SCAXF (Sparta Capital) Receivables Turnover: 2.60 (As of Mar. 2026)


What is Sparta Capital Receivables Turnover?

Sparta Capital SCAXF Receivables Turnover is 2.60 as of Mar. 2026. The stock has 2 warning signs investors should review. Among 3,028 Industrial Products companies, Sparta Capital ranks better than 94.82% 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. Sparta Capital's Revenue for the three months ended in Mar. 2026 was $1.96 Mil. Sparta Capital's average Accounts Receivable for the three months ended in Mar. 2026 was $0.75 Mil. Hence, Sparta Capital's Receivables Turnover for the three months ended in Mar. 2026 was 2.60.


Sparta Capital  (OTCPK:SCAXF) 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.


Sparta Capital Receivables Turnover Related Terms


Sparta Capital Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Sparta Capital'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.

Sparta Capital Receivables Turnover Chart

Sparta Capital Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.63 8.32 15.80 15.40 21.58

Sparta Capital 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 3.86 3.75 2.47 3.33 2.60

SCAXF vs RAIN, TOMZ, CLIR: Receivables Turnover Comparison

For the Pollution & Treatment Controls subindustry, Sparta Capital'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.


Sparta Capital Receivables Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sparta Capital's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Sparta Capital's Receivables Turnover falls into.



Sparta Capital Receivables Turnover Calculation

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

Sparta Capital's Receivables Turnover for the fiscal year that ended in Sep. 2025 is calculated as

Receivables Turnover (A: Sep. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Sep. 2025 ) / ((Accounts Receivable (A: Sep. 2024 ) + Accounts Receivable (A: Sep. 2025 )) / count )
=9.054 / ((0.339 + 0.5) / 2 )
=9.054 / 0.4195
=21.58

Sparta Capital'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 )
=1.958 / ((0.731 + 0.777) / 2 )
=1.958 / 0.754
=2.60

* 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 2.60 mean?
Sparta Capital (SCAXF) has a Receivables Turnover of 2.60 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 Sparta Capital and its competitors. According to the industry distribution chart, Sparta Capital ranks #157 out of 3028 companies in the Industrial Products industry, placing it in the top 5.2%.
Is Sparta Capital's Receivables Turnover too high?
Sparta Capital's current Receivables Turnover is 2.60. The Industrial Products industry median Receivables Turnover is 4.44. Sparta Capital's value of 2.60 is 41.4% below this industry median. Based on the distribution chart, Sparta Capital ranks #157 out of 3028 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers.
How does Sparta Capital's Receivables Turnover compare to RAIN and TOMZ?
According to the Industrial Products industry distribution chart, Sparta Capital ranks #157 out of 3028 companies for Receivables Turnover. This places Sparta Capital in the top 5% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 4.44. Sparta Capital's value of 2.60 is 41.4% 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 an Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.44, based on 3,028 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. Sparta Capital's current Receivables Turnover of 2.60 is 41.4% 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 Sparta Capital and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sparta Capital's current Receivables Turnover is 2.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sparta Capital stock overvalued right now?
Based on GuruFocus' analysis, Sparta Capital (SCAXF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.21, compared to a current price of $0.00 — trading 98.8% below its estimated fair value. The current Receivables Turnover is 2.60 and 41.4% below the Industrial Products industry median of 4.44. 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 Sparta Capital (SCAXF), the current Receivables Turnover is 2.60 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.

Sparta Capital Business Description

Address 390 Bay Street, Suite 1200, Toronto, ON, CAN, M5H 2Y2
Sparta Capital Ltd is a Canada-based company focused on product development, manufacturing, distribution, sales, and service across a range of complementary products. The company's reportable business segments include Electronics Recycling and Safety Products. It generates maximum revenue from the Electronics Recycling segment through Re-ECO, which recycles and refurbishes electronic waste and devices.