Medicine Man Technologies Inc Receivables Turnover Ratio (MDCL), from the fourth quarter 2023 to the fourth quarter 2022 current and historic results, rankings and more - CSIMarket
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Medicine Man Technologies inc   (MDCL)
    Sector • Services    Industry • Consulting Services
   Industry • Consulting Services
   Sector • Services
 

Medicine Man Technologies Inc Accounts Receivables Turnover Ratio from the fourth quarter 2023 to the fourth quarter 2022

Quarterly Results, Trends, Rankings, Statistics


Medicine Man Technologies Inc 's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the fourth quarter 2023 to a ratio of 34.89, above the company average. This is a clear sign of healthy business climate in the Consulting Services industry and improving liquidity at their respective customers, during the fourth quarter 2023. Average receivable collection period, for the Medicine Man Technologies Inc in Dec 31 2023 quarter, has decreased to 10 days, compared to 11 days, in the Sep 30 2023 quarter.

If we take a look into Services sector 81 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 377, from overall ranking in the third quarter 2023 at 1821.

What is Receivable Turnover Ratio?
What is Medicine Man Technologies Inc Selling?


What is Receivable Turnover Ratio?





MDCL Receivables Turnover Ratio (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Receivable Change -4.71 % -2.44 % 7.4 % 9.38 % 7.24 %
Y / Y Revenue Change 7.91 % 19.32 % -5.97 % 26.17 % -1.14 %
Receivable Turnover Ratio (TTM) 34.89 33.9 32.06 33.27 32.29
MDCL's Total Ranking # 377 # 1821 # 175 # 1861 #
Accounts Receivable average collection period days 10 11 11 11 11
Seq. Receivable Change -15.62 % -18.28 % 34.63 % 2.64 % -13.6 %
Seq. Revenue Change -15.49 % 23.47 % 6.37 % -2.78 % -6.56 %


Receivable Turnover Company Ranking
Within: No.
Consulting Services Industry # 3
Services Sector # 82
Overall Market # 377

Receivable Turnover Ratio Statistics
High Average Low
42.56 21.71 0.53
(Dec 31 2023)   (Sep 30 2017)






Financial Statements
Medicine Man Technologies Inc 's Accounts Receivable $ 4 Millions Visit MDCL's Balance sheet
Medicine Man Technologies Inc 's Sales TTM $ 175 Millions Visit MDCL's Income Statement
Sources of MDCL's Revenues Visit MDCL's Sales by Geography

Other Accounts Receivable Turnover Ratios
Consulting Services Industry Accounts Receivable Turnover Trends and Statistics
Services Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
MDCL's Receivable Turnover Ratio versus Consulting Services Industry, Services Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

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



Companies with similar Receivables Turnover Ratio for the quarter ending Dec 31 2023, within Services Sector Receivable Turnover Ratio Revenues for 12 Months ending Dec 31 2023 Receivable at quarter ending Dec 31 2023
Burgerfi International Inc   112.93 $ 170.100  Millions$ 1.506  Millions
Cracker Barrel Old Country Store inc   109.55 $ 3,428.661  Millions$ 31.299  Millions
Codere Online Luxembourg S a   109.38 $ 174.847  Millions$ 1.598  Millions
The Real Brokerage Inc   107.00 $ 689.158  Millions$ 6.441  Millions
Carrols Restaurant Group Inc   106.51 $ 1,876.504  Millions$ 17.619  Millions
Marti Technologies Inc  106.34 $ 20.030  Millions$ 0.188  Millions
Dutch Bros Inc   106.08 $ 965.776  Millions$ 9.104  Millions
Accel Entertainment Inc   105.72 $ 1,170.420  Millions$ 11.071  Millions
Saga Communications inc  105.44 $ 112.773  Millions$ 1.070  Millions
Sunrise Real Estate Group Inc  103.99 $ 24.834  Millions$ 0.239  Millions
Aircastle Limited  102.91 $ 1,262.494  Millions$ 12.269  Millions
Aercap Holdings n v   102.90 $ 7,580.418  Millions$ 73.667  Millions
Dave and Buster s Entertainment Inc   102.81 $ 2,205.300  Millions$ 21.450  Millions
Noodles and Company  102.54 $ 503.405  Millions$ 4.909  Millions
Ata Creativity Global  99.47 $ 31.320  Millions$ 0.315  Millions
Mercadolibre Inc   99.22 $ 15,107.000  Millions$ 152.250  Millions
Comstock Holding Companies Inc   97.01 $ 44.721  Millions$ 0.461  Millions
Payoneer Global Inc   92.24 $ 831.103  Millions$ 9.010  Millions
Fathom Holdings Inc   90.78 $ 345.226  Millions$ 3.803  Millions
Jianzhi Education Technology Group Company Limited  89.69 $ 62.048  Millions$ 0.692  Millions
Sweetgreen Inc   88.92 $ 584.041  Millions$ 6.568  Millions
Red Robin Gourmet Burgers inc   88.86 $ 1,303.046  Millions$ 14.663  Millions
New England Realty Associates Limited Partnership  86.24 $ 74.481  Millions$ 0.864  Millions
Ryvyl Inc   85.96 $ 65.869  Millions$ 0.766  Millions
Psq Holdings Inc   83.46 $ 5.686  Millions$ 0.068  Millions
Genius Sports Limited  80.41 $ 412.977  Millions$ 5.136  Millions
Vacasa Inc   79.64 $ 1,117.950  Millions$ 14.038  Millions
El Pollo Loco Holdings Inc   74.02 $ 805.229  Millions$ 10.878  Millions
Shake Shack Inc   73.43 $ 1,087.533  Millions$ 14.811  Millions
Paid Inc  73.39 $ 15.786  Millions$ 0.215  Millions

Date modified: 2026-10-07T00:41:52+00:00



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