Franchise Services of North America (Franchise Services of North America) Receivables Turnover : 1.62 (As of Mar. 2017)

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What is Franchise Services of North America 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. Franchise Services of North America's Revenue for the three months ended in Mar. 2017 was $2.58 Mil. Franchise Services of North America's average Accounts Receivable for the three months ended in Mar. 2017 was $1.59 Mil. Hence, Franchise Services of North America's Receivables Turnover for the three months ended in Mar. 2017 was 1.62.

Franchise Services of North America Receivables Turnover Historical Data

The historical data trend for Franchise Services of North America'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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Franchise Services of North America Receivables Turnover Chart

Franchise Services of North America Annual Data

Trend

Sep07

Sep08

Sep09

Sep10

Sep11

Sep12

Sep13

Sep14

Sep15

Sep16

Receivables Turnover

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9.14

78.79

6.60

13.25

7.70

Franchise Services of North America Quarterly Data
	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17
Receivables Turnover	Get a 7-Day Free Trial															2.29	2.61	1.89	1.51	1.62

Competitive Comparison of Franchise Services of North America's Receivables Turnover

For the Rental & Leasing Services subindustry, Franchise Services of North America'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.

Franchise Services of North America's Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Franchise Services of North America's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Franchise Services of North America's Receivables Turnover falls into.

Franchise Services of North America Receivables Turnover Calculation

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

Franchise Services of North America's Receivables Turnover for the fiscal year that ended in Sep. 2016 is calculated as

	Receivables Turnover (A: Sep. 2016 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Sep. 2016 )	/ (	(Accounts Receivable (A: Sep. 2015 )	+	Accounts Receivable (A: Sep. 2016 ))	/	count )
=	9.627	/ (	(0.676	+	1.824)	/	2 )
=	9.627	/	1.25
=	7.70

Franchise Services of North America's Receivables Turnover for the quarter that ended in Mar. 2017 is calculated as

	Receivables Turnover (Q: Mar. 2017 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2017 )	/ (	(Accounts Receivable (Q: Dec. 2016 )	+	Accounts Receivable (Q: Mar. 2017 ))	/	count )
=	2.58	/ (	(1.59	+	1.59)	/	2 )
=	2.58	/	1.59
=	1.62

Franchise Services of North America (OTCPK:FCHAF) 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.

Franchise Services of North America Receivables Turnover Related Terms

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Franchise Services of North America (Franchise Services of North America) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Franchise Services of North America Inc (OTCPK:FCHAF) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

1052 Highland Colony Parkway, Suite 204, Ridgeland, MS, USA, 39157

Website

http://www.fsna-inc.com

Franchise Services of North America Inc is a car rental franchisor in North America. The firm operates in the car, van and light truck rental space, alongside a range of insurance products, both business and personal, to its franchisees, the automobile industry, and consumers. It operates through its subsidiary, U-Save Auto Rental of America Inc. (U-Save). Its segments include Franchise, Insurance and Other. The Franchise segment is engaged in franchising to operate U-Save Auto Rental businesses in the United States. The Insurance segment which generates majority revenue is engaged in providing franchisees and independent auto rental operators with financial services related to insurance products in the United States.

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