HFactor (HFactor) Receivables Turnover : 4.33 (As of Sep. 2023)

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What is HFactor 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. HFactor's Revenue for the three months ended in Sep. 2023 was $0.17 Mil. HFactor's average Accounts Receivable for the three months ended in Sep. 2023 was $0.04 Mil. Hence, HFactor's Receivables Turnover for the three months ended in Sep. 2023 was 4.33.

HFactor Receivables Turnover Historical Data

The historical data trend for HFactor'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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HFactor Receivables Turnover Chart

HFactor Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Receivables Turnover

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9.89

18.87

HFactor Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Receivables Turnover	Get a 7-Day Free Trial															1.28	2.98	2.10	2.33	4.33

Competitive Comparison of HFactor's Receivables Turnover

For the Real Estate Services subindustry, HFactor'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.

HFactor's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, HFactor's Receivables Turnover distribution charts can be found below:

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

HFactor Receivables Turnover Calculation

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

HFactor's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Receivables Turnover (A: Dec. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2022 )	/ (	(Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )
=	1.887	/ (	(0.076	+	0.124)	/	2 )
=	1.887	/	0.1
=	18.87

HFactor's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

	Receivables Turnover (Q: Sep. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2023 )	/ (	(Accounts Receivable (Q: Jun. 2023 )	+	Accounts Receivable (Q: Sep. 2023 ))	/	count )
=	0.171	/ (	(0.046	+	0.033)	/	2 )
=	0.171	/	0.0395
=	4.33

HFactor (OTCPK:HWTR) 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.

HFactor Receivables Turnover Related Terms

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HFactor (HFactor) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » HFactor Inc (OTCPK:HWTR) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

244 Madison Avenue, Suite 1249, New York, NY, USA, 10016

Website

https://www.standardcanna.net

HFactor Inc operates through its wholly-owned subsidiary, engages in the purchase, development, and operation of growing space and related facilities, and leasing the facilities to marijuana growers and dispensary owners.

Executives

Joseph J Meuse	director, 10 percent owner	211 FALMOUTH STREET, WARRENTON VA 20186
Belmont Partners, Llc	director, officer: Director	360 MAIN STREET, P.O. BOX 393, WASHINGTON VA 22747
John R Signorello	10 percent owner	205 VAN BUREN STREET, SUITE 420, HERNDON VA 20170
Bluepoint Financial, Llc	10 percent owner	4126 LEONARD DRIVE, FAIRFAX VA 22030
Robert J Druzak	director, 10 percent owner, officer: President and CEO	670 EDGEBROOK LN, WEST PALM BEACH FL 33411
Elizabeth Crews	other: Former Director CFO 10% Owner	6726 N. RIVER SHORE DRIVE, TAMPA FL 33604
Head William G Iii	director	P.O. BOX 6692, RALEIGH NC 27628

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