General Cannabis Corp Receivables Turnover Ratio (CANN), from the third quarter 2024 to the third quarter 2023 current and historic results, rankings and more - CSIMarket
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General Cannabis Corp  (NONE: CANN)
 

General Cannabis Accounts Receivables Turnover Ratio from the third quarter 2024 to the third quarter 2023

Quarterly Results, Trends, Rankings, Statistics


General Cannabis Corp's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the third quarter 2024 to a ratio of 102.03, above the company average. This is a clear sign of healthy business climate in the Pharmacy Services & Retail Drugstore industry and improving liquidity at their respective customers, during the third quarter 2024. Average receivable collection period, for the General Cannabis in Sep 30 2024 quarter, has decreased to 4 days, compared to 5 days, in the Jun 30 2024 quarter.

If we take a look into Retail sector 27 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 107, from overall ranking in the second quarter 2024 at 1658.

What is Receivable Turnover Ratio?
What is General Cannabis Corp Selling?


What is Receivable Turnover Ratio?





CANN Receivables Turnover Ratio (Sep 30 2024)
III. Quarter
(Jun 30 2024)
II. Quarter
(Mar 31 2024)
I. Quarter
(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
Y / Y Receivable Change -96.57 % 67.85 % 29.62 % 597.56 % 24.19 %
Y / Y Revenue Change -19.49 % -27.64 % -27.88 % 10.36 % 29.41 %
Receivable Turnover Ratio (TTM) 102.03 79.84 96.98 108.17 167.94
CANN's Total Ranking # 107 # 1658 # 107 # 91 #
Accounts Receivable average collection period days 4 5 4 3 2
Seq. Receivable Change -96.32 % 135.03 % -71.78 % 40.66 % 79.9 %
Seq. Revenue Change -10.27 % 0.09 % -3.43 % -7.17 % -19.35 %


Receivable Turnover Company Ranking
Within: No.
Pharmacy Services & Retail Drugstore Industry # 1
Retail Sector # 28
Overall Market # 107

Receivable Turnover Ratio Statistics
High Average Low
206.3 73.59 9.03
(Mar 31 2023)   (Sep 30 2018)






Financial Statements
General Cannabis's Accounts Receivable $ 0 Millions Visit CANN's Balance sheet
General Cannabis's Sales TTM $ 15 Millions Visit CANN's Income Statement
Sources of CANN's Revenues Visit CANN's Sales by Geography

Other Accounts Receivable Turnover Ratios
Pharmacy Services & Retail Drugstore Industry Accounts Receivable Turnover Trends and Statistics
Retail Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
CANN's Receivable Turnover Ratio versus Pharmacy Services & Retail Drugstore Industry, Retail Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

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



Companies with similar Receivables Turnover Ratio for the quarter ending Sep 30 2024, within Retail Sector Receivable Turnover Ratio Revenues for 12 Months ending Sep 30 2024 Receivable at quarter ending Sep 30 2024
Gigacloud Technology Inc  1,618.66 $ 1,109.997  Millions$ 0.686  Millions
Ollie s Bargain Outlet Holdings Inc   1,345.76 $ 2,251.797  Millions$ 1.673  Millions
Arhaus Inc   731.16 $ 1,268.376  Millions$ 1.735  Millions
Sportsman s Warehouse Holdings Inc   577.03 $ 1,227.629  Millions$ 2.128  Millions
Dollar General Corp  495.25 $ 40,164.906  Millions$ 81.100  Millions

Date modified: 2026-06-22T14:32:38+00:00



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