VRTHF (Indigenous Bloom Hemp) Receivables Turnover: 0.00 (As of Feb. 2023)


What is Indigenous Bloom Hemp Receivables Turnover?

Indigenous Bloom Hemp VRTHF -99.93% Receivables Turnover is 0.00 as of Feb. 2023.

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. Indigenous Bloom Hemp's Revenue for the three months ended in Feb. 2023 was $0.00 Mil. Indigenous Bloom Hemp's average Accounts Receivable for the three months ended in Feb. 2023 was $0.00 Mil.

Indigenous Bloom Hemp  (OTCPK:VRTHF) 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.

Indigenous Bloom Hemp Receivables Turnover Related Terms

Indigenous Bloom Hemp Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Indigenous Bloom Hemp'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.

Indigenous Bloom Hemp Receivables Turnover Chart

Indigenous Bloom Hemp Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 May22
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

Indigenous Bloom Hemp Quarterly Data
Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Nov21 Feb22 May22 Aug22 Feb23
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 0.00 0.00 0.00 0.00 0.00

VRTHF vs ZTS: Receivables Turnover Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Indigenous Bloom Hemp'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.

Indigenous Bloom Hemp Receivables Turnover vs Drug Manufacturers Industry

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

* The bar in red indicates where Indigenous Bloom Hemp's Receivables Turnover falls into.


Indigenous Bloom Hemp Receivables Turnover Calculation

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

Indigenous Bloom Hemp's Receivables Turnover for the fiscal year that ended in May. 2022 is calculated as

Receivables Turnover (A: May. 2022 )
=Revenue / Average Accounts Receivable
=Revenue (A: May. 2022 ) / ((Accounts Receivable (A: Apr. 2021 ) + Accounts Receivable (A: May. 2022 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Indigenous Bloom Hemp's Receivables Turnover for the quarter that ended in Feb. 2023 is calculated as

Receivables Turnover (Q: Feb. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Feb. 2023 ) / ((Accounts Receivable (Q: Aug. 2022 ) + Accounts Receivable (Q: Feb. 2023 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=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?
Indigenous Bloom Hemp (VRTHF) has a Receivables Turnover of 0.00 as of Feb. 2023. 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 Indigenous Bloom Hemp and its competitors.
Is Indigenous Bloom Hemp's Receivables Turnover too high?
Indigenous Bloom Hemp's current Receivables Turnover is 0.00.
How does Indigenous Bloom Hemp's Receivables Turnover compare to ZTS?
Indigenous Bloom Hemp's Receivables Turnover of 0.00 can be compared against companies in the Drug Manufacturers industry. The industry median Receivables Turnover is 5.07. 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 Drug Manufacturers company?
The median Receivables Turnover among Drug Manufacturers companies is 5.07, based on 944 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 Indigenous Bloom Hemp and its competitors. For the Drug Manufacturers industry, the median Receivables Turnover is 5.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indigenous Bloom Hemp'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 Indigenous Bloom Hemp stock overvalued right now?
Indigenous Bloom Hemp (VRTHF) has a current Receivables Turnover of 0.00. The current Receivables Turnover is 0.00. 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 Indigenous Bloom Hemp (VRTHF), the current Receivables Turnover is 0.00 as of Feb. 2023. 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.

Indigenous Bloom Hemp Business Description

Address c/o 3200 650 West Georgia Street, Vancouver, BC, CAN, V6B 4P7
Indigenous Bloom Hemp Corp is in business to produce and sell hemp extracts.