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

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What is RJD Green Receivables Turnover?

RJD Green RJDG +1.89% Receivables Turnover is 11.52 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. 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  (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

RJD Green Receivables Turnover Historical Data

* Premium members only.

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.

RJD Green Receivables Turnover Chart

RJD Green Annual Data
Trend Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug22 Aug23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 0.00 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 Premium Member Only 0.00 10.18 15.07 15.82 11.52

RJDG vs TICJ, AXXA, PTEEF: Receivables Turnover Comparison

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 Receivables Turnover vs 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 Accounts Receivable
=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 Accounts Receivable
=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

* 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 11.52 mean?
RJD Green (RJDG) has a Receivables Turnover of 11.52 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 RJD Green and its competitors.
Is RJD Green's Receivables Turnover too high?
RJD Green's current Receivables Turnover is 11.52. The Conglomerates industry median Receivables Turnover is 6.31. RJD Green's value of 11.52 is 82.7% above this industry median.
How does RJD Green's Receivables Turnover compare to TICJ and AXXA?
RJD Green's Receivables Turnover of 11.52 can be compared against companies in the Conglomerates industry. The industry median Receivables Turnover is 6.31. RJD Green's value of 11.52 is 82.7% 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 Conglomerates company?
The median Receivables Turnover among Conglomerates companies is 6.31, based on 544 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. RJD Green's current Receivables Turnover of 11.52 is 82.7% 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 RJD Green and its competitors. For the Conglomerates industry, the median Receivables Turnover is 6.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RJD Green's current Receivables Turnover is 11.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RJD Green stock overvalued right now?
RJD Green (RJDG) has a current Receivables Turnover of 11.52. The current Receivables Turnover is 11.52 and 82.7% above the Conglomerates industry median of 6.31. 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 RJD Green (RJDG), the current Receivables Turnover is 11.52 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.

RJD Green Business Description

Address 5151 South Mingo Road, Suite F, Tulsa, OK, USA, 741146
RJD Green Inc a development-stage company. The company is focused on acquiring and managing assets and companies. It operates in three sectors: Services to the Healthcare sector, Green environmental services and products, Specialty construction / industrial products and services.