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Cannabix Technologies (STU:8CT) Receivables Turnover : 0.00 (As of Oct. 2024)


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What is Cannabix Technologies 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. Cannabix Technologies's Revenue for the three months ended in Oct. 2024 was €0.00 Mil. Cannabix Technologies's average Accounts Receivable for the three months ended in Oct. 2024 was €0.02 Mil.


Cannabix Technologies Receivables Turnover Historical Data

The historical data trend for Cannabix Technologies'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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Cannabix Technologies Receivables Turnover Chart

Cannabix Technologies Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Receivables Turnover
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Cannabix Technologies Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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Competitive Comparison of Cannabix Technologies's Receivables Turnover

For the Medical Devices subindustry, Cannabix Technologies'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.


Cannabix Technologies's Receivables Turnover Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Cannabix Technologies's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Cannabix Technologies's Receivables Turnover falls into.



Cannabix Technologies Receivables Turnover Calculation

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

Cannabix Technologies's Receivables Turnover for the fiscal year that ended in Apr. 2024 is calculated as

Receivables Turnover (A: Apr. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Apr. 2024 ) / ((Accounts Receivable (A: Apr. 2023 ) + Accounts Receivable (A: Apr. 2024 )) / count )
=0 / ((0.033 + 0.033) / 2 )
=0 / 0.033
=N/A

Cannabix Technologies's Receivables Turnover for the quarter that ended in Oct. 2024 is calculated as

Receivables Turnover (Q: Oct. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Oct. 2024 ) / ((Accounts Receivable (Q: Jul. 2024 ) + Accounts Receivable (Q: Oct. 2024 )) / count )
=0 / ((0.024 + 0.013) / 2 )
=0 / 0.0185
=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.


Cannabix Technologies  (STU:8CT) 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.


Cannabix Technologies Receivables Turnover Related Terms

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Cannabix Technologies Business Description

Traded in Other Exchanges
Address
3292 Production Way, Suite 501, Burnaby, BC, CAN, V5A 4R4
Cannabix Technologies Inc development of the Cannabix marijuana breathalyzer. It is a developer of marijuana and alcohol breathalyzer technologies for law enforcement, workplaces, and laboratories. Its technology includes the THC Breathalyzer System, Breath Logix Alcohol Breathalyzer, and Breath Logix Vehicle.

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