Cannabist Company Holdings (STU:VW5) Receivables Turnover : 7.84 (As of Sep. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Cannabist Company Holdings 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. Cannabist Company Holdings's Revenue for the three months ended in Sep. 2024 was €103.4 Mil. Cannabist Company Holdings's average Accounts Receivable for the three months ended in Sep. 2024 was €13.2 Mil. Hence, Cannabist Company Holdings's Receivables Turnover for the three months ended in Sep. 2024 was 7.84.

Cannabist Company Holdings Receivables Turnover Historical Data

The historical data trend for Cannabist Company Holdings'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.

* Premium members only.

Cannabist Company Holdings Receivables Turnover Chart

Cannabist Company Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

148.48

41.98

36.53

37.55

39.36

Cannabist Company Holdings Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Receivables Turnover	Get a 7-Day Free Trial															6.61	6.24	9.52	10.60	7.84

Competitive Comparison of Cannabist Company Holdings's Receivables Turnover

For the Drug Manufacturers - Specialty & Generic subindustry, Cannabist Company Holdings'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.

Cannabist Company Holdings's Receivables Turnover Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Cannabist Company Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Cannabist Company Holdings's Receivables Turnover falls into.

Cannabist Company Holdings Receivables Turnover Calculation

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

Cannabist Company Holdings'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 )
=	468.887	/ (	(9.522	+	14.306)	/	2 )
=	468.887	/	11.914
=	39.36

Cannabist Company Holdings'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 )
=	103.419	/ (	(12.546	+	13.849)	/	2 )
=	103.419	/	13.1975
=	7.84

Cannabist Company Holdings (STU:VW5) 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.

Cannabist Company Holdings Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Cannabist Company Holdings's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Cannabist Company Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Cannabist Company Holdings Inc (STU:VW5) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

CBSTF:USA CBST:Canada

Address

680 Fifth Avenue, 24th Floor, New York, NY, USA, 10019

Website

https://cannabistcompany.com

Cannabist Company Holdings Inc is a cultivator, manufacturer, and provider of medical cannabis products and services. Some of its products are Vaporization Oil, Sublingual Tinctures, Lotions, Hard Pressed Tablets, and Suppositories, among others. The company markets its products under ClaraCeed, Seed & Starin, and Triple 777 brands among others.

Cannabist Company Holdings Headlines

No Headlines