Freedom Internet Group (Freedom Internet Group) Receivables Turnover : 0.00 (As of Jan. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Freedom Internet 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. Freedom Internet Group's Revenue for the three months ended in Jan. 2023 was $0.02 Mil. Freedom Internet Group's average Accounts Receivable for the three months ended in Jan. 2023 was $0.00 Mil.

Freedom Internet Group Receivables Turnover Historical Data

The historical data trend for Freedom Internet 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.

* Premium members only.

Freedom Internet Group Receivables Turnover Chart

Freedom Internet Group Annual Data

Trend

Oct19

Oct20

Oct21

Oct22

Receivables Turnover

Freedom Internet Group Quarterly Data
	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23
Receivables Turnover	Get a 7-Day Free Trial									-	-	-	-	-

Competitive Comparison of Freedom Internet Group's Receivables Turnover

For the Asset Management subindustry, Freedom Internet 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.

Freedom Internet Group's Receivables Turnover Distribution in the Asset Management Industry

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

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

Freedom Internet Group Receivables Turnover Calculation

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

Freedom Internet Group's Receivables Turnover for the fiscal year that ended in Oct. 2022 is calculated as

	Receivables Turnover (A: Oct. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Oct. 2022 )	/ (	(Accounts Receivable (A: Oct. 2021 )	+	Accounts Receivable (A: Oct. 2022 ))	/	count )
=	0.051	/ (	(0	+	0)	/	1 )
=	0.051	/	0
=	N/A

Freedom Internet Group's Receivables Turnover for the quarter that ended in Jan. 2023 is calculated as

	Receivables Turnover (Q: Jan. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jan. 2023 )	/ (	(Accounts Receivable (Q: Oct. 2022 )	+	Accounts Receivable (Q: Jan. 2023 ))	/	count )
=	0.02	/ (	(0	+	0)	/	1 )
=	0.02	/	0
=	N/A

Freedom Internet Group (OTCPK:FIGI) 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.

Freedom Internet Group Receivables Turnover Related Terms

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

Freedom Internet Group (Freedom Internet Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Freedom Internet Group Inc (OTCPK:FIGI) » Definitions » Receivables Turnover

Comparable Companies

NISN AHG LMFA PT BWMY DXF SNTG JT WEIDY AIHS V MA AXP PYPL COF BOM:500034 DFS TSE:8591 SYF ALLY

Traded in Other Exchanges

N/A

Address

151 Calle San Francisco, Suite 200, San Juan, PRI, 00901

Website

https://www.figiroyalty.com

Freedom Internet Group Inc is engaged in the business of acquiring, holding, and managing royalty interests derived from Internet-based businesses, referred to as operators. The purchase of royalty interests by a company enables entrepreneurs to raise non-dilutive capital and retain control of their businesses. The company generates revenue from physical or digital product sales, subscriptions, and advertising.

Executives

Noah Rosenfarb	director, 10 percent owner, officer: CFO	12178 NW 69TH CT PARKLAND FL 33076
Ronald Rosenfarb	director, officer: COO	4123 ISLA VERDE AVE APT 1505 CAROLINA PR 00979
Alton Chapman	director, 10 percent owner, officer: CEO	3460 KINGSBORO RD NE APT 640 ATLANTA GA 30326

Freedom Internet Group (Freedom Internet Group) Headlines

No Headlines