MVRK (Maverick Lifestyle) Receivables Turnover: 4.69 (As of Sep. 2024)


What is Maverick Lifestyle Receivables Turnover?

Maverick Lifestyle MVRK Receivables Turnover is 4.69 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. Maverick Lifestyle's Revenue for the three months ended in Sep. 2024 was $0.84 Mil. Maverick Lifestyle's average Accounts Receivable for the three months ended in Sep. 2024 was $0.18 Mil. Hence, Maverick Lifestyle's Receivables Turnover for the three months ended in Sep. 2024 was 4.69.


Maverick Lifestyle  (NAS:MVRK) 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.


Maverick Lifestyle Receivables Turnover Related Terms


Maverick Lifestyle Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Maverick Lifestyle'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.

Maverick Lifestyle Receivables Turnover Chart

Maverick Lifestyle Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Receivables Turnover
0.00 15.41 23.94 26.09

Maverick Lifestyle Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Sep24
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 3.51 3.86 5.20 0.00 4.69

MVRK vs : Receivables Turnover Comparison

For the Tobacco subindustry, Maverick Lifestyle'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.


Maverick Lifestyle Receivables Turnover vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Maverick Lifestyle's Receivables Turnover distribution charts can be found below:

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



Maverick Lifestyle Receivables Turnover Calculation

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

Maverick Lifestyle's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=2.126 / ((0.119 + 0.044) / 2 )
=2.126 / 0.0815
=26.09

Maverick Lifestyle'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 )
=0.844 / ((0.159 + 0.201) / 2 )
=0.844 / 0.18
=4.69

* 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 4.69 mean?
Maverick Lifestyle (MVRK) has a Receivables Turnover of 4.69 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 Maverick Lifestyle and its competitors.
Is Maverick Lifestyle's Receivables Turnover too high?
Maverick Lifestyle's current Receivables Turnover is 4.69. The Tobacco Products industry median Receivables Turnover is 10.06. Maverick Lifestyle's value of 4.69 is 53.4% below this industry median.
How does Maverick Lifestyle's Receivables Turnover compare to ?
Maverick Lifestyle's Receivables Turnover of 4.69 can be compared against companies in the Tobacco Products industry. The industry median Receivables Turnover is 10.06. Maverick Lifestyle's value of 4.69 is 53.4% 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 Tobacco Products company?
The median Receivables Turnover among Tobacco Products companies is 10.06, based on 47 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. Maverick Lifestyle's current Receivables Turnover of 4.69 is 53.4% 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 Maverick Lifestyle and its competitors. For the Tobacco Products industry, the median Receivables Turnover is 10.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maverick Lifestyle's current Receivables Turnover is 4.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maverick Lifestyle stock overvalued right now?
Maverick Lifestyle (MVRK) has a current Receivables Turnover of 4.69. The current Receivables Turnover is 4.69 and 53.4% below the Tobacco Products industry median of 10.06. 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 Maverick Lifestyle (MVRK), the current Receivables Turnover is 4.69 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.

Maverick Lifestyle Business Description

Comparable Companies
Address 7427 NC Highway 58 South, Stantonsburg, NC, USA, 27883
Maverick Lifestyle Inc is a Hemp Canna-Infused Products Company primarily engaged in the manufacturing, branding, marketing, distribution and sales of products infused with hemp-derived cannabinoids (including but not limited to delta-8-THC, delta-9-THC, delta-10-THC, HHC, CBD, CBG and CBN) such as pre-rolled hemp joints and hemp cigarettes, hemp cigarillos, blunts, disposable live resin vapes, gummies and unique edibles. It is also engaged in the development of high speed rolling manufacturing technology specifically designed for the hemp and cannabis industry, such as converting high speed tobacco rolling machines to roll stickier products such as delta-8-THC, HHC infused hemp, packing machines to automatically package rolled products into consumer packaging ready for the shelf.