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Fortitude Group (Fortitude Group) Receivables Turnover : 0.00 (As of Sep. 2010)


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What is Fortitude Group 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. Fortitude Group's Revenue for the three months ended in Sep. 2010 was $0.00 Mil. Fortitude Group's average Accounts Receivable for the three months ended in Sep. 2010 was $0.00 Mil.


Fortitude Group Receivables Turnover Historical Data

The historical data trend for Fortitude Group'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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Fortitude Group Receivables Turnover Chart

Fortitude Group Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Receivables Turnover
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Fortitude Group Quarterly Data
Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10
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Competitive Comparison of Fortitude Group's Receivables Turnover

For the Asset Management subindustry, Fortitude Group'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.


Fortitude Group's Receivables Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Fortitude Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Fortitude Group's Receivables Turnover falls into.



Fortitude Group Receivables Turnover Calculation

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

Fortitude Group's Receivables Turnover for the fiscal year that ended in Dec. 2009 is calculated as

Receivables Turnover (A: Dec. 2009 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2009 ) / ((Accounts Receivable (A: Dec. 2008 ) + Accounts Receivable (A: Dec. 2009 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Fortitude Group's Receivables Turnover for the quarter that ended in Sep. 2010 is calculated as

Receivables Turnover (Q: Sep. 2010 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2010 ) / ((Accounts Receivable (Q: Jun. 2010 ) + Accounts Receivable (Q: Sep. 2010 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

* 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.


Fortitude Group  (OTCPK:FRTD) 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.


Fortitude Group Receivables Turnover Related Terms

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Fortitude Group (Fortitude Group) Business Description

Traded in Other Exchanges
N/A
Address
1001 State Street, Erie, PA, USA, 16501
Fortitude Group Inc is a diversified investment company. It invests in multiple sectors of the economy targeting joint ventures, wholly owned subsidiaries and or majority/minority positions that cross various market segments with the goal of creating a quality company that builds intrinsic value for its shareholders.

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