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.
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.
Forge Innovation DevelopmentFGNV -89.00% Receivables Turnover is 0.11 as of Sep. 2025. The stock has 3 warning signs investors should review. Among 1,667 Real Estate companies, Forge Innovation Development ranks worse than 59.33% on this metric.
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. Forge Innovation Development's Revenue for the
three
months ended in Sep. 2025 was $0.02 Mil. Forge Innovation Development's average Accounts Receivable for the
three
months ended in Sep. 2025 was $0.14 Mil.
Hence, Forge Innovation Development's Receivables Turnover for the
three
months ended in Sep. 2025 was 0.11.
Forge Innovation Development (OTCPK:FGNV) 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.
Forge Innovation Development Receivables Turnover Related Terms
Forge Innovation Development Receivables Turnover Historical Data
* 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.
Forge Innovation Development Receivables Turnover Chart
FGNV vs AOXY, CBRE, BEKE: Receivables Turnover Comparison
For the Real Estate Services subindustry, Forge Innovation Development'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.
Forge Innovation Development Receivables Turnover vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Forge Innovation Development's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Forge Innovation Development's Receivables Turnover falls into.
* 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.
Forge Innovation Development (FGNV) has a Receivables Turnover of 0.11 as of Sep. 2025. 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 Forge Innovation Development and its competitors. According to the industry distribution chart, Forge Innovation Development ranks #989 out of 1667 companies in the Real Estate industry, placing it in the top 59.3%.
Is Forge Innovation Development's Receivables Turnover too high?
Forge Innovation Development's current Receivables Turnover is 0.11. The Real Estate industry median Receivables Turnover is 10.56. Forge Innovation Development's value of 0.11 is 99% below this industry median. Based on the distribution chart, Forge Innovation Development ranks #989 out of 1667 companies in the Real Estate industry, which is below the industry midpoint.
How does Forge Innovation Development's Receivables Turnover compare to AOXY and CBRE?
According to the Real Estate industry distribution chart, Forge Innovation Development ranks #989 out of 1667 companies for Receivables Turnover. This places Forge Innovation Development in the lower half of its industry. The industry median Receivables Turnover is 10.56. Forge Innovation Development's value of 0.11 is 99% 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 Real Estate company?
The median Receivables Turnover among Real Estate companies is 10.56, based on 1,667 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. Forge Innovation Development's current Receivables Turnover of 0.11 is 99% 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 Forge Innovation Development and its competitors. For the Real Estate industry, the median Receivables Turnover is 10.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forge Innovation Development's current Receivables Turnover is 0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forge Innovation Development stock overvalued right now?
Based on GuruFocus' analysis, Forge Innovation Development (FGNV) is currently considered Possible Value Trap. The stock's GF Value™ is $2.45, compared to a current price of $0.00 — trading 100% below its estimated fair value. The current Receivables Turnover is 0.11 and 99% below the Real Estate industry median of 10.56. 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 Forge Innovation Development (FGNV), the current Receivables Turnover is 0.11 as of Sep. 2025. 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.
Forge Innovation Development Corp is a real estate development company. The company is engaged in commercial and residential land development, including the purchase and sale of real estate, targeting properties in Southern California. Its primary business is to acquire land and develop and sell fully constructed homes and commercial property such as stores, offices, and private schools, among others to non-affiliated third parties. It also intends to invest its funds in income-yielding properties.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FGNV has been successfully added to your 
