PLNH (Planet 13 Holdings) Receivables Turnover: 24.51 (As of Mar. 2026)


PLNH Planet 13 Holdings Inc PLNH
33 GF Score
Price $0.14
GF Value $0.29
Valuation Possible Value Trap
! 7 Warning Signs
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What is Planet 13 Holdings Receivables Turnover?

Planet 13 Holdings PLNH 33 Receivables Turnover is 24.51 as of Mar. 2026. GuruFocus rates PLNH with a GF Score™ of 33/100 and a GF Value™ of $0.29 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 944 Drug Manufacturers companies, Planet 13 Holdings ranks better than 98.73% 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. Planet 13 Holdings's Revenue for the three months ended in Mar. 2026 was $21.09 Mil. Planet 13 Holdings's average Accounts Receivable for the three months ended in Mar. 2026 was $0.86 Mil. Hence, Planet 13 Holdings's Receivables Turnover for the three months ended in Mar. 2026 was 24.51.


Planet 13 Holdings  (OTCPK:PLNH) 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.


Planet 13 Holdings Receivables Turnover Related Terms


Planet 13 Holdings Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Planet 13 Holdings'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.

Planet 13 Holdings Receivables Turnover Chart

Planet 13 Holdings Annual Data
Trend Jun16 Jun17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 144.58 82.24 78.09 87.23 83.34

Planet 13 Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 18.04 16.63 14.04 18.50 24.51

PLNH vs ZTS, UTHR: Receivables Turnover Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Planet 13 Holdings'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.


Planet 13 Holdings Receivables Turnover vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Planet 13 Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Planet 13 Holdings's Receivables Turnover falls into.


PLNH
33GF Score
Planet 13 Holdings Inc PLNH
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Planet 13 Holdings Receivables Turnover Calculation

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

Planet 13 Holdings's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=103.379 / ((1.473 + 1.008) / 2 )
=103.379 / 1.2405
=83.34

Planet 13 Holdings's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=21.092 / ((1.008 + 0.713) / 2 )
=21.092 / 0.8605
=24.51

* 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 24.51 mean?
Planet 13 Holdings (PLNH) has a Receivables Turnover of 24.51 as of Mar. 2026. 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 Planet 13 Holdings and its competitors. According to the industry distribution chart, Planet 13 Holdings ranks #12 out of 944 companies in the Drug Manufacturers industry, placing it in the top 1.3%.
Is Planet 13 Holdings' Receivables Turnover too high?
Planet 13 Holdings' current Receivables Turnover is 24.51. The Drug Manufacturers industry median Receivables Turnover is 5.07. Planet 13 Holdings' value of 24.51 is 383.4% above this industry median. Based on the distribution chart, Planet 13 Holdings ranks #12 out of 944 companies in the Drug Manufacturers industry, which is in the top quartile — a strong position relative to peers. Overall, Planet 13 Holdings has a GF Score™ of 33/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Planet 13 Holdings' Receivables Turnover compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, Planet 13 Holdings ranks #12 out of 944 companies for Receivables Turnover. This places Planet 13 Holdings in the top 1% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.07. Planet 13 Holdings' value of 24.51 is 383.4% 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 Drug Manufacturers company?
The median Receivables Turnover among Drug Manufacturers companies is 5.07, based on 944 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. Planet 13 Holdings's current Receivables Turnover of 24.51 is 383.4% 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 Planet 13 Holdings and its competitors. For the Drug Manufacturers industry, the median Receivables Turnover is 5.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Planet 13 Holdings's current Receivables Turnover is 24.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Planet 13 Holdings stock overvalued right now?
Based on GuruFocus' analysis, Planet 13 Holdings (PLNH) is currently considered Possible Value Trap. The stock's GF Value™ is $0.29, compared to a current price of $0.14 — trading 53.4% below its estimated fair value. The current Receivables Turnover is 24.51 and 383.4% above the Drug Manufacturers industry median of 5.07. Planet 13 Holdings' overall GF Score™ is 33/100 with 7 warning signs to review. 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 Planet 13 Holdings (PLNH), the current Receivables Turnover is 24.51 as of Mar. 2026. 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.

Is Planet 13 Holdings (PLNH) Overvalued in 2026?

Based on GuruFocus' analysis, Planet 13 Holdings stock appears to be undervalued. The current stock price of $0.14 is trading 53.4% below its estimated GF Value™ of $0.29. GuruFocus considers Planet 13 Holdings to be Possible Value Trap.

Key valuation signals for PLNH:

  • Receivables Turnover: 24.51
  • GF Value™: $0.29 vs. price of $0.14 (53.4% below fair value)
  • GF Score™: 33/100 with 7 warning signs
  • Industry Position: 383.4% above the Drug Manufacturers median (#12 of 944)

No single metric tells the full story. See the PLNH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Planet 13 Holdings Business Description

Other Exchanges Y7Q:GermanyPLTH:Canada
Address 2548 West Desert Inn Road, Suite 100, Las Vegas, NV, USA, 89109
Planet 13 Holdings Inc a vertically integrated cultivator and provider of cannabis and cannabis-infused products in the States of Nevada and California, with retail cannabis operations in Illinois. The company owns and manufactures cannabis products under the following brands: HaHa (gummies and beverages), Dreamland (chocolates), TRENDI (vapes and concentrates), Medizin (flower, vapes, concentrates), Leaf and Vine (vapes).
33GF Score

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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.14
Price
$0.29
GF Value