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TBRIF (Therma Bright) Receivables Turnover : 0.00 (As of Jan. 2025)


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What is Therma Bright 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. Therma Bright's Revenue for the three months ended in Jan. 2025 was $0.02 Mil. Therma Bright's average Accounts Receivable for the three months ended in Jan. 2025 was $0.00 Mil.


Therma Bright Receivables Turnover Historical Data

The historical data trend for Therma Bright'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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Therma Bright Receivables Turnover Chart

Therma Bright Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.20 0.20 -

Therma Bright Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Therma Bright's Receivables Turnover

For the Medical Devices subindustry, Therma Bright'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.


Therma Bright's Receivables Turnover Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Therma Bright's Receivables Turnover falls into.


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Therma Bright Receivables Turnover Calculation

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

Therma Bright's Receivables Turnover for the fiscal year that ended in Jul. 2024 is calculated as

Receivables Turnover (A: Jul. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Jul. 2024 ) / ((Accounts Receivable (A: Jul. 2023 ) + Accounts Receivable (A: Jul. 2024 )) / count )
=0.019 / ((0 + 0) / 1 )
=0.019 / 0
=N/A

Therma Bright's Receivables Turnover for the quarter that ended in Jan. 2025 is calculated as

Receivables Turnover (Q: Jan. 2025 )
=Revenue / Average Total Inventories
=Revenue (Q: Jan. 2025 ) / ((Accounts Receivable (Q: Oct. 2024 ) + Accounts Receivable (Q: Jan. 2025 )) / count )
=0.019 / ((0 + 0) / 1 )
=0.019 / 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.


Therma Bright  (OTCPK:TBRIF) 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.


Therma Bright Receivables Turnover Related Terms

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Therma Bright Business Description

Traded in Other Exchanges
Address
345 Danforth Avenue, Toronto, ON, CAN, M4K 1N7
Therma Bright Inc is a developer and partner in a range of proprietary diagnostic and medical device technologies focused on providing consumers and medical professionals with solutions to address important medical and healthcare challenges. The Company is developing, acquiring, manufacturing and marketing proprietary healthcare and medical devices for the consumer and institutional marketplace focused on 3 key strategic areas: respiratory disease, vascular health, and consumer medical devices.

Therma Bright Headlines