Foodfest International 2000 (Foodfest International 2000) Receivables Turnover : 2.43 (As of Sep. 2011)

View and export this data going back to 2008. Start your Free Trial

What is Foodfest International 2000 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. Foodfest International 2000's Revenue for the three months ended in Sep. 2011 was $3.40 Mil. Foodfest International 2000's average Accounts Receivable for the three months ended in Sep. 2011 was $1.40 Mil. Hence, Foodfest International 2000's Receivables Turnover for the three months ended in Sep. 2011 was 2.43.

Foodfest International 2000 Receivables Turnover Historical Data

The historical data trend for Foodfest International 2000'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.

* Premium members only.

Foodfest International 2000 Receivables Turnover Chart

Foodfest International 2000 Annual Data

Trend

Oct06

Oct07

Oct08

Oct09

Receivables Turnover

2.03

0.94

0.14

Foodfest International 2000 Quarterly Data
	Jan07	Apr07	Jul07	Oct07	Jan08	Apr08	Jul08	Oct08	Jan09	Apr09	Jul09	Oct09	Jan10	Apr10	Jul10	Dec10	Mar11	Jun11	Sep11
Receivables Turnover	Get a 7-Day Free Trial														-	2.37	2.21	2.07	2.43

Competitive Comparison of Foodfest International 2000's Receivables Turnover

For the Shell Companies subindustry, Foodfest International 2000'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.

Foodfest International 2000's Receivables Turnover Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Foodfest International 2000's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Foodfest International 2000's Receivables Turnover falls into.

Foodfest International 2000 Receivables Turnover Calculation

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

Foodfest International 2000's Receivables Turnover for the fiscal year that ended in Oct. 2009 is calculated as

	Receivables Turnover (A: Oct. 2009 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Oct. 2009 )	/ (	(Accounts Receivable (A: Oct. 2008 )	+	Accounts Receivable (A: Oct. 2009 ))	/	count )
=	0.074	/ (	(0.542	+	0)	/	1 )
=	0.074	/	0.542
=	0.14

Foodfest International 2000's Receivables Turnover for the quarter that ended in Sep. 2011 is calculated as

	Receivables Turnover (Q: Sep. 2011 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2011 )	/ (	(Accounts Receivable (Q: Jun. 2011 )	+	Accounts Receivable (Q: Sep. 2011 ))	/	count )
=	3.401	/ (	(1.56	+	1.242)	/	2 )
=	3.401	/	1.401
=	2.43

Foodfest International 2000 (OTCPK:FDFT) 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.

Foodfest International 2000 Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Foodfest International 2000's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Foodfest International 2000 (Foodfest International 2000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Foodfest International 2000 Inc (OTCPK:FDFT) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

1016 9th Street, Coronado, CA, USA, 92118

Website

http://www.foodfestinternational2000.com

Foodfest International 2000 Inc currently has no operations.

Foodfest International 2000 (Foodfest International 2000) Headlines

No Headlines