Swiss Water Decaffeinated Coffee (Swiss Water Decaffeinated Coffee) Receivables Turnover : 1.86 (As of Mar. 2024)

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What is Swiss Water Decaffeinated Coffee 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. Swiss Water Decaffeinated Coffee's Revenue for the three months ended in Mar. 2024 was $28.6 Mil. Swiss Water Decaffeinated Coffee's average Accounts Receivable for the three months ended in Mar. 2024 was $15.4 Mil. Hence, Swiss Water Decaffeinated Coffee's Receivables Turnover for the three months ended in Mar. 2024 was 1.86.

Swiss Water Decaffeinated Coffee Receivables Turnover Historical Data

The historical data trend for Swiss Water Decaffeinated Coffee'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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Swiss Water Decaffeinated Coffee Receivables Turnover Chart

Swiss Water Decaffeinated Coffee Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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6.80

6.59

8.48

9.92

8.40

Swiss Water Decaffeinated Coffee Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															2.11	2.00	1.63	2.05	1.86

Competitive Comparison of Swiss Water Decaffeinated Coffee's Receivables Turnover

For the Packaged Foods subindustry, Swiss Water Decaffeinated Coffee'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.

Swiss Water Decaffeinated Coffee's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Swiss Water Decaffeinated Coffee's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Swiss Water Decaffeinated Coffee's Receivables Turnover falls into.

Swiss Water Decaffeinated Coffee Receivables Turnover Calculation

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

Swiss Water Decaffeinated Coffee'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 )
=	123.939	/ (	(15.261	+	14.244)	/	2 )
=	123.939	/	14.7525
=	8.40

Swiss Water Decaffeinated Coffee's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	28.613	/ (	(14.244	+	16.503)	/	2 )
=	28.613	/	15.3735
=	1.86

Swiss Water Decaffeinated Coffee (OTCPK:SWSSF) 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.

Swiss Water Decaffeinated Coffee Receivables Turnover Related Terms

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Swiss Water Decaffeinated Coffee (Swiss Water Decaffeinated Coffee) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Swiss Water Decaffeinated Coffee Inc (OTCPK:SWSSF) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

7RD:Germany SWP:Canada

Address

7750 Beedie Way, Delta, BC, CAN, V4G 0A5

Website

https://www.swisswater.com

Swiss Water Decaffeinated Coffee Inc is a specialty coffee company, that offers green coffee decaffeination, and Seaforth Supply Chain Solutions Inc provides green coffee handling and storage services. It is a premium decaffeination of green coffee in Canadian British Columbia. It employs the proprietary Swiss Water Process to decaffeinate green coffee without the use of chemicals, leveraging science-based systems and controls to produce coffee. The company's sales are generated in a single segment of decaffeination of green coffee beans. It also operates in three geographic areas - Canada, the United States, and other international markets, and the majority of revenue comes from the United States.