Lifedrink Co (TSE:2585) Receivables Turnover : 1.72 (As of Dec. 2023)

Lifedrink Co Receivables Turnover Chart

Lifedrink Co Quarterly Data
	Mar20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial							1.92	1.95	2.08	1.91	1.72

Competitive Comparison of Lifedrink Co's Receivables Turnover

For the Beverages - Non-Alcoholic subindustry, Lifedrink Co'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.

Lifedrink Co's Receivables Turnover Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Lifedrink Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Lifedrink Co's Receivables Turnover falls into.

Lifedrink Co Receivables Turnover Calculation

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

Lifedrink Co's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Lifedrink Co's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

* 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.

Lifedrink Co  (TSE:2585) 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.

Lifedrink Co Receivables Turnover Related Terms

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Lifedrink Co (TSE:2585) Business Description