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Boosh Plant-Based Brands (Boosh Plant-Based Brands) Receivables Turnover : 0.67 (As of Dec. 2023)


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What is Boosh Plant-Based Brands 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. Boosh Plant-Based Brands's Revenue for the three months ended in Dec. 2023 was $0.05 Mil. Boosh Plant-Based Brands's average Accounts Receivable for the three months ended in Dec. 2023 was $0.07 Mil. Hence, Boosh Plant-Based Brands's Receivables Turnover for the three months ended in Dec. 2023 was 0.67.


Boosh Plant-Based Brands Receivables Turnover Historical Data

The historical data trend for Boosh Plant-Based Brands'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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Boosh Plant-Based Brands Receivables Turnover Chart

Boosh Plant-Based Brands Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Receivables Turnover
15.33 4.41 4.78 12.31

Boosh Plant-Based Brands Quarterly Data
Mar20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.86 - - - 0.67

Competitive Comparison of Boosh Plant-Based Brands's Receivables Turnover

For the Packaged Foods subindustry, Boosh Plant-Based Brands'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.


Boosh Plant-Based Brands's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Boosh Plant-Based Brands's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Boosh Plant-Based Brands's Receivables Turnover falls into.



Boosh Plant-Based Brands Receivables Turnover Calculation

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

Boosh Plant-Based Brands's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Receivables Turnover (A: Mar. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2023 ) / ((Accounts Receivable (A: Mar. 2022 ) + Accounts Receivable (A: Mar. 2023 )) / count )
=1.945 / ((0.193 + 0.123) / 2 )
=1.945 / 0.158
=12.31

Boosh Plant-Based Brands'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 )
=0.046 / ((0.068 + 0.069) / 2 )
=0.046 / 0.0685
=0.67

* 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.


Boosh Plant-Based Brands  (OTCPK:VGGIF) 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.


Boosh Plant-Based Brands Receivables Turnover Related Terms

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Boosh Plant-Based Brands (Boosh Plant-Based Brands) Business Description

Traded in Other Exchanges
Address
176 Street, Suite 103-6554, Surrey, BC, CAN, V3S 4G5
Boosh Plant-Based Brands Inc operates as a plant-based ready-to-eat food company. It distributes and sells plant-based frozen meals to grocery outlets and independent grocery stores throughout Canada. The company's segment includes Corporate; Snacks; Entrees and Appetizers. It generates maximum revenue from the Snacks segment.

Boosh Plant-Based Brands (Boosh Plant-Based Brands) Headlines

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