Mercanto Holdings (TSXV:MUSH) Receivables Turnover : 1.27 (As of Jan. 2025)

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What is Mercanto Holdings 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. Mercanto Holdings's Revenue for the three months ended in Jan. 2025 was C$0.84 Mil. Mercanto Holdings's average Accounts Receivable for the three months ended in Jan. 2025 was C$0.66 Mil. Hence, Mercanto Holdings's Receivables Turnover for the three months ended in Jan. 2025 was 1.27.

Mercanto Holdings Receivables Turnover Historical Data

The historical data trend for Mercanto Holdings'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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Mercanto Holdings Receivables Turnover Chart

Mercanto Holdings Annual Data

Trend

Jul21

Jul22

Jul23

Jul24

Receivables Turnover

2.75

7.50

8.31

6.46

Mercanto Holdings Quarterly Data
	Mar20	Mar21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
Receivables Turnover	Get a 7-Day Free Trial												1.19	1.18	0.81	1.05	1.27

Competitive Comparison of Mercanto Holdings's Receivables Turnover

For the Drug Manufacturers - Specialty & Generic subindustry, Mercanto Holdings'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.

Mercanto Holdings's Receivables Turnover Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Mercanto Holdings's Receivables Turnover falls into.

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Mercanto Holdings Receivables Turnover Calculation

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

Mercanto Holdings's Receivables Turnover for the fiscal year that ended in Jul. 2024 is calculated as

	Receivables Turnover (A: Jul. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jul. 2024 )	/ (	(Accounts Receivable (A: Jul. 2023 )	+	Accounts Receivable (A: Jul. 2024 ))	/	count )
=	3.893	/ (	(0.525	+	0.681)	/	2 )
=	3.893	/	0.603
=	6.46

Mercanto Holdings's Receivables Turnover for the quarter that ended in Jan. 2025 is calculated as

	Receivables Turnover (Q: Jan. 2025 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jan. 2025 )	/ (	(Accounts Receivable (Q: Oct. 2024 )	+	Accounts Receivable (Q: Jan. 2025 ))	/	count )
=	0.84	/ (	(0.633	+	0.693)	/	2 )
=	0.84	/	0.663
=	1.27

Mercanto Holdings (TSXV:MUSH) 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.

Mercanto Holdings Receivables Turnover Related Terms

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Mercanto Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Mercanto Holdings Inc (TSXV:MUSH) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

324 Marie-Curie, Vaudreuil, QC, CAN, J7V 5V5

Website

https://www.mercantoholdings.com

Mercanto Holdings Inc operates a portfolio of brands that include traditional cannabis and beverage products. The company exists to promote the use of mushrooms through its brands; The company offers quality products that promote health, recreation, and well-being. The portfolio of the company includes different cannabis products, probiotic, functional mushroom beverages, and others.

Executives

Eric Ronsse	Director, Director or Senior Officer of 10% Security Holder, Senior Officer
Claude Dufresne	Director
Scott Jardin	Senior Officer

Mercanto Holdings Headlines

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