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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. Sugarmade's Revenue for the
three
months ended in Jun. 2023 was $0.00 Mil. Sugarmade's average Accounts Receivable for the
three
months ended in Jun. 2023 was $0.07 Mil.
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.
Sugarmade Receivables Turnover Related Terms
Sugarmade Receivables Turnover Historical Data
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The historical data trend for Sugarmade'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.
SGMD vs CCRD, DHX, WFCF: Receivables Turnover Comparison
For the Paper & Paper Products subindustry, Sugarmade'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.
Sugarmade Receivables Turnover vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Sugarmade's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Sugarmade's Receivables Turnover falls into.
* 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.
Sugarmade (SGMD) has a Receivables Turnover of 0.00 as of Jun. 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 Sugarmade and its competitors.
Is Sugarmade's Receivables Turnover too high?
Sugarmade's current Receivables Turnover is 0.00. Overall, Sugarmade has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Sugarmade's Receivables Turnover compare to CCRD and DHX?
Sugarmade's Receivables Turnover of 0.00 can be compared against companies in the Forest Products industry. The industry median Receivables Turnover is 6.69. 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 Forest Products company?
The median Receivables Turnover among Forest Products companies is 6.69, based on 281 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. 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 Sugarmade and its competitors. For the Forest Products industry, the median Receivables Turnover is 6.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sugarmade's current Receivables Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sugarmade stock overvalued right now?
Sugarmade (SGMD) has a current Receivables Turnover of 0.00. The current Receivables Turnover is 0.00. Sugarmade's overall GF Score™ is 12/100. 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 Sugarmade (SGMD), the current Receivables Turnover is 0.00 as of Jun. 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.
Sugarmade Inc is engaged in the marketing and distribution of environmentally friendly non-tree-based paper products. It offers products such as double poly paper cups for cold beverages; disposable, clear, plastic cold cups, paper coffee cups, yogurt cups, ice cream cups, cup lids, cup sleeves, food containers, soup containers, plastic spoons, and many other similar products for this market sector. The company operates under through Carry Out Supplies Subsidiary brand. In addition, it is also involved in the manufacturing and distribution of products and technologies that support the legal cultivation and processing of cannabis and other agricultural products.
12GF Score
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