PKLBF (Perk Labs) Receivables Turnover: 0.17 (As of Aug. 2023)

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What is Perk Labs Receivables Turnover?

Perk Labs PKLBF -99.00% Receivables Turnover is 0.17 as of Aug. 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. Perk Labs's Revenue for the three months ended in Aug. 2023 was $0.01 Mil. Perk Labs's average Accounts Receivable for the three months ended in Aug. 2023 was $0.04 Mil. Hence, Perk Labs's Receivables Turnover for the three months ended in Aug. 2023 was 0.17.


Perk Labs  (OTCPK:PKLBF) 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.


Perk Labs Receivables Turnover Related Terms


Perk Labs Receivables Turnover Historical Data

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The historical data trend for Perk Labs'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.

Perk Labs Receivables Turnover Chart

Perk Labs Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22
Receivables Turnover
Get a 7-Day Free Trial 32.25 0.94 2.13 0.68 1.55

Perk Labs Quarterly Data
Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23
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 0.21 1.33 0.25 1.21 0.17

PKLBF vs MSFT, ORCL, ADBE: Receivables Turnover Comparison

For the Software - Infrastructure subindustry, Perk Labs'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.


Perk Labs Receivables Turnover vs Software Industry

For the Software industry and Technology sector, Perk Labs's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Perk Labs's Receivables Turnover falls into.



Perk Labs Receivables Turnover Calculation

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

Perk Labs's Receivables Turnover for the fiscal year that ended in Nov. 2022 is calculated as

Receivables Turnover (A: Nov. 2022 )
=Revenue / Average Accounts Receivable
=Revenue (A: Nov. 2022 ) / ((Accounts Receivable (A: Nov. 2021 ) + Accounts Receivable (A: Nov. 2022 )) / count )
=0.024 / ((0.024 + 0.007) / 2 )
=0.024 / 0.0155
=1.55

Perk Labs's Receivables Turnover for the quarter that ended in Aug. 2023 is calculated as

Receivables Turnover (Q: Aug. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Aug. 2023 ) / ((Accounts Receivable (Q: May. 2023 ) + Accounts Receivable (Q: Aug. 2023 )) / count )
=0.007 / ((0.039 + 0.043) / 2 )
=0.007 / 0.041
=0.17

* 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 0.17 mean?
Perk Labs (PKLBF) has a Receivables Turnover of 0.17 as of Aug. 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 Perk Labs and its competitors.
Is Perk Labs' Receivables Turnover too high?
Perk Labs' current Receivables Turnover is 0.17. The Software industry median Receivables Turnover is 5.78. Perk Labs' value of 0.17 is 97.1% below this industry median.
How does Perk Labs' Receivables Turnover compare to MSFT and ORCL?
Perk Labs' Receivables Turnover of 0.17 can be compared against companies in the Software industry. The industry median Receivables Turnover is 5.78. Perk Labs' value of 0.17 is 97.1% 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 Software company?
The median Receivables Turnover among Software companies is 5.78, based on 2,784 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. Perk Labs's current Receivables Turnover of 0.17 is 97.1% 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 Perk Labs and its competitors. For the Software industry, the median Receivables Turnover is 5.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Perk Labs's current Receivables Turnover is 0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Perk Labs stock overvalued right now?
Perk Labs (PKLBF) has a current Receivables Turnover of 0.17. The current Receivables Turnover is 0.17 and 97.1% below the Software industry median of 5.78. 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 Perk Labs (PKLBF), the current Receivables Turnover is 0.17 as of Aug. 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.

Perk Labs Business Description

Address 997 Seymour Street, Suite 250, Pmb 955, Vancouver, BC, CAN, V6B 3M1
Perk Labs Inc operates an online ordering, payments and loyalty platform. The company offers merchants three main products: online ordering, digital dine-in and custom branded apps and distributes its products through a digital franchise business model. Perk Hero is a digital loyalty management platform that enables merchants to provide their customers with digital rewards and a more engaging and convenient customer experience.