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The Keg Royaltiesome Fund (The Keg Royaltiesome Fund) Receivables Turnover : 2.10 (As of Mar. 2024)


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What is The Keg Royaltiesome Fund 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 Keg Royaltiesome Fund's Revenue for the three months ended in Mar. 2024 was $5.36 Mil. The Keg Royaltiesome Fund's average Accounts Receivable for the three months ended in Mar. 2024 was $2.56 Mil. Hence, The Keg Royaltiesome Fund's Receivables Turnover for the three months ended in Mar. 2024 was 2.10.


The Keg Royaltiesome Fund Receivables Turnover Historical Data

The historical data trend for The Keg Royaltiesome Fund'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 Keg Royaltiesome Fund Receivables Turnover Chart

The Keg Royaltiesome Fund Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.75 7.32 9.67 9.20 8.23

The Keg Royaltiesome Fund Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.56 2.49 2.47 2.31 2.10

Competitive Comparison of The Keg Royaltiesome Fund's Receivables Turnover

For the Restaurants subindustry, The Keg Royaltiesome Fund'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 Keg Royaltiesome Fund's Receivables Turnover Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, The Keg Royaltiesome Fund's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where The Keg Royaltiesome Fund's Receivables Turnover falls into.



The Keg Royaltiesome Fund Receivables Turnover Calculation

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

The Keg Royaltiesome Fund'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 )
=22.114 / ((2.311 + 3.065) / 2 )
=22.114 / 2.688
=8.23

The Keg Royaltiesome Fund's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=5.356 / ((3.065 + 2.048) / 2 )
=5.356 / 2.5565
=2.10

* 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.


The Keg Royaltiesome Fund  (OTCPK:KRIUF) 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 Keg Royaltiesome Fund Receivables Turnover Related Terms

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The Keg Royaltiesome Fund (The Keg Royaltiesome Fund) Business Description

Traded in Other Exchanges
Address
10100 Shellbridge Way, Richmond, BC, CAN, V6X 2W7
The Keg Royalties Income Fund is a Canada-based company. The organization works in the Restaurant business sector. Its primary activity is operating and franchising keg steakhouses and bar restaurants in Canada and the United States. The target market of this company is those people who want a higher-end casual dining experience.

The Keg Royaltiesome Fund (The Keg Royaltiesome Fund) Headlines

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