FLES (Auto Parts 4Less Group) Receivables Turnover: 0.00 (As of Oct. 2023)


FLES Auto Parts 4Less Group Inc FLES
12 GF Score
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What is Auto Parts 4Less Group Receivables Turnover?

Auto Parts 4Less Group FLES 12 Receivables Turnover is 0.00 as of Oct. 2023. GuruFocus rates FLES with a GF Score™ of 12/100.

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. Auto Parts 4Less Group's Revenue for the three months ended in Oct. 2023 was $0.14 Mil. Auto Parts 4Less Group's average Accounts Receivable for the three months ended in Oct. 2023 was $0.00 Mil.

Auto Parts 4Less Group  (OTCPK:FLES) 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.

Auto Parts 4Less Group Receivables Turnover Related Terms

Auto Parts 4Less Group Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Auto Parts 4Less 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.

Auto Parts 4Less Group Receivables Turnover Chart

Auto Parts 4Less Group Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Auto Parts 4Less Group Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 0.00 0.00 0.00 0.00 0.00

FLES vs REII, MBLY, APTV: Receivables Turnover Comparison

For the Auto Parts subindustry, Auto Parts 4Less 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.

Auto Parts 4Less Group Receivables Turnover vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Auto Parts 4Less Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Auto Parts 4Less Group's Receivables Turnover falls into.


FLES
12GF Score
Auto Parts 4Less Group Inc FLES
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Auto Parts 4Less Group Receivables Turnover Calculation

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

Auto Parts 4Less Group's Receivables Turnover for the fiscal year that ended in Jan. 2023 is calculated as

Receivables Turnover (A: Jan. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (A: Jan. 2023 ) / ((Accounts Receivable (A: Jan. 2022 ) + Accounts Receivable (A: Jan. 2023 )) / count )
=4.203 / ((0 + 0) / 1 )
=4.203 / 0
=N/A

Auto Parts 4Less Group's Receivables Turnover for the quarter that ended in Oct. 2023 is calculated as

Receivables Turnover (Q: Oct. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Oct. 2023 ) / ((Accounts Receivable (Q: Jul. 2023 ) + Accounts Receivable (Q: Oct. 2023 )) / count )
=0.144 / ((0 + 0) / 1 )
=0.144 / 0
=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?
Auto Parts 4Less Group (FLES) has a Receivables Turnover of 0.00 as of Oct. 2023. 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 Auto Parts 4Less Group and its competitors.
Is Auto Parts 4Less Group's Receivables Turnover too high?
Auto Parts 4Less Group's current Receivables Turnover is 0.00. Overall, Auto Parts 4Less Group has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Auto Parts 4Less Group's Receivables Turnover compare to REII and MBLY?
Auto Parts 4Less Group's Receivables Turnover of 0.00 can be compared against companies in the Vehicles & Parts industry. The industry median Receivables Turnover is 6.00. 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 Vehicles & Parts company?
The median Receivables Turnover among Vehicles & Parts companies is 6.00, based on 1,318 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 Auto Parts 4Less Group and its competitors. For the Vehicles & Parts industry, the median Receivables Turnover is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Auto Parts 4Less Group'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 Auto Parts 4Less Group stock overvalued right now?
Auto Parts 4Less Group (FLES) has a current Receivables Turnover of 0.00. The current Receivables Turnover is 0.00. Auto Parts 4Less Group's overall GF Score™ is 12/100. 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 Auto Parts 4Less Group (FLES), the current Receivables Turnover is 0.00 as of Oct. 2023. 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.

Auto Parts 4Less Group Business Description

Address 106 W. Mayflower, Las Vegas, NV, USA, 89030
Auto Parts 4Less Group Inc is an e-commerce auto parts sales company. It offers parts and accessories that are manufactured, sold, and distributed for cars, light trucks, and other passenger vehicles motorcycles, all-terrain vehicles, utility terrain vehicles, boats, and others.
12GF Score

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