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. West Island Brands's Revenue for the
three
months ended in Sep. 2022 was $0.96 Mil. West Island Brands's average Accounts Receivable for the
three
months ended in Sep. 2022 was $0.70 Mil.
Hence, West Island Brands's Receivables Turnover for the
three
months ended in Sep. 2022 was 1.37.
West Island Brands (OTCPK:WIBFF) 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.
West Island Brands Receivables Turnover Related Terms
West Island Brands Receivables Turnover Historical Data
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The historical data trend for West Island Brands'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.
WIBFF vs CLSH, NXEN, SNOA: Receivables Turnover Comparison
For the Drug Manufacturers - Specialty & Generic subindustry, West Island Brands'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.
West Island Brands Receivables Turnover vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, West Island Brands's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where West Island Brands's Receivables Turnover falls into.
* 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.
West Island Brands (WIBFF) has a Receivables Turnover of 1.37 as of Sep. 2022. 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 West Island Brands and its competitors.
Is West Island Brands' Receivables Turnover too high?
West Island Brands' current Receivables Turnover is 1.37. The Drug Manufacturers industry median Receivables Turnover is 5.07. West Island Brands' value of 1.37 is 73% below this industry median. Overall, West Island Brands has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does West Island Brands' Receivables Turnover compare to CLSH and NXEN?
West Island Brands' Receivables Turnover of 1.37 can be compared against companies in the Drug Manufacturers industry. The industry median Receivables Turnover is 5.07. West Island Brands' value of 1.37 is 73% below 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 Drug Manufacturers company?
The median Receivables Turnover among Drug Manufacturers companies is 5.07, based on 947 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. West Island Brands's current Receivables Turnover of 1.37 is 73% below 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 West Island Brands 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. West Island Brands's current Receivables Turnover is 1.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is West Island Brands stock overvalued right now?
West Island Brands (WIBFF) has a current Receivables Turnover of 1.37. The current Receivables Turnover is 1.37 and 73% below the Drug Manufacturers industry median of 5.07. West Island Brands' overall GF Score™ is 30/100. 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 West Island Brands (WIBFF), the current Receivables Turnover is 1.37 as of Sep. 2022. 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.
West Island Brands Inc is a multi-faceted, company in the Quebec cannabis space. A Health Canada Licence Holder West Island has standard cultivation licence, standard processing, medical sales and sales licences.
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