OGAA (Organic Agricultural Co) Receivables Turnover: 1.75 (As of Dec. 2023)


What is Organic Agricultural Co Receivables Turnover?

Organic Agricultural Co OGAA Receivables Turnover is 1.75 as of Dec. 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. Organic Agricultural Co's Revenue for the three months ended in Dec. 2023 was $0.30 Mil. Organic Agricultural Co's average Accounts Receivable for the three months ended in Dec. 2023 was $0.17 Mil. Hence, Organic Agricultural Co's Receivables Turnover for the three months ended in Dec. 2023 was 1.75.

Organic Agricultural Co  (OTCPK:OGAA) 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.

Organic Agricultural Co Receivables Turnover Related Terms

Organic Agricultural Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Organic Agricultural Co'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.

Organic Agricultural Co Receivables Turnover Chart

Organic Agricultural Co Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Receivables Turnover
Get a 7-Day Free Trial 0.00 47.40 31.75 103.67 26.24

Organic Agricultural Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 9.89 4.52 23.20 60.52 1.75

OGAA vs ADM, TSN, BG: Receivables Turnover Comparison

For the Farm Products subindustry, Organic Agricultural Co'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.

Organic Agricultural Co Receivables Turnover vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Organic Agricultural Co's Receivables Turnover falls into.


Organic Agricultural Co Receivables Turnover Calculation

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

Organic Agricultural Co's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Receivables Turnover (A: Mar. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2023 ) / ((Accounts Receivable (A: Mar. 2022 ) + Accounts Receivable (A: Mar. 2023 )) / count )
=0.223 / ((0.003 + 0.014) / 2 )
=0.223 / 0.0085
=26.24

Organic Agricultural Co's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Sep. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=0.297 / ((0.026 + 0.313) / 2 )
=0.297 / 0.1695
=1.75

* 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 1.75 mean?
Organic Agricultural Co (OGAA) has a Receivables Turnover of 1.75 as of Dec. 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 Organic Agricultural Co and its competitors.
Is Organic Agricultural Co's Receivables Turnover too high?
Organic Agricultural Co's current Receivables Turnover is 1.75. The Consumer Packaged Goods industry median Receivables Turnover is 9.38. Organic Agricultural Co's value of 1.75 is 81.3% below this industry median.
How does Organic Agricultural Co's Receivables Turnover compare to ADM and TSN?
Organic Agricultural Co's Receivables Turnover of 1.75 can be compared against companies in the Consumer Packaged Goods industry. The industry median Receivables Turnover is 9.38. Organic Agricultural Co's value of 1.75 is 81.3% 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 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. Organic Agricultural Co's current Receivables Turnover of 1.75 is 81.3% 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 Organic Agricultural Co 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. Organic Agricultural Co's current Receivables Turnover is 1.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Organic Agricultural Co stock overvalued right now?
Organic Agricultural Co (OGAA) has a current Receivables Turnover of 1.75. The current Receivables Turnover is 1.75 and 81.3% below 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 Organic Agricultural Co (OGAA), the current Receivables Turnover is 1.75 as of Dec. 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.

Organic Agricultural Co Business Description

Address High and New Technology Industrial Development District, Room G504 G506 G509 G510, Building No. 3, Kejichuangxincheng Chuangxinchuangye Plaza, Heilongjiang Province, Harbin, CHN, 150090
Organic Agricultural Co Ltd is engaged in manufacturing of agricultural products, rice, coarse cereals, and other related products. The Company sells paddy and selenium-enriched paddy products, rice and other agricultural products.