MSNVF (Mission Ready Solutions) Receivables Turnover: 1.83 (As of Mar. 2023)

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MSNVF Mission Ready Solutions Inc MSNVF
12 GF Score
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What is Mission Ready Solutions Receivables Turnover?

Mission Ready Solutions MSNVF -99.89% 12 Receivables Turnover is 1.83 as of Mar. 2023. GuruFocus rates MSNVF with a GF Score™ of 12/100.

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. Mission Ready Solutions's Revenue for the three months ended in Mar. 2023 was $0.71 Mil. Mission Ready Solutions's average Accounts Receivable for the three months ended in Mar. 2023 was $0.39 Mil. Hence, Mission Ready Solutions's Receivables Turnover for the three months ended in Mar. 2023 was 1.83.


Mission Ready Solutions  (OTCPK:MSNVF) 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.


Mission Ready Solutions Receivables Turnover Related Terms


Mission Ready Solutions Receivables Turnover Historical Data

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The historical data trend for Mission Ready Solutions'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.

Mission Ready Solutions Receivables Turnover Chart

Mission Ready Solutions Annual Data
Trend Oct13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.81 10.70 21.07 20.08 3.09

Mission Ready Solutions Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 0.54 2.40 3.10 2.58 1.83

MSNVF vs BANT, RNWR, HWKE: Receivables Turnover Comparison

For the Aerospace & Defense subindustry, Mission Ready Solutions'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.


Mission Ready Solutions Receivables Turnover vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Mission Ready Solutions's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Mission Ready Solutions's Receivables Turnover falls into.


MSNVF
12GF Score
Mission Ready Solutions Inc MSNVF
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Mission Ready Solutions Receivables Turnover Calculation

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

Mission Ready Solutions's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Receivables Turnover (A: Dec. 2022 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2022 ) / ((Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count )
=4.065 / ((2.073 + 0.562) / 2 )
=4.065 / 1.3175
=3.09

Mission Ready Solutions'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: Dec. 2022 ) + Accounts Receivable (Q: Mar. 2023 )) / count )
=0.713 / ((0.562 + 0.216) / 2 )
=0.713 / 0.389
=1.83

* 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 1.83 mean?
Mission Ready Solutions (MSNVF) has a Receivables Turnover of 1.83 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 Mission Ready Solutions and its competitors.
Is Mission Ready Solutions' Receivables Turnover too high?
Mission Ready Solutions' current Receivables Turnover is 1.83. The Aerospace & Defense industry median Receivables Turnover is 5.64. Mission Ready Solutions' value of 1.83 is 67.5% below this industry median. Overall, Mission Ready Solutions has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Mission Ready Solutions' Receivables Turnover compare to BANT and RNWR?
Mission Ready Solutions' Receivables Turnover of 1.83 can be compared against companies in the Aerospace & Defense industry. The industry median Receivables Turnover is 5.64. Mission Ready Solutions' value of 1.83 is 67.5% 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 an Aerospace & Defense company?
The median Receivables Turnover among Aerospace & Defense companies is 5.64, based on 346 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. Mission Ready Solutions's current Receivables Turnover of 1.83 is 67.5% 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 Mission Ready Solutions and its competitors. For the Aerospace & Defense industry, the median Receivables Turnover is 5.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mission Ready Solutions's current Receivables Turnover is 1.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mission Ready Solutions stock overvalued right now?
Mission Ready Solutions (MSNVF) has a current Receivables Turnover of 1.83. The current Receivables Turnover is 1.83 and 67.5% below the Aerospace & Defense industry median of 5.64. Mission Ready Solutions' overall GF Score™ is 12/100. 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 Mission Ready Solutions (MSNVF), the current Receivables Turnover is 1.83 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.

Mission Ready Solutions Business Description

Address 1681 Chestnut Street, Suite 400, Vancouver, BC, CAN, V6J 4M6
Mission Ready Solutions Inc provides comprehensive government contracting solutions with extensive experience in delivering quality, reliable, mission-critical products and services for law enforcement, firefighters, first responders, the military, and other governmental agencies. Its wholly-owned subsidiary, Unifire Inc, leverages its robust vendor network, industry relationships, proprietary technology infrastructure, and manufacturing and distribution capabilities to efficiently source and deliver more than 1.5 million products. The company has two reportable business segments in the defense, security, and first-responder markets: consulting and manufacturer representation; and inspection, cleaning, and repair services of protective services gear.
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