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Goodfood MarketTSX:FOOD -63.33% Receivables Turnover is 6.86 as of May. 2026. The stock has 5 warning signs investors should review. Among 91 Personal Services companies, Goodfood Market ranks better than 73.63% on this metric.
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. Goodfood Market's Revenue for the
three
months ended in May. 2026 was C$21.46 Mil. Goodfood Market's average Accounts Receivable for the
three
months ended in May. 2026 was C$3.13 Mil.
Hence, Goodfood Market's Receivables Turnover for the
three
months ended in May. 2026 was 6.86.
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.
Goodfood Market Receivables Turnover Related Terms
Goodfood Market Receivables Turnover Historical Data
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The historical data trend for Goodfood Market'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.
TSX:FOOD vs ROL, SCI, FTDR: Receivables Turnover Comparison
For the Personal Services subindustry, Goodfood Market'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.
Goodfood Market Receivables Turnover vs Personal Services Industry
For the Personal Services industry and Consumer Cyclical sector, Goodfood Market's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Goodfood Market'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.
Goodfood Market (TSX:FOOD) has a Receivables Turnover of 6.86 as of May. 2026. 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 Goodfood Market and its competitors. According to the industry distribution chart, Goodfood Market ranks #24 out of 91 companies in the Personal Services industry, placing it in the top 26.4%.
Is Goodfood Market's Receivables Turnover too high?
Goodfood Market's current Receivables Turnover is 6.86. The Personal Services industry median Receivables Turnover is 13.29. Goodfood Market's value of 6.86 is 48.4% below this industry median. Based on the distribution chart, Goodfood Market ranks #24 out of 91 companies in the Personal Services industry, which is above the industry midpoint.
How does Goodfood Market's Receivables Turnover compare to ROL and SCI?
According to the Personal Services industry distribution chart, Goodfood Market ranks #24 out of 91 companies for Receivables Turnover. This puts Goodfood Market in the upper half of its industry. The industry median Receivables Turnover is 13.29. Goodfood Market's value of 6.86 is 48.4% 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 Personal Services company?
The median Receivables Turnover among Personal Services companies is 13.29, based on 91 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. Goodfood Market's current Receivables Turnover of 6.86 is 48.4% 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 Goodfood Market and its competitors. For the Personal Services industry, the median Receivables Turnover is 13.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goodfood Market's current Receivables Turnover is 6.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goodfood Market stock overvalued right now?
Based on GuruFocus' analysis, Goodfood Market (TSX:FOOD) is currently considered Possible Value Trap. The stock's GF Value™ is C$0.15, compared to a current price of C$0.06 — trading 63.3% below its estimated fair value. The current Receivables Turnover is 6.86 and 48.4% below the Personal Services industry median of 13.29. 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 Goodfood Market (TSX:FOOD), the current Receivables Turnover is 6.86 as of May. 2026. 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.
Goodfood Market Corp is an online grocery company in Canada that delivers fresh meal solutions and groceries that make it easy for members to enjoy delicious meals at home every day. The principal business activity is focused on developing and servicing the online meal kit and grocery add-on market. Goodfood members have access to products and exclusive pricing made possible by its direct-to-consumer fulfillment ecosystem that eliminates waste and retail overhead. It has a production facility and administrative offices in Montreal, with five additional facilities located in Quebec, Ontario, Alberta, and British Columbia. The company is passionate about connecting its partner farms and suppliers to its customers' kitchens while eliminating food waste and costly retail overhead.
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