The Yumy Candy Co (STU:FWR0) Receivables Turnover : 1.30 (As of Jan. 2024)

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What is The Yumy Candy 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 Yumy Candy Co's Revenue for the three months ended in Jan. 2024 was €0.11 Mil. The Yumy Candy Co's average Accounts Receivable for the three months ended in Jan. 2024 was €0.09 Mil. Hence, The Yumy Candy Co's Receivables Turnover for the three months ended in Jan. 2024 was 1.30.

The Yumy Candy Co Receivables Turnover Historical Data

The historical data trend for The Yumy Candy 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.

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The Yumy Candy Co Receivables Turnover Chart

The Yumy Candy Co Annual Data

Trend

Jan21

Jan22

Jan23

Jan24

Receivables Turnover

8.23

9.16

2.07

The Yumy Candy Co Quarterly Data
	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Receivables Turnover	Get a 7-Day Free Trial							0.80	0.80	1.44	0.64	1.30

Competitive Comparison of The Yumy Candy Co's Receivables Turnover

For the Confectioners subindustry, The Yumy Candy 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 Yumy Candy Co's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, The Yumy Candy Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where The Yumy Candy Co's Receivables Turnover falls into.

The Yumy Candy Co Receivables Turnover Calculation

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

The Yumy Candy Co's Receivables Turnover for the fiscal year that ended in Jan. 2024 is calculated as

	Receivables Turnover (A: Jan. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jan. 2024 )	/ (	(Accounts Receivable (A: Jan. 2023 )	+	Accounts Receivable (A: Jan. 2024 ))	/	count )
=	0.238	/ (	(0.086	+	0.144)	/	2 )
=	0.238	/	0.115
=	2.07

The Yumy Candy Co's Receivables Turnover for the quarter that ended in Jan. 2024 is calculated as

	Receivables Turnover (Q: Jan. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jan. 2024 )	/ (	(Accounts Receivable (Q: Oct. 2023 )	+	Accounts Receivable (Q: Jan. 2024 ))	/	count )
=	0.113	/ (	(0.03	+	0.144)	/	2 )
=	0.113	/	0.087
=	1.30

The Yumy Candy Co (STU:FWR0) 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 Yumy Candy Co Receivables Turnover Related Terms

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The Yumy Candy Co (STU:FWR0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » The Yumy Candy Co Inc (STU:FWR0) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

YUMFF:USA TYUM:Canada

Address

700 West Georgia Street, 25th Floor, Vancouver, BC, CAN, V7Y 1B3

Website

https://www.yumybear.com

The Yumy Candy Co Inc is an affordable health-conscious low-sugar plant-based confectionary company. It has developed a portfolio of healthier gelatine-free candies made from Non-GMO ingredients with proprietary recipes. All of its products are free of gelatin, soy, gluten, nuts, dairy, eggs, sugar alcohols, artificial sweeteners, and genetically modified organisms.

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