NUMIF (Numinus Wellness) Receivables Turnover: 1.40 (As of May. 2025)


What is Numinus Wellness Receivables Turnover?

Numinus Wellness NUMIF +23.25% Receivables Turnover is 1.40 as of May. 2025. Among 657 Healthcare Providers & Services companies, Numinus Wellness ranks worse than 70.62% on this metric.

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. Numinus Wellness's Revenue for the three months ended in May. 2025 was $1.30 Mil. Numinus Wellness's average Accounts Receivable for the three months ended in May. 2025 was $0.93 Mil. Hence, Numinus Wellness's Receivables Turnover for the three months ended in May. 2025 was 1.40.


Numinus Wellness  (OTCPK:NUMIF) 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.


Numinus Wellness Receivables Turnover Related Terms


Numinus Wellness Receivables Turnover Historical Data

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The historical data trend for Numinus Wellness'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.

Numinus Wellness Receivables Turnover Chart

Numinus Wellness Annual Data
Trend Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Receivables Turnover
Get a 7-Day Free Trial 6.31 12.08 8.98 2.32 3.26

Numinus Wellness Quarterly Data
Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25
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 0.53 0.94 2.12 1.28 1.40

NUMIF vs HLYK, SYRA, GBCS: Receivables Turnover Comparison

For the Medical Care Facilities subindustry, Numinus Wellness'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.


Numinus Wellness Receivables Turnover vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Numinus Wellness's Receivables Turnover distribution charts can be found below:

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



Numinus Wellness Receivables Turnover Calculation

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

Numinus Wellness's Receivables Turnover for the fiscal year that ended in Aug. 2024 is calculated as

Receivables Turnover (A: Aug. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (A: Aug. 2024 ) / ((Accounts Receivable (A: Aug. 2023 ) + Accounts Receivable (A: Aug. 2024 )) / count )
=3.052 / ((1.315 + 0.555) / 2 )
=3.052 / 0.935
=3.26

Numinus Wellness's Receivables Turnover for the quarter that ended in May. 2025 is calculated as

Receivables Turnover (Q: May. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: May. 2025 ) / ((Accounts Receivable (Q: Feb. 2025 ) + Accounts Receivable (Q: May. 2025 )) / count )
=1.3 / ((0.839 + 1.024) / 2 )
=1.3 / 0.9315
=1.40

* 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 1.40 mean?
Numinus Wellness (NUMIF) has a Receivables Turnover of 1.40 as of May. 2025. 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 Numinus Wellness and its competitors. According to the industry distribution chart, Numinus Wellness ranks #464 out of 657 companies in the Healthcare Providers & Services industry, placing it in the top 70.6%.
Is Numinus Wellness' Receivables Turnover too high?
Numinus Wellness' current Receivables Turnover is 1.40. The Healthcare Providers & Services industry median Receivables Turnover is 7.68. Numinus Wellness' value of 1.40 is 81.8% below this industry median. Based on the distribution chart, Numinus Wellness ranks #464 out of 657 companies in the Healthcare Providers & Services industry, which is below the industry midpoint.
How does Numinus Wellness' Receivables Turnover compare to HLYK and SYRA?
According to the Healthcare Providers & Services industry distribution chart, Numinus Wellness ranks #464 out of 657 companies for Receivables Turnover. This places Numinus Wellness in the lower half of its industry. The industry median Receivables Turnover is 7.68. Numinus Wellness' value of 1.40 is 81.8% 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 Healthcare Providers & Services company?
The median Receivables Turnover among Healthcare Providers & Services companies is 7.68, based on 657 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. Numinus Wellness's current Receivables Turnover of 1.40 is 81.8% 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 Numinus Wellness and its competitors. For the Healthcare Providers & Services industry, the median Receivables Turnover is 7.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Numinus Wellness's current Receivables Turnover is 1.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Numinus Wellness stock overvalued right now?
Numinus Wellness (NUMIF) has a current Receivables Turnover of 1.40. The current Receivables Turnover is 1.40 and 81.8% below the Healthcare Providers & Services industry median of 7.68. 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 Numinus Wellness (NUMIF), the current Receivables Turnover is 1.40 as of May. 2025. 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.

Numinus Wellness Business Description

Address 801 - 33 Water Street, Vancouver, BC, CAN, V6B 1R4
Numinus Wellness Inc develops proprietary, psychedelic-centered, therapeutic products and services through its laboratory and research & development processes. The company's clinic network consists of Numinus Health, Mindspace Services, and the Neurology Center of Toronto. Its services include Ketamine-assisted psychotherapy for depression, neurological care, psychotherapy, and counseling by registered psychologists among others. The company's operating segments are; Clinical research operations, Canadian clinic network, US clinic network and Corporate. The majority of the revenue for the company is generated from US clinic network segment. Geographically, the company has its presence in United States and Canada.