SCFFF (Spot Coffee (Canada)) Receivables Turnover: 18.32 (As of Sep. 2023)


What is Spot Coffee (Canada) Receivables Turnover?

Spot Coffee (Canada) SCFFF -90.00% Receivables Turnover is 18.32 as of Sep. 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. Spot Coffee (Canada)'s Revenue for the three months ended in Sep. 2023 was $1.85 Mil. Spot Coffee (Canada)'s average Accounts Receivable for the three months ended in Sep. 2023 was $0.10 Mil. Hence, Spot Coffee (Canada)'s Receivables Turnover for the three months ended in Sep. 2023 was 18.32.

Spot Coffee (Canada)  (OTCPK:SCFFF) 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.

Spot Coffee (Canada) Receivables Turnover Related Terms

Spot Coffee (Canada) Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Spot Coffee (Canada)'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.

Spot Coffee (Canada) Receivables Turnover Chart

Spot Coffee (Canada) Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.15 41.82 25.19 16.37 6.51

Spot Coffee (Canada) Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
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 3.15 3.46 1.69 2.10 18.32

SCFFF vs MCD, SBUX, CMG: Receivables Turnover Comparison

For the Restaurants subindustry, Spot Coffee (Canada)'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.

Spot Coffee (Canada) Receivables Turnover vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Spot Coffee (Canada)'s Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Spot Coffee (Canada)'s Receivables Turnover falls into.


Spot Coffee (Canada) Receivables Turnover Calculation

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

Spot Coffee (Canada)'s Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Receivables Turnover (A: Dec. 2022 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2022 ) / ((Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count )
=5.905 / ((0.487 + 1.327) / 2 )
=5.905 / 0.907
=6.51

Spot Coffee (Canada)'s Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

Receivables Turnover (Q: Sep. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2023 ) / ((Accounts Receivable (Q: Mar. 2023 ) + Accounts Receivable (Q: Sep. 2023 )) / count )
=1.85 / ((0.11 + 0.092) / 2 )
=1.85 / 0.101
=18.32

* 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 18.32 mean?
Spot Coffee (Canada) (SCFFF) has a Receivables Turnover of 18.32 as of Sep. 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 Spot Coffee (Canada) and its competitors.
Is Spot Coffee (Canada)'s Receivables Turnover too high?
Spot Coffee (Canada)'s current Receivables Turnover is 18.32. The Restaurants industry median Receivables Turnover is 28.17. Spot Coffee (Canada)'s value of 18.32 is 35% below this industry median.
How does Spot Coffee (Canada)'s Receivables Turnover compare to MCD and SBUX?
Spot Coffee (Canada)'s Receivables Turnover of 18.32 can be compared against companies in the Restaurants industry. The industry median Receivables Turnover is 28.17. Spot Coffee (Canada)'s value of 18.32 is 35% 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 Restaurants company?
The median Receivables Turnover among Restaurants companies is 28.17, based on 353 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. Spot Coffee (Canada)'s current Receivables Turnover of 18.32 is 35% 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 Spot Coffee (Canada) and its competitors. For the Restaurants industry, the median Receivables Turnover is 28.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spot Coffee (Canada)'s current Receivables Turnover is 18.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spot Coffee (Canada) stock overvalued right now?
Spot Coffee (Canada) (SCFFF) has a current Receivables Turnover of 18.32. The current Receivables Turnover is 18.32 and 35% below the Restaurants industry median of 28.17. 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 Spot Coffee (Canada) (SCFFF), the current Receivables Turnover is 18.32 as of Sep. 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.

Spot Coffee (Canada) Business Description

Address 130 Queens Quay East, Suite 611, Toronto, ON, CAN, M5A0P6
Spot Coffee (Canada) Ltd has been designing, building and operating company-owned and franchise community cafes in the northeastern United States. SPoT's cafes provide their customers with signature made-to-order meals and award-winning micro-roasted coffee. Each SPoT cafe is distinctively designed to suit the local neighbourhood, creating a warm and friendly gathering place for the community. SPoT's commercial business focuses on the sale of roasted coffee beans to food service and grocery chains, business offices, and resellers such as universities and hospitals.