American Cannabis Company Inc 's ability to collect accounts receivable sequentially worsen to 9.21, pointing to a challenging and on top of that deteriorating business climate for the Legal Cannabis industry. American Cannabis Inc 's Accounts Receivable average collection period in the Jun 30 2024 quarter, has increased to 40 days, from 38 days, in the Mar 31 2024 quarter.

If we take a look into Consumer Non Cyclical sector 105 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Jun 30 2024 from 1283 to 1398.

What is Receivable Turnover Ratio?
What is American Cannabis Company Inc Selling?

What is Receivable Turnover Ratio?

Select the Comparisons :

None ▼

Select the Ratio:

Accounts Receivables Turnover▼

None ▼

Accounts Receivables Turnover▼

Download as CSV

Commercial Data Licensing & OEM

Annual commercial subscriptions for corporate use, internal BI systems, management reporting, AI integration, and client-facing platforms

API & Data Feeds

Programmatic access to normalized fundamentals & ratios.

AMMJ Receivables Turnover Ratio	(Jun 30 2024) II. Quarter	(Mar 31 2024) I. Quarter	(Dec 31 2023) IV. Quarter	(Sep 30 2023) III. Quarter	(Jun 30 2023) II. Quarter
Y / Y Receivable Change	-53.42 %	-65.97 %	-50.05 %	-22.1 %	42.77 %
Y / Y Revenue Change	-49.35 %	-64.1 %	-97.25 %	-71.75 %	-82.03 %
Receivable Turnover Ratio (TTM)	9.21	9.49	9.13	40.88	43.6
AMMJ's Total Ranking	# 1398	# 1283	# 1241	# 1773	# 1904
Accounts Receivable average collection period days	40	38	40	9	8
Seq. Receivable Change	13.16 %	-48.48 %	15.73 %	-30.96 %	-17.33 %
Seq. Revenue Change	68.89 %	-17.82 %	-48.13 %	-29.65 %	19.7 %

Receivable Turnover Company Ranking
Within:	No.
Legal Cannabis Industry	# 15
Consumer Non Cyclical Sector	# 106
Overall Market	# 1398

Receivable Turnover Ratio Statistics
High	Average	Low
90.6	23.87	-26.33
(Dec 31 2021)		(Jun 30 2015)

AMMJ Company Profile • Back to AMMJ Efficiency Comparisons • Compare AMMJ Receivables Turnover Ratio to its Competitors

Financial Statements
American Cannabis Inc 's Accounts Receivable	$ 0 Millions	Visit AMMJ's Balance sheet
American Cannabis Inc 's Sales TTM	$ 2 Millions	Visit AMMJ's Income Statement
Sources of AMMJ's Revenues		Visit AMMJ's Sales by Geography

Other Accounts Receivable Turnover Ratios
Legal Cannabis Industry Accounts Receivable Turnover Trends and Statistics
Consumer Non Cyclical Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
AMMJ's Receivable Turnover Ratio versus Legal Cannabis Industry, Consumer Non Cyclical Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

You may also want to know
AMMJ's Growth Rates	AMMJ's Roa	AMMJ's Inventory Turnover Ratio	AMMJ's Dividend Comparisons
AMMJ's Profitability Ratios	AMMJ's Roi	AMMJ's Asset Turnover Ratio	AMMJ's Dividend Growth
AMMJ's Valuation Ratios	AMMJ's Roe	AMMJ's Financial Strength Ratios	AMMJ's Dividend Payout Ratio

Companies with similar Receivables Turnover Ratio for the quarter ending Jun 30 2024, within Consumer Non Cyclical Sector	Receivable Turnover Ratio	Revenues for 12 Months ending Jun 30 2024	Receivable at quarter ending Jun 30 2024
Dole Plc	30.66	$ 14,533.307 Millions	$ 473.991 Millions
Cea Industries Inc	29.83	$ 2.561 Millions	$ 0.086 Millions
Bonk Inc	23.30	$ 1.026 Millions	$ 0.044 Millions
Bunge Global Sa	23.11	$ 55,821.000 Millions	$ 2,415.750 Millions
Laird Superfood Inc	22.64	$ 36.466 Millions	$ 1.611 Millions
The Boston Beer Company Inc	22.45	$ 2,000.471 Millions	$ 89.126 Millions
Tyson Foods Inc	22.39	$ 53,092.000 Millions	$ 2,371.500 Millions
Biote Corp	22.29	$ 187.233 Millions	$ 8.399 Millions
Fitlife Brands Inc	22.05	$ 45.436 Millions	$ 2.060 Millions
Cirtran Corporation	21.94	$ 1.764 Millions	$ 0.080 Millions
Archer daniels midland Co	20.60	$ 88,768.000 Millions	$ 4,308.750 Millions
Educational Development Corporation	20.33	$ 46.500 Millions	$ 2.287 Millions
Cbdmd Inc	20.12	$ 20.637 Millions	$ 1.026 Millions
Treehouse Foods Inc	18.85	$ 3,301.800 Millions	$ 175.125 Millions
Edgewell Personal Care Company	18.01	$ 2,270.200 Millions	$ 126.075 Millions
The Marzetti Company	17.28	$ 1,871.302 Millions	$ 108.310 Millions
Andersons Inc	16.35	$ 12,362.113 Millions	$ 756.123 Millions
Pilgrim s Pride Corporation	16.28	$ 17,808.217 Millions	$ 1,093.973 Millions
Brc Inc	16.20	$ 407.196 Millions	$ 25.131 Millions
Naturalshrimp Incorporated	16.05	$ 0.277 Millions	$ 0.017 Millions
Upexi Inc	15.93	$ 81.434 Millions	$ 5.112 Millions
Hormel Foods Corporation	15.42	$ 11,980.712 Millions	$ 777.076 Millions
South Dakota Soybean Processors Llc	15.40	$ 642.358 Millions	$ 41.705 Millions
China Foods Holdings Ltd	15.21	$ 0.167 Millions	$ 0.011 Millions
Seneca Foods Corporation	14.75	$ 1,464.666 Millions	$ 99.308 Millions
The Campbells Company	14.61	$ 9,636.000 Millions	$ 659.750 Millions
Accredited Solutions Inc	14.41	$ 0.522 Millions	$ 0.036 Millions
Post Holdings Inc	14.26	$ 7,858.000 Millions	$ 551.125 Millions
Flowers Foods Inc	14.22	$ 5,130.088 Millions	$ 360.674 Millions
Sanfilippo John B and Son Inc	14.14	$ 1,066.783 Millions	$ 75.424 Millions

Date modified: 2026-06-22T14:32:39+00:00

Help

About us

Products

Data downloads

API

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com

Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.