What is The Alkaline Water Co 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. The Alkaline Water Co's Revenue for the
three
months ended in Jun. 2023 was $14.93 Mil. The Alkaline Water Co's average Accounts Receivable for the
three
months ended in Jun. 2023 was $5.79 Mil.
Hence, The Alkaline Water Co's Receivables Turnover for the
three
months ended in Jun. 2023 was 2.58.
The Alkaline Water Co Receivables Turnover Historical Data
The historical data trend for The Alkaline Water Co'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.
Competitive Comparison of The Alkaline Water Co's Receivables Turnover
For the Beverages - Non-Alcoholic subindustry, The Alkaline Water Co'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.
The Alkaline Water Co's Receivables Turnover Distribution in the Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, The Alkaline Water Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where The Alkaline Water Co's Receivables Turnover falls into.
The Alkaline Water Co Receivables Turnover Calculation
Receivables Turnover measures the number of times a company collects its average accounts receivable balance.
The Alkaline Water Co's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as
* 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.
The Alkaline Water Co (OTCPK:WTER) 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.
The Alkaline Water Co Receivables Turnover Related Terms
Thank you for viewing the detailed overview of The Alkaline Water Co's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
The Alkaline Water Co (The Alkaline Water Co) Business Description
Alkaline Water Co Inc is engaged in the business of distributing and marketing bottled alkaline water for retail consumers of different sizes. The firm sells its product in 500ml, 700ml, 1-liter, 1.5-liter 3-liter, and 1-gallon sizes. Its only operating geographical segment being the United States of America. The company sells its product to convenience stores, natural food products stores, large ethnic markets, and national retailers.
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