SGTM (Sustainable Green Team) Receivables Turnover : 0.11 (As of Sep. 2024)

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What is Sustainable Green Team Receivables Turnover?

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. Sustainable Green Team's Revenue for the three months ended in Sep. 2024 was $1.08 Mil. Sustainable Green Team's average Accounts Receivable for the three months ended in Sep. 2024 was $9.41 Mil. Hence, Sustainable Green Team's Receivables Turnover for the three months ended in Sep. 2024 was 0.11.

Sustainable Green Team Receivables Turnover Historical Data

The historical data trend for Sustainable Green Team'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.

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Sustainable Green Team Receivables Turnover Chart

Sustainable Green Team Annual Data

Trend

Dec21

Dec22

Dec23

Receivables Turnover

12.57

14.28

5.33

Sustainable Green Team Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Receivables Turnover	Get a 7-Day Free Trial							1.84	0.43	0.07	0.16	0.11

Competitive Comparison of Sustainable Green Team's Receivables Turnover

For the Agricultural Inputs subindustry, Sustainable Green Team'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.

Sustainable Green Team's Receivables Turnover Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Sustainable Green Team's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Sustainable Green Team's Receivables Turnover falls into.

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Sustainable Green Team Receivables Turnover Calculation

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

Sustainable Green Team's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	29.6	/ (	(2.436	+	8.663)	/	2 )
=	29.6	/	5.5495
=	5.33

Sustainable Green Team's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

	Receivables Turnover (Q: Sep. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2024 )	/ (	(Accounts Receivable (Q: Jun. 2024 )	+	Accounts Receivable (Q: Sep. 2024 ))	/	count )
=	1.082	/ (	(9.378	+	9.449)	/	2 )
=	1.082	/	9.4135
=	0.11

Sustainable Green Team (OTCPK:SGTM) 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.

Sustainable Green Team Receivables Turnover Related Terms

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Sustainable Green Team Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Sustainable Green Team Ltd (OTCPK:SGTM) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

24200 County RD 561, Astatula, FL, USA, 34705

Website

https://www.thesustainablegreenteam.com

Sustainable Green Team Ltd is a technology company in climate reversing technologies, a provider of sustainable solutions to improve environmental health, promote sustainable practices, and deliver eco-friendly products and services. It offers solutions for managing odors in various industries, including wastewater treatment plants and waste management facilities. The company's revenues are derived from four primary types of products and services to clients: sales of catalyst concentrate for conversion of organic waste into soil regeneration products, sale of soil products (including Humisoil, XLR8 Bio, and other related products), landscape recovery services and the manufacturing and sale of landscape mulch.