FAME (Flamemaster) Receivables Turnover: 1.79 (As of Mar. 2005)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Flamemaster Receivables Turnover?

Flamemaster FAME Receivables Turnover is 1.79 as of Mar. 2005.

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. Flamemaster's Revenue for the three months ended in Mar. 2005 was $1.26 Mil. Flamemaster's average Accounts Receivable for the three months ended in Mar. 2005 was $0.70 Mil. Hence, Flamemaster's Receivables Turnover for the three months ended in Mar. 2005 was 1.79.

Flamemaster  (OTCPK:FAME) 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.

Flamemaster Receivables Turnover Related Terms

Flamemaster Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Flamemaster'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.

Flamemaster Receivables Turnover Chart

Flamemaster Annual Data
Trend Sep95 Sep96 Sep97 Sep98 Sep99 Sep00 Sep01 Sep02 Sep03 Sep04
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 5.38 7.72 9.97 8.54

Flamemaster Quarterly Data
Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.10 2.07 1.93 1.70 1.79

Flamemaster Receivables Turnover Competitor Comparison

For the Specialty Chemicals subindustry, Flamemaster'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.

Flamemaster Receivables Turnover vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Flamemaster's Receivables Turnover distribution charts can be found below:

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


Flamemaster Receivables Turnover Calculation

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

Flamemaster's Receivables Turnover for the fiscal year that ended in Sep. 2004 is calculated as

Receivables Turnover (A: Sep. 2004 )
=Revenue / Average Accounts Receivable
=Revenue (A: Sep. 2004 ) / ((Accounts Receivable (A: Sep. 2003 ) + Accounts Receivable (A: Sep. 2004 )) / count )
=5.036 / ((0.489 + 0.691) / 2 )
=5.036 / 0.59
=8.54

Flamemaster's Receivables Turnover for the quarter that ended in Mar. 2005 is calculated as

Receivables Turnover (Q: Mar. 2005 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2005 ) / ((Accounts Receivable (Q: Dec. 2004 ) + Accounts Receivable (Q: Mar. 2005 )) / count )
=1.258 / ((0.643 + 0.761) / 2 )
=1.258 / 0.702
=1.79

* 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 1.79 mean?
Flamemaster (FAME) has a Receivables Turnover of 1.79 as of Mar. 2005. 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 Flamemaster and its competitors.
Is Flamemaster's Receivables Turnover too high?
Flamemaster's current Receivables Turnover is 1.79. The Chemicals industry median Receivables Turnover is 5.57. Flamemaster's value of 1.79 is 67.9% below this industry median.
How does Flamemaster's Receivables Turnover compare to competitors?
Flamemaster's Receivables Turnover of 1.79 can be compared against companies in the Chemicals industry. The industry median Receivables Turnover is 5.57. Flamemaster's value of 1.79 is 67.9% below this benchmark. 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 Chemicals company?
The median Receivables Turnover among Chemicals companies is 5.57, based on 1,576 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. Flamemaster's current Receivables Turnover of 1.79 is 67.9% below the industry median. 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 Flamemaster and its competitors. For the Chemicals industry, the median Receivables Turnover is 5.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flamemaster's current Receivables Turnover is 1.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flamemaster stock overvalued right now?
Flamemaster (FAME) has a current Receivables Turnover of 1.79. The current Receivables Turnover is 1.79 and 67.9% below the Chemicals industry median of 5.57. 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 Flamemaster (FAME), the current Receivables Turnover is 1.79 as of Mar. 2005. 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.

Flamemaster Business Description

Address 13576 Desmond Street, Pacoima, CA, USA, 91331-2315
Flamemaster Corp manufactures sealants, adhesives, ablative and heat-resistant coatings and electrical cable fire retardant coatings. Its products include Sealants and Coatings.