RJD Green (RJD Green) Receivables Turnover : 11.52 (As of Aug. 2023)

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What is RJD Green Receivables Turnover?

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. RJD Green's Revenue for the six months ended in Aug. 2023 was $5.02 Mil. RJD Green's average Accounts Receivable for the six months ended in Aug. 2023 was $0.44 Mil. Hence, RJD Green's Receivables Turnover for the six months ended in Aug. 2023 was 11.52.

RJD Green Receivables Turnover Historical Data

The historical data trend for RJD Green'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.

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RJD Green Receivables Turnover Chart

RJD Green Annual Data

Trend

Aug10

Aug11

Aug12

Aug13

Aug14

Aug15

Aug16

Aug22

Aug23

Receivables Turnover

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10.18

15.07

15.82

11.52

RJD Green Semi-Annual Data
	Aug10	Aug11	Aug12	Aug13	Aug14	Aug15	Aug16	Aug22	Aug23
Receivables Turnover	Get a 7-Day Free Trial				-	10.18	15.07	15.82	11.52

Competitive Comparison of RJD Green's Receivables Turnover

For the Conglomerates subindustry, RJD Green'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.

RJD Green's Receivables Turnover Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, RJD Green's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where RJD Green's Receivables Turnover falls into.

RJD Green Receivables Turnover Calculation

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

RJD Green's Receivables Turnover for the fiscal year that ended in Aug. 2023 is calculated as

	Receivables Turnover (A: Aug. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Aug. 2023 )	/ (	(Accounts Receivable (A: Aug. 2022 )	+	Accounts Receivable (A: Aug. 2023 ))	/	count )
=	5.019	/ (	(0.426	+	0.445)	/	2 )
=	5.019	/	0.4355
=	11.52

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

	Receivables Turnover (Q: Aug. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Aug. 2023 )	/ (	(Accounts Receivable (Q: Aug. 2022 )	+	Accounts Receivable (Q: Aug. 2023 ))	/	count )
=	5.019	/ (	(0.426	+	0.445)	/	2 )
=	5.019	/	0.4355
=	11.52

RJD Green (OTCPK:RJDG) 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.

RJD Green Receivables Turnover Related Terms

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RJD Green (RJD Green) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » RJD Green Inc (OTCPK:RJDG) » Definitions » Receivables Turnover

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Traded in Other Exchanges

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Address

5151 South Mingo Road, Suite F, Tulsa, OK, USA, 741146

Website

http://www.rjdgreen.com

RJD Green Inc a development stage company. The company is focused on acquiring and managing assets and companies. It operates in three sectors namely Green environmental, Energy and Specialty contracting services sectors.