GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Eden Empire Inc (OTCPK:EDNEF) » Definitions » Receivables Turnover

Eden Empire (Eden Empire) Receivables Turnover : 0.63 (As of Apr. 2022)


View and export this data going back to 2021. Start your Free Trial

What is Eden Empire 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. Eden Empire's Revenue for the three months ended in Apr. 2022 was $0.05 Mil. Eden Empire's average Accounts Receivable for the three months ended in Apr. 2022 was $0.08 Mil. Hence, Eden Empire's Receivables Turnover for the three months ended in Apr. 2022 was 0.63.


Eden Empire Receivables Turnover Historical Data

The historical data trend for Eden Empire'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.

* Premium members only.

Eden Empire Receivables Turnover Chart

Eden Empire Annual Data
Trend Jul19 Jul20 Jul21
Receivables Turnover
- - 1.32

Eden Empire Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.92 0.63 0.47 0.22 0.63

Competitive Comparison of Eden Empire's Receivables Turnover

For the Drug Manufacturers - Specialty & Generic subindustry, Eden Empire'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.


Eden Empire's Receivables Turnover Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Eden Empire's Receivables Turnover falls into.



Eden Empire Receivables Turnover Calculation

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

Eden Empire's Receivables Turnover for the fiscal year that ended in Jul. 2021 is calculated as

Receivables Turnover (A: Jul. 2021 )
=Revenue / Average Total Inventories
=Revenue (A: Jul. 2021 ) / ((Accounts Receivable (A: Jul. 2020 ) + Accounts Receivable (A: Jul. 2021 )) / count )
=0.174 / ((0.05 + 0.214) / 2 )
=0.174 / 0.132
=1.32

Eden Empire's Receivables Turnover for the quarter that ended in Apr. 2022 is calculated as

Receivables Turnover (Q: Apr. 2022 )
=Revenue / Average Total Inventories
=Revenue (Q: Apr. 2022 ) / ((Accounts Receivable (Q: Jan. 2022 ) + Accounts Receivable (Q: Apr. 2022 )) / count )
=0.051 / ((0.086 + 0.075) / 2 )
=0.051 / 0.0805
=0.63

* 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.


Eden Empire  (OTCPK:EDNEF) 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.


Eden Empire Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Eden Empire's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Eden Empire (Eden Empire) Business Description

Traded in Other Exchanges
N/A
Address
666 Burrard Street, 2800 Park Place, Vancouver, BC, CAN, V6C 2Z7
Eden Empire Inc is engaged in the business of operating and investing in the retail cannabis sector.

Eden Empire (Eden Empire) Headlines

No Headlines