Organigram Global (TSX:OGI) Receivables Turnover : 1.17 (As of Dec. 2024)

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What is Organigram Global 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. Organigram Global's Revenue for the three months ended in Dec. 2024 was C$42.7 Mil. Organigram Global's average Accounts Receivable for the three months ended in Dec. 2024 was C$36.6 Mil. Hence, Organigram Global's Receivables Turnover for the three months ended in Dec. 2024 was 1.17.

Organigram Global Receivables Turnover Historical Data

The historical data trend for Organigram Global'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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Organigram Global Receivables Turnover Chart

Organigram Global Annual Data

Trend

Apr14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Sep24

Receivables Turnover

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12.65

7.55

5.06

4.55

4.18

Organigram Global Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Dec23	Mar24	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															1.26	1.50	1.57	1.50	1.17

Competitive Comparison of Organigram Global's Receivables Turnover

For the Drug Manufacturers - Specialty & Generic subindustry, Organigram Global'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.

Organigram Global's Receivables Turnover Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Organigram Global's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Organigram Global's Receivables Turnover falls into.

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Organigram Global Receivables Turnover Calculation

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

Organigram Global's Receivables Turnover for the fiscal year that ended in Sep. 2024 is calculated as

	Receivables Turnover (A: Sep. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Sep. 2024 )	/ (	(Accounts Receivable (A: Aug. 2022 )	+	Accounts Receivable (A: Sep. 2024 ))	/	count )
=	159.841	/ (	(43.862	+	32.655)	/	2 )
=	159.841	/	38.2585
=	4.18

Organigram Global's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Sep. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	42.73	/ (	(32.655	+	40.539)	/	2 )
=	42.73	/	36.597
=	1.17

Organigram Global (TSX:OGI) 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.

Organigram Global Receivables Turnover Related Terms

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Organigram Global Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Organigram Global Inc (TSX:OGI) » Definitions » Receivables Turnover

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OGI:USA 0OG:Germany

Address

145 King Street West, Suite 1400, Toronto, ON, CAN, M5H 1J8

Website

https://www.organigram.ca

Organigram Global Inc is a licensed cultivator of cannabis and manufacturer of cannabis-derived goods in Canada. It is is focused on producing high-quality cannabis for adult recreational consumers. It has also developed and acquired a portfolio of legal adult-use recreational cannabis brands, including Edison, Holy Mountain, Big Bag O' Buds, SHRED, SHRED'ems, Monjour, Tremblant Cannabis, Trailblazer, BOXHOT and DEBUNK. Organigram operates facilities in Moncton, New Brunswick and Lac-Superieur, Quebec, with a dedicated edibles manufacturing facility in Winnipeg, Manitoba.

Executives

Beena Goldenberg	Senior Officer
Dexter John	Director
Sherry Porter	Director
Stephen A. Smith	Director
Gregory Guyatt	Senior Officer
Paolo De Luca	Senior Officer
Katrina May Mcfadden	Senior Officer
Donald Geoffrey Machum	Director
Derrick West	Senior Officer
Michel Bourque	Director
Kenneth Arnold Mitton	Director
Denis Joseph Robert Arsenault	10% Security Holder, Director, Senior Officer