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. TAAT Global Alternatives's Revenue for the
three
months ended in Jul. 2024 was $17.61 Mil. TAAT Global Alternatives's average Accounts Receivable for the
three
months ended in Jul. 2024 was $3.53 Mil.
Hence, TAAT Global Alternatives's Receivables Turnover for the
three
months ended in Jul. 2024 was 4.99.
TAAT Global Alternatives (OTCPK:TOBAF) 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.
TAAT Global Alternatives Receivables Turnover Related Terms
TAAT Global Alternatives Receivables Turnover Historical Data
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The historical data trend for TAAT Global Alternatives'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.
TAAT Global Alternatives Receivables Turnover Chart
TOBAF vs VPRB, XXII, CBDW: Receivables Turnover Comparison
For the Tobacco subindustry, TAAT Global Alternatives'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.
TAAT Global Alternatives Receivables Turnover vs Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, TAAT Global Alternatives's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where TAAT Global Alternatives's Receivables Turnover falls into.
* 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.
TAAT Global Alternatives (TOBAF) has a Receivables Turnover of 4.99 as of Jul. 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 TAAT Global Alternatives and its competitors.
Is TAAT Global Alternatives' Receivables Turnover too high?
TAAT Global Alternatives' current Receivables Turnover is 4.99. The Tobacco Products industry median Receivables Turnover is 10.06. TAAT Global Alternatives' value of 4.99 is 50.4% below this industry median. Overall, TAAT Global Alternatives has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does TAAT Global Alternatives' Receivables Turnover compare to VPRB and XXII?
TAAT Global Alternatives' Receivables Turnover of 4.99 can be compared against companies in the Tobacco Products industry. The industry median Receivables Turnover is 10.06. TAAT Global Alternatives' value of 4.99 is 50.4% below this benchmark. 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 Tobacco Products company?
The median Receivables Turnover among Tobacco Products companies is 10.06, based on 47 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. TAAT Global Alternatives's current Receivables Turnover of 4.99 is 50.4% below the industry median. 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 TAAT Global Alternatives and its competitors. For the Tobacco Products industry, the median Receivables Turnover is 10.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TAAT Global Alternatives's current Receivables Turnover is 4.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TAAT Global Alternatives stock overvalued right now?
TAAT Global Alternatives (TOBAF) has a current Receivables Turnover of 4.99. The current Receivables Turnover is 4.99 and 50.4% below the Tobacco Products industry median of 10.06. TAAT Global Alternatives' overall GF Score™ is 10/100. 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 TAAT Global Alternatives (TOBAF), the current Receivables Turnover is 4.99 as of Jul. 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.
TAAT Global Alternatives Inc is a Canada-based company, which develops, manufactures, and distributes alternative product categories such as tobacco, hemp, and other emerging CPG segments. The company has two reportable segments, the sale of non-tobacco and tobacco products. It generates the majority of its revenue from the tobacco products segment.
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