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Richco Investors (TSXV:RII.H) Receivables Turnover : 0.00 (As of Dec. 2023)


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What is Richco Investors 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. Richco Investors's Revenue for the three months ended in Dec. 2023 was C$0.00 Mil. Richco Investors's average Accounts Receivable for the three months ended in Dec. 2023 was C$0.00 Mil.


Richco Investors Receivables Turnover Historical Data

The historical data trend for Richco Investors'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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Richco Investors Receivables Turnover Chart

Richco Investors Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
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Richco Investors Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Richco Investors's Receivables Turnover

For the Asset Management subindustry, Richco Investors'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.


Richco Investors's Receivables Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Richco Investors's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Richco Investors's Receivables Turnover falls into.



Richco Investors Receivables Turnover Calculation

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

Richco Investors's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Richco Investors's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Sep. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

* 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.


Richco Investors  (TSXV:RII.H) 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.


Richco Investors Receivables Turnover Related Terms

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Richco Investors (TSXV:RII.H) Business Description

Traded in Other Exchanges
Address
3882 Lawrence Place, North Vancouver, Vancouver, BC, CAN, V7K 2X2
Richco Investors Inc is a Canada-based company that provides financial, management, and other administrative services to early development-stage businesses. The principal objective of the company is long-term wealth creation by creating or helping businesses to fulfill their potential through strategic planning, capital infusion, and corporate restructuring.

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