Icarus Capital (TSXV:ICRS) Receivables Turnover: 28.10 (As of Mar. 2026)

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What is Icarus Capital Receivables Turnover?

Icarus Capital TSXV:ICRS Receivables Turnover is 28.10 as of Mar. 2026. The stock has 2 warning signs investors should review. Among 1,004 Media - Diversified companies, Icarus Capital ranks better than 99.3% 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. Icarus Capital's Revenue for the three months ended in Mar. 2026 was C$0.59 Mil. Icarus Capital's average Accounts Receivable for the three months ended in Mar. 2026 was C$0.02 Mil. Hence, Icarus Capital's Receivables Turnover for the three months ended in Mar. 2026 was 28.10.


Icarus Capital  (TSXV:ICRS) 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.


Icarus Capital Receivables Turnover Related Terms


Icarus Capital Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Icarus Capital'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.

Icarus Capital Receivables Turnover Chart

Icarus Capital Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
0.00 0.00 11.23 39.17 68.86

Icarus Capital Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 17.70 22.73 44.83 53.68 28.10

TSXV:ICRS vs NFLX, DIS, WBD: Receivables Turnover Comparison

For the Entertainment subindustry, Icarus Capital'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.


Icarus Capital Receivables Turnover vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Icarus Capital's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Icarus Capital's Receivables Turnover falls into.



Icarus Capital Receivables Turnover Calculation

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

Icarus Capital's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=1.446 / ((0.03 + 0.012) / 2 )
=1.446 / 0.021
=68.86

Icarus Capital's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=0.59 / ((0.012 + 0.03) / 2 )
=0.59 / 0.021
=28.10

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 28.10 mean?
Icarus Capital (TSXV:ICRS) has a Receivables Turnover of 28.10 as of Mar. 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 Icarus Capital and its competitors. According to the industry distribution chart, Icarus Capital ranks #7 out of 1004 companies in the Media - Diversified industry, placing it in the top 0.7%.
Is Icarus Capital's Receivables Turnover too high?
Icarus Capital's current Receivables Turnover is 28.10. The Media - Diversified industry median Receivables Turnover is 5.34. Icarus Capital's value of 28.10 is 426.7% above this industry median. Based on the distribution chart, Icarus Capital ranks #7 out of 1004 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers.
How does Icarus Capital's Receivables Turnover compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Icarus Capital ranks #7 out of 1004 companies for Receivables Turnover. This places Icarus Capital in the top 1% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.34. Icarus Capital's value of 28.10 is 426.7% above 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 Media - Diversified company?
The median Receivables Turnover among Media - Diversified companies is 5.34, based on 1,004 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. Icarus Capital's current Receivables Turnover of 28.10 is 426.7% above 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 Icarus Capital and its competitors. For the Media - Diversified industry, the median Receivables Turnover is 5.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Icarus Capital's current Receivables Turnover is 28.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Icarus Capital stock overvalued right now?
Icarus Capital (TSXV:ICRS) has a current Receivables Turnover of 28.10. The current Receivables Turnover is 28.10 and 426.7% above the Media - Diversified industry median of 5.34. 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 Icarus Capital (TSXV:ICRS), the current Receivables Turnover is 28.10 as of Mar. 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.

Icarus Capital Business Description

Address 404-1688 152nd Street, Surrey, BC, CAN, V4A 4N2
Icarus Capital Corp, through its wholly owned subsidiary Alberta Ltd. (YYC), operates a Yuk Yuk's franchise comedy club in the Elbow River Casino in Calgary, Alberta, and by another subsidiary YYS, the company promotes and operates pop-up comedy shows across British Columbia and Alberta, including a hybrid-format Yuk Yuk's Surrey club located at Elements Casino in Surrey, British Columbia. The company's project portfolio includes Yuk Yuk's Calgary, Yuk Yuk's Surrey, Yuk Yuk's in Theatres, Yuk Yuk's Media, Yuk's U (Comedy Class).