RIBT (RiceBran Technologies) Receivables Turnover: 0.98 (As of Mar. 2024)


RIBT RiceBran Technologies RIBT
12 GF Score
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What is RiceBran Technologies Receivables Turnover?

RiceBran Technologies RIBT +100.00% 12 Receivables Turnover is 0.98 as of Mar. 2024. GuruFocus rates RIBT with a GF Score™ of 12/100.

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. RiceBran Technologies's Revenue for the three months ended in Mar. 2024 was $2.12 Mil. RiceBran Technologies's average Accounts Receivable for the three months ended in Mar. 2024 was $2.16 Mil. Hence, RiceBran Technologies's Receivables Turnover for the three months ended in Mar. 2024 was 0.98.


RiceBran Technologies  (OTCPK:RIBT) 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.


RiceBran Technologies Receivables Turnover Related Terms


RiceBran Technologies Receivables Turnover Historical Data

* Premium members only.

The historical data trend for RiceBran Technologies'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.

RiceBran Technologies Receivables Turnover Chart

RiceBran Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.57 7.99 8.95 6.80 6.94

RiceBran Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.55 1.87 1.62 2.09 0.98

RIBT vs KHC, GIS, K: Receivables Turnover Comparison

For the Packaged Foods subindustry, RiceBran Technologies'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.


RiceBran Technologies Receivables Turnover vs Consumer Packaged Goods Industry

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

* The bar in red indicates where RiceBran Technologies's Receivables Turnover falls into.


RIBT
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RiceBran Technologies RIBT
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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RiceBran Technologies Receivables Turnover Calculation

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

RiceBran Technologies's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=22.649 / ((3.703 + 2.824) / 2 )
=22.649 / 3.2635
=6.94

RiceBran Technologies's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=2.116 / ((2.824 + 1.5) / 2 )
=2.116 / 2.162
=0.98

* 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 0.98 mean?
RiceBran Technologies (RIBT) has a Receivables Turnover of 0.98 as of Mar. 2024. 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 RiceBran Technologies and its competitors.
Is RiceBran Technologies' Receivables Turnover too high?
RiceBran Technologies' current Receivables Turnover is 0.98. The Consumer Packaged Goods industry median Receivables Turnover is 9.36. RiceBran Technologies' value of 0.98 is 89.5% below this industry median. Overall, RiceBran Technologies has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does RiceBran Technologies' Receivables Turnover compare to KHC and GIS?
RiceBran Technologies' Receivables Turnover of 0.98 can be compared against companies in the Consumer Packaged Goods industry. The industry median Receivables Turnover is 9.36. RiceBran Technologies' value of 0.98 is 89.5% 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 9.36, based on 1,940 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. RiceBran Technologies's current Receivables Turnover of 0.98 is 89.5% 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 RiceBran Technologies and its competitors. For the Consumer Packaged Goods industry, the median Receivables Turnover is 9.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RiceBran Technologies's current Receivables Turnover is 0.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RiceBran Technologies stock overvalued right now?
RiceBran Technologies (RIBT) has a current Receivables Turnover of 0.98. The current Receivables Turnover is 0.98 and 89.5% below the Consumer Packaged Goods industry median of 9.36. RiceBran Technologies' overall GF Score™ is 12/100. 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 RiceBran Technologies (RIBT), the current Receivables Turnover is 0.98 as of Mar. 2024. 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.

RiceBran Technologies Business Description

Address 25420 Kuykendahl Road, Suite B300, Tomball, TX, USA, 77375
RiceBran Technologies is a specialty ingredient company focused on developing, producing, and marketing products derived from traditional and ancient small grains. It creates and produces products utilizing proprietary processes to deliver improved nutrition, ease of use, and extended shelf-life, while addressing consumer demand for all-natural, non-GMO, and organic products. Its existing and target customers are food and animal nutrition manufacturers, wholesalers, and retailers domestically and internationally. Its products includes Rice Bran and Grain Products.
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