GURU Organic Energy (TSX:GURU) Receivables Turnover : 1.58 (As of Jan. 2024)

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What is GURU Organic Energy 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. GURU Organic Energy's Revenue for the three months ended in Jan. 2024 was C$7.15 Mil. GURU Organic Energy's average Accounts Receivable for the three months ended in Jan. 2024 was C$4.51 Mil. Hence, GURU Organic Energy's Receivables Turnover for the three months ended in Jan. 2024 was 1.58.

GURU Organic Energy Receivables Turnover Historical Data

The historical data trend for GURU Organic Energy'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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GURU Organic Energy Receivables Turnover Chart

GURU Organic Energy Annual Data

Trend

Oct20

Oct21

Oct22

Oct23

Receivables Turnover

7.86

7.69

6.50

7.77

GURU Organic Energy Quarterly Data
	Sep19	Sep20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Receivables Turnover	Get a 7-Day Free Trial										1.17	1.54	1.63	1.67	1.58

Competitive Comparison of GURU Organic Energy's Receivables Turnover

For the Beverages - Non-Alcoholic subindustry, GURU Organic Energy'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.

GURU Organic Energy's Receivables Turnover Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, GURU Organic Energy's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where GURU Organic Energy's Receivables Turnover falls into.

GURU Organic Energy Receivables Turnover Calculation

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

GURU Organic Energy's Receivables Turnover for the fiscal year that ended in Oct. 2023 is calculated as

	Receivables Turnover (A: Oct. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Oct. 2023 )	/ (	(Accounts Receivable (A: Oct. 2022 )	+	Accounts Receivable (A: Oct. 2023 ))	/	count )
=	29.288	/ (	(3.914	+	3.623)	/	2 )
=	29.288	/	3.7685
=	7.77

GURU Organic Energy'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 )
=	7.146	/ (	(3.623	+	5.401)	/	2 )
=	7.146	/	4.512
=	1.58

GURU Organic Energy (TSX:GURU) 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.

GURU Organic Energy Receivables Turnover Related Terms

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GURU Organic Energy (TSX:GURU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » GURU Organic Energy Corp (TSX:GURU) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

GUROF:USA

Address

602-7236 rue Waverly, Montreal, QC, CAN, H2R 0C2

Website

https://www.guruenergy.com

GURU Organic Energy Corp is a wellness company. The company is engaged in the business of manufacturing and marketing organic energy drinks. Geographically, it derives a majority of its revenue from Canada and also has a presence in the United States. Some of its product includes GURU Organic Energy - Yerba Mate; GURU Energy Water - Grapefruit; GURU Energy Water - Pomegranate; GURU Organic Energy - Matcha and others.

Executives

Eric Yves Graveline

10% Security Holder, Director