SSMTF (Sensible Meats) Receivables Turnover: 0.00 (As of Aug. 2024)


What is Sensible Meats Receivables Turnover?

Sensible Meats SSMTF Receivables Turnover is 0.00 as of Aug. 2024.

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. Sensible Meats's Revenue for the three months ended in Aug. 2024 was $0.00 Mil. Sensible Meats's average Accounts Receivable for the three months ended in Aug. 2024 was $0.00 Mil.

Sensible Meats  (OTCPK:SSMTF) 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.

Sensible Meats Receivables Turnover Related Terms

Sensible Meats Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Sensible Meats'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.

Sensible Meats Receivables Turnover Chart

Sensible Meats Annual Data
Trend Nov21 Nov22 Nov23
Receivables Turnover
0.00 0.00 0.00

Sensible Meats Quarterly Data
Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

SSMTF vs TLCC, AJYG, RIBT: Receivables Turnover Comparison

For the Packaged Foods subindustry, Sensible Meats'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.

Sensible Meats Receivables Turnover vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sensible Meats's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Sensible Meats's Receivables Turnover falls into.


Sensible Meats Receivables Turnover Calculation

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

Sensible Meats's Receivables Turnover for the fiscal year that ended in Nov. 2023 is calculated as

Receivables Turnover (A: Nov. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (A: Nov. 2023 ) / ((Accounts Receivable (A: Nov. 2022 ) + Accounts Receivable (A: Nov. 2023 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Sensible Meats's Receivables Turnover for the quarter that ended in Aug. 2024 is calculated as

Receivables Turnover (Q: Aug. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Aug. 2024 ) / ((Accounts Receivable (Q: May. 2024 ) + Accounts Receivable (Q: Aug. 2024 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

* 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 0.00 mean?
Sensible Meats (SSMTF) has a Receivables Turnover of 0.00 as of Aug. 2024. 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 Sensible Meats and its competitors.
Is Sensible Meats' Receivables Turnover too high?
Sensible Meats' current Receivables Turnover is 0.00.
How does Sensible Meats' Receivables Turnover compare to TLCC and AJYG?
Sensible Meats' Receivables Turnover of 0.00 can be compared against companies in the Consumer Packaged Goods industry. The industry median Receivables Turnover is 9.38. 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 Consumer Packaged Goods company?
The median Receivables Turnover among Consumer Packaged Goods companies is 9.38, based on 1,936 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 Sensible Meats and its competitors. For the Consumer Packaged Goods industry, the median Receivables Turnover is 9.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sensible Meats'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 Sensible Meats stock overvalued right now?
Sensible Meats (SSMTF) has a current Receivables Turnover of 0.00. The current Receivables Turnover is 0.00. 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 Sensible Meats (SSMTF), the current Receivables Turnover is 0.00 as of Aug. 2024. 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.

Sensible Meats Business Description

Address 1450, 789 West Pender Street, Calgary, BC, CAN, V6C 1H2
Sensible Meats Inc is a plant-based food company that has designed and developed plant-based meat food alternatives and intends to distribute and sell its line of plant-based hot dogs. The company's first and primary product is a line of plant-based hotdogs.