EvokAI Creative Labs (TSXV:OKAI) Receivables Turnover: 0.00 (As of Sep. 2024)

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TSXV:OKAI EvokAI Creative Labs Inc TSXV:OKAI
15 GF Score
Price C$0.12
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What is EvokAI Creative Labs Receivables Turnover?

EvokAI Creative Labs TSXV:OKAI 15 Receivables Turnover is 0.00 as of Sep. 2024. GuruFocus rates TSXV:OKAI with a GF Score™ of 15/100.

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. EvokAI Creative Labs's Revenue for the three months ended in Sep. 2024 was C$0.00 Mil. EvokAI Creative Labs's average Accounts Receivable for the three months ended in Sep. 2024 was C$0.06 Mil.


EvokAI Creative Labs  (TSXV:OKAI) 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.


EvokAI Creative Labs Receivables Turnover Related Terms


EvokAI Creative Labs Receivables Turnover Historical Data

* Premium members only.

The historical data trend for EvokAI Creative Labs'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.

EvokAI Creative Labs Receivables Turnover Chart

EvokAI Creative Labs Annual Data
Trend Dec21 Dec22 Dec23
Receivables Turnover
0.00 0.00 0.00

EvokAI Creative Labs Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

TSXV:OKAI vs VEEV, GEHC, DOCS: Receivables Turnover Comparison

For the Health Information Services subindustry, EvokAI Creative Labs'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.


EvokAI Creative Labs Receivables Turnover vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, EvokAI Creative Labs's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where EvokAI Creative Labs's Receivables Turnover falls into.


TSXV:OKAI
15GF Score
EvokAI Creative Labs Inc TSXV:OKAI
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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EvokAI Creative Labs Receivables Turnover Calculation

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

EvokAI Creative Labs's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=0 / ((0 + 0.042) / 1 )
=0 / 0.042
=N/A

EvokAI Creative Labs's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=0 / ((0.064 + 0.064) / 2 )
=0 / 0.064
=N/A

* 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 0.00 mean?
EvokAI Creative Labs (TSXV:OKAI) has a Receivables Turnover of 0.00 as of Sep. 2024. 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 EvokAI Creative Labs and its competitors.
Is EvokAI Creative Labs' Receivables Turnover too high?
EvokAI Creative Labs' current Receivables Turnover is 0.00. Overall, EvokAI Creative Labs has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does EvokAI Creative Labs' Receivables Turnover compare to VEEV and GEHC?
EvokAI Creative Labs' Receivables Turnover of 0.00 can be compared against companies in the Healthcare Providers & Services industry. The industry median Receivables Turnover is 7.75. 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 Healthcare Providers & Services company?
The median Receivables Turnover among Healthcare Providers & Services companies is 7.75, based on 660 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. 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 EvokAI Creative Labs and its competitors. For the Healthcare Providers & Services industry, the median Receivables Turnover is 7.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EvokAI Creative Labs's current Receivables Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EvokAI Creative Labs stock overvalued right now?
EvokAI Creative Labs (TSXV:OKAI) has a current Receivables Turnover of 0.00. The current Receivables Turnover is 0.00. EvokAI Creative Labs' overall GF Score™ is 15/100. 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 EvokAI Creative Labs (TSXV:OKAI), the current Receivables Turnover is 0.00 as of Sep. 2024. 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.

EvokAI Creative Labs Business Description

Address 609 Granville Street, Suite 1600, PO Box 10068, Pacific Centre, Vancouver, BC, CAN, V7Y 1C3
EvokAI Creative Labs Inc is a medtech artificial-intelligence-powered company. It deploys machine learning models to search medical data and uncover insights to help improve health outcomes, patient experiences, drug development, preclinical and clinical decisions, and provide more accurate diagnoses. EvokAI tailors its AI algorithms across the whole healthcare system, from hospitals, private clinics, research institutions, pharmaceutical companies, and contract research organizations to medical professionals, patients, and healthy individuals aiming at preventing and early detecting any kind of disease and beyond, protecting the aging genome.
15GF Score

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