OGGFF (Oragin Foods) Receivables Turnover: 29.82 (As of Jul. 2022)


What is Oragin Foods Receivables Turnover?

Oragin Foods OGGFF -99.00% Receivables Turnover is 29.82 as of Jul. 2022.

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. Oragin Foods's Revenue for the three months ended in Jul. 2022 was $4.37 Mil. Oragin Foods's average Accounts Receivable for the three months ended in Jul. 2022 was $0.15 Mil. Hence, Oragin Foods's Receivables Turnover for the three months ended in Jul. 2022 was 29.82.


Oragin Foods  (OTCPK:OGGFF) 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.


Oragin Foods Receivables Turnover Related Terms


Oragin Foods Receivables Turnover Historical Data

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The historical data trend for Oragin Foods'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.

Oragin Foods Receivables Turnover Chart

Oragin Foods Annual Data
Trend Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 181.55 175.75 505.59 352.49 153.74

Oragin Foods Quarterly Data
Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22
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 47.64 49.99 47.41 24.49 29.82

OGGFF vs KHC, GIS, HRL: Receivables Turnover Comparison

For the Packaged Foods subindustry, Oragin Foods'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.


Oragin Foods Receivables Turnover vs Consumer Packaged Goods Industry

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

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



Oragin Foods Receivables Turnover Calculation

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

Oragin Foods's Receivables Turnover for the fiscal year that ended in Jan. 2022 is calculated as

Receivables Turnover (A: Jan. 2022 )
=Revenue / Average Accounts Receivable
=Revenue (A: Jan. 2022 ) / ((Accounts Receivable (A: Jan. 2021 ) + Accounts Receivable (A: Jan. 2022 )) / count )
=20.371 / ((0.13 + 0.135) / 2 )
=20.371 / 0.1325
=153.74

Oragin Foods's Receivables Turnover for the quarter that ended in Jul. 2022 is calculated as

Receivables Turnover (Q: Jul. 2022 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jul. 2022 ) / ((Accounts Receivable (Q: Apr. 2022 ) + Accounts Receivable (Q: Jul. 2022 )) / count )
=4.368 / ((0.234 + 0.059) / 2 )
=4.368 / 0.1465
=29.82

* 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 29.82 mean?
Oragin Foods (OGGFF) has a Receivables Turnover of 29.82 as of Jul. 2022. 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 Oragin Foods and its competitors.
Is Oragin Foods' Receivables Turnover too high?
Oragin Foods' current Receivables Turnover is 29.82. The Consumer Packaged Goods industry median Receivables Turnover is 9.38. Oragin Foods' value of 29.82 is 218.1% above this industry median.
How does Oragin Foods' Receivables Turnover compare to KHC and GIS?
Oragin Foods' Receivables Turnover of 29.82 can be compared against companies in the Consumer Packaged Goods industry. The industry median Receivables Turnover is 9.38. Oragin Foods' value of 29.82 is 218.1% 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. Oragin Foods's current Receivables Turnover of 29.82 is 218.1% 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 Oragin Foods 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. Oragin Foods's current Receivables Turnover is 29.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oragin Foods stock overvalued right now?
Oragin Foods (OGGFF) has a current Receivables Turnover of 29.82. The current Receivables Turnover is 29.82 and 218.1% 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 Oragin Foods (OGGFF), the current Receivables Turnover is 29.82 as of Jul. 2022. 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.

Oragin Foods Business Description

Address 579 Kerr Street, Oakville, ON, CAN, V6B 4M9
Oragin Foods Inc is a Canadian multi-pronged food company, that owns and operates canada's natural and organic food retailers, where new and innovativefood and beverage brands are developed, acquired, grown and commercialized through a Consumer-Packaged Goods (CPG) Division.