mil. Manuka's average Accounts Receivable for the three months ended in Sep. 2023 was $0.02 Mil. Hence, Manuka's Receivables Turnover for the three months ended in Sep. 2023 was 9.51.

Manuka  (OTCPK:MNKA) 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.

Manuka Receivables Turnover Related Terms

Manuka Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Manuka'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.

Manuka Receivables Turnover Chart

Manuka Annual Data
Trend
Receivables Turnover

Manuka Quarterly Data
Jun22 Sep22 Jun23 Sep23
Receivables Turnover 0.00 0.00 9.36 9.51

MNKA vs PURE, SNBH, TANH: Receivables Turnover Comparison

For the Household & Personal Products subindustry, Manuka'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.

Manuka Receivables Turnover vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Manuka's Receivables Turnover distribution charts can be found below:

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


Manuka Receivables Turnover Calculation

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

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

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

Manuka's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

Receivables Turnover (Q: Sep. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2023 ) / ((Accounts Receivable (Q: Jun. 2023 ) + Accounts Receivable (Q: Sep. 2023 )) / count )
=0.176 / ((0.022 + 0.015) / 2 )
=0.176 / 0.0185
=9.51

* 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 9.51 mean?
Manuka (MNKA) has a Receivables Turnover of 9.51 as of Sep. 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 Manuka and its competitors.
Is Manuka's Receivables Turnover too high?
Manuka's current Receivables Turnover is 9.51. The Consumer Packaged Goods industry median Receivables Turnover is 9.38. Manuka's value of 9.51 is 1.4% above this industry median.
How does Manuka's Receivables Turnover compare to PURE and SNBH?
Manuka's Receivables Turnover of 9.51 can be compared against companies in the Consumer Packaged Goods industry. The industry median Receivables Turnover is 9.38. Manuka's value of 9.51 is 1.4% 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 Consumer Packaged Goods company?
The median Receivables Turnover among Consumer Packaged Goods companies is 9.38, based on 1,936 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. Manuka's current Receivables Turnover of 9.51 is 1.4% 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 Manuka and its competitors. For the Consumer Packaged Goods industry, the median Receivables Turnover is 9.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manuka's current Receivables Turnover is 9.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manuka stock overvalued right now?
Manuka (MNKA) has a current Receivables Turnover of 9.51. The current Receivables Turnover is 9.51 and 1.4% above the Consumer Packaged Goods industry median of 9.38. 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 Manuka (MNKA), the current Receivables Turnover is 9.51 as of Sep. 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.

Manuka Business Description

Address 3 Eliezer Vardinon Street, Petach Tikva, ISR, 4959507
Manuka Inc is a beauty company that develops and distributes premium-quality skincare products, that are based on Manuka honey and bee venom. Its skincare products are manufactured in Israel by its vendor, Chic with Manuka honey ingredients. The company imports Manuka honey from its supplier in New Zealand, Waitemata Honey pursuant to the Supply Agreement. Currently, it operates only in Israel through the online platform. Its website and mobile applications currently offer six cosmetic skincare products: Face Serum with Manuka Honey and Bee Venom; Face Serum with enhanced Vitamin C; Day Cream; Night nourishing Cream; Eye Cream; and Face Cleanser Gel.