Forte Energy NL (ASX:FTE) Receivables Turnover: 0.00 (As of Dec. 2016)

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What is Forte Energy NL Receivables Turnover?

Forte Energy NL ASX:FTE Receivables Turnover is 0.00 as of Dec. 2016. The stock has 6 warning signs investors should review.

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. Forte Energy NL's Revenue for the six months ended in Dec. 2016 was A$0.00 Mil. Forte Energy NL's average Accounts Receivable for the six months ended in Dec. 2016 was A$0.11 Mil.


Forte Energy NL  (ASX:FTE) 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.


Forte Energy NL Receivables Turnover Related Terms


Forte Energy NL Receivables Turnover Historical Data

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The historical data trend for Forte Energy NL'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.

Forte Energy NL Receivables Turnover Chart

Forte Energy NL Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.39 0.33 0.00 0.00 0.50

Forte Energy NL Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

ASX:FTE vs ZIMCF, MCCX, INTV: Receivables Turnover Comparison

For the Software - Application subindustry, Forte Energy NL'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.


Forte Energy NL Receivables Turnover vs Software Industry

For the Software industry and Technology sector, Forte Energy NL's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Forte Energy NL's Receivables Turnover falls into.



Forte Energy NL Receivables Turnover Calculation

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

Forte Energy NL's Receivables Turnover for the fiscal year that ended in Jun. 2016 is calculated as

Receivables Turnover (A: Jun. 2016 )
=Revenue / Average Accounts Receivable
=Revenue (A: Jun. 2016 ) / ((Accounts Receivable (A: Jun. 2015 ) + Accounts Receivable (A: Jun. 2016 )) / count )
=0.001 / ((0 + 0.002) / 1 )
=0.001 / 0.002
=0.50

Forte Energy NL's Receivables Turnover for the quarter that ended in Dec. 2016 is calculated as

Receivables Turnover (Q: Dec. 2016 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2016 ) / ((Accounts Receivable (Q: Jun. 2016 ) + Accounts Receivable (Q: Dec. 2016 )) / count )
=0 / ((0.002 + 0.211) / 2 )
=0 / 0.1065
=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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 0.00 mean?
Forte Energy NL (ASX:FTE) has a Receivables Turnover of 0.00 as of Dec. 2016. The accounts 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. View historical data on Forte Energy NL and its competitors.
Is Forte Energy NL's Receivables Turnover too high?
Forte Energy NL's current Receivables Turnover is 0.00.
How does Forte Energy NL's Receivables Turnover compare to ZIMCF and MCCX?
Forte Energy NL's Receivables Turnover of 0.00 can be compared against companies in the Software industry. The industry median Receivables Turnover is 5.72. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Software company?
The median Receivables Turnover among Software companies is 5.72, based on 2,777 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Forte Energy NL and its competitors. For the Software industry, the median Receivables Turnover is 5.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forte Energy NL's current Receivables Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forte Energy NL stock overvalued right now?
Forte Energy NL (ASX:FTE) has a current Receivables Turnover of 0.00. The current Receivables Turnover is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Forte Energy NL (ASX:FTE), the current Receivables Turnover is 0.00 as of Dec. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Forte Energy NL Business Description

BOS Global Holdings Ltd is an Australian software company which focuses on creating enterprise productivity solutions for the global workforce market. Its products include BOS360 Work Patterns, BOSMeet, BOSTime, and BOSAutomate. The BOS360 Work Patterns captures a digital footprint of worker's activity and presents it in a visual and powerful format that offers awareness driving efficiency and productive behavior; the BOSMeet is meeting management software; the BOSTime is automatic time an activity tracker; and the BOSAutomate is a complete document and records management suite which offers document management and electronic records management. The company serves its customer in Australia, Asia, UK, Europe and North America.