RYAHF (RYAH Group) Receivables Turnover: 1.14 (As of Sep. 2022)


What is RYAH Group Receivables Turnover?

RYAH Group RYAHF Receivables Turnover is 1.14 as of Sep. 2022.

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. RYAH Group's Revenue for the three months ended in Sep. 2022 was $0.01 Mil. RYAH Group's average Accounts Receivable for the three months ended in Sep. 2022 was $0.01 Mil. Hence, RYAH Group's Receivables Turnover for the three months ended in Sep. 2022 was 1.14.

RYAH Group  (OTCPK:RYAHF) 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.

RYAH Group Receivables Turnover Related Terms

RYAH Group Receivables Turnover Historical Data

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The historical data trend for RYAH Group'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.

RYAH Group Receivables Turnover Chart

RYAH Group Annual Data
Trend Dec20 Dec21
Receivables Turnover
0.00 2.43

RYAH Group Quarterly Data
Feb20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Receivables Turnover Get a 7-Day Free Trial 1.18 1.64 0.00 10.89 1.14

RYAHF vs CERN, VEEV, CHNG: Receivables Turnover Comparison

For the Health Information Services subindustry, RYAH Group'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.

RYAH Group Receivables Turnover vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, RYAH Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where RYAH Group's Receivables Turnover falls into.


RYAH Group Receivables Turnover Calculation

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

RYAH Group's Receivables Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Receivables Turnover (A: Dec. 2021 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2021 ) / ((Accounts Receivable (A: Dec. 2020 ) + Accounts Receivable (A: Dec. 2021 )) / count )
=0.168 / ((0 + 0.069) / 1 )
=0.168 / 0.069
=2.43

RYAH Group's Receivables Turnover for the quarter that ended in Sep. 2022 is calculated as

Receivables Turnover (Q: Sep. 2022 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2022 ) / ((Accounts Receivable (Q: Jun. 2022 ) + Accounts Receivable (Q: Sep. 2022 )) / count )
=0.008 / ((0.003 + 0.011) / 2 )
=0.008 / 0.007
=1.14

* 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 1.14 mean?
RYAH Group (RYAHF) has a Receivables Turnover of 1.14 as of Sep. 2022. 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 RYAH Group and its competitors.
Is RYAH Group's Receivables Turnover too high?
RYAH Group's current Receivables Turnover is 1.14. The Healthcare Providers & Services industry median Receivables Turnover is 7.70. RYAH Group's value of 1.14 is 85.2% below this industry median.
How does RYAH Group's Receivables Turnover compare to CERN and VEEV?
RYAH Group's Receivables Turnover of 1.14 can be compared against companies in the Healthcare Providers & Services industry. The industry median Receivables Turnover is 7.70. RYAH Group's value of 1.14 is 85.2% 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 Healthcare Providers & Services company?
The median Receivables Turnover among Healthcare Providers & Services companies is 7.70, based on 655 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. RYAH Group's current Receivables Turnover of 1.14 is 85.2% 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 RYAH Group and its competitors. For the Healthcare Providers & Services industry, the median Receivables Turnover is 7.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RYAH Group's current Receivables Turnover is 1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RYAH Group stock overvalued right now?
RYAH Group (RYAHF) has a current Receivables Turnover of 1.14. The current Receivables Turnover is 1.14 and 85.2% below the Healthcare Providers & Services industry median of 7.70. 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 RYAH Group (RYAHF), the current Receivables Turnover is 1.14 as of Sep. 2022. 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.

RYAH Group Business Description

Address 68 34TH STREET, SUITE B421, BROOKLYN, NY, USA, 11232
RYAH Group Inc is a data technology company in plant-based medicine. Its Artificial Intelligence platform aggregates and correlates HIPAA-compliant dosing data from seed to consumption. This helps the company to conduct predictive analyses to help doctors, researchers, and end-users create personalized dosing regimens that can accurately foresee patient outcomes. the company also provide other products which are smart inhaler system & smart patch system.