SSLCF (Simply Solventless Concentrates) Receivables Turnover: 0.86 (As of Sep. 2025)


What is Simply Solventless Concentrates Receivables Turnover?

Simply Solventless Concentrates SSLCF Receivables Turnover is 0.86 as of Sep. 2025. The stock has 4 warning signs investors should review. Among 944 Drug Manufacturers companies, Simply Solventless Concentrates ranks better than 66.31% 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. Simply Solventless Concentrates's Revenue for the three months ended in Sep. 2025 was $4.59 Mil. Simply Solventless Concentrates's average Accounts Receivable for the three months ended in Sep. 2025 was $5.31 Mil. Hence, Simply Solventless Concentrates's Receivables Turnover for the three months ended in Sep. 2025 was 0.86.


Simply Solventless Concentrates  (OTCPK:SSLCF) 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.


Simply Solventless Concentrates Receivables Turnover Related Terms


Simply Solventless Concentrates Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Simply Solventless Concentrates'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.

Simply Solventless Concentrates Receivables Turnover Chart

Simply Solventless Concentrates Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Receivables Turnover
0.99 3.00 11.28 6.29

Simply Solventless Concentrates Quarterly Data
Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 2.30 2.05 1.99 1.48 0.86

SSLCF vs ZTS, UTHR: Receivables Turnover Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Simply Solventless Concentrates'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.


Simply Solventless Concentrates Receivables Turnover vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Simply Solventless Concentrates's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Simply Solventless Concentrates's Receivables Turnover falls into.



Simply Solventless Concentrates Receivables Turnover Calculation

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

Simply Solventless Concentrates's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Receivables Turnover (A: Dec. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2024 ) / ((Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count )
=9.601 / ((0.4 + 2.653) / 2 )
=9.601 / 1.5265
=6.29

Simply Solventless Concentrates's Receivables Turnover for the quarter that ended in Sep. 2025 is calculated as

Receivables Turnover (Q: Sep. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2025 ) / ((Accounts Receivable (Q: Jun. 2025 ) + Accounts Receivable (Q: Sep. 2025 )) / count )
=4.587 / ((6.574 + 4.042) / 2 )
=4.587 / 5.308
=0.86

* 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 0.86 mean?
Simply Solventless Concentrates (SSLCF) has a Receivables Turnover of 0.86 as of Sep. 2025. 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 Simply Solventless Concentrates and its competitors. According to the industry distribution chart, Simply Solventless Concentrates ranks #318 out of 944 companies in the Drug Manufacturers industry, placing it in the top 33.7%.
Is Simply Solventless Concentrates' Receivables Turnover too high?
Simply Solventless Concentrates' current Receivables Turnover is 0.86. The Drug Manufacturers industry median Receivables Turnover is 5.07. Simply Solventless Concentrates' value of 0.86 is 83% below this industry median. Based on the distribution chart, Simply Solventless Concentrates ranks #318 out of 944 companies in the Drug Manufacturers industry, which is above the industry midpoint.
How does Simply Solventless Concentrates' Receivables Turnover compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, Simply Solventless Concentrates ranks #318 out of 944 companies for Receivables Turnover. This puts Simply Solventless Concentrates in the upper half of its industry. The industry median Receivables Turnover is 5.07. Simply Solventless Concentrates' value of 0.86 is 83% 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 Drug Manufacturers company?
The median Receivables Turnover among Drug Manufacturers companies is 5.07, based on 944 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. Simply Solventless Concentrates's current Receivables Turnover of 0.86 is 83% 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 Simply Solventless Concentrates and its competitors. For the Drug Manufacturers industry, the median Receivables Turnover is 5.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Simply Solventless Concentrates's current Receivables Turnover is 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Simply Solventless Concentrates stock overvalued right now?
Simply Solventless Concentrates (SSLCF) has a current Receivables Turnover of 0.86. The current Receivables Turnover is 0.86 and 83% below the Drug Manufacturers industry median of 5.07. 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 Simply Solventless Concentrates (SSLCF), the current Receivables Turnover is 0.86 as of Sep. 2025. 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.

Simply Solventless Concentrates Business Description

Other Exchanges HASH:Canada
Address 273209 Range Road, 20, Rocky View County, Calgary, AB, CAN, T0M 0E0
Simply Solventless Concentrates Ltd is a company that provides pure, potent, terpene-rich solvent less concentrates to discerning cannabis consumers. The company serves the recreational, medical, and business-to-business cannabis markets in Canada.