Flame Acquisition (Flame Acquisition) Receivables Turnover : 0.00 (As of Mar. 2024)

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

What is Flame Acquisition 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. Flame Acquisition's Revenue for the three months ended in Mar. 2024 was $0.00 Mil. Flame Acquisition's average Accounts Receivable for the three months ended in Mar. 2024 was $0.00 Mil.

Flame Acquisition Receivables Turnover Historical Data

The historical data trend for Flame Acquisition'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.

Flame Acquisition Receivables Turnover Chart

Flame Acquisition Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Flame Acquisition Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial									-	-	-	-	-

Competitive Comparison of Flame Acquisition's Receivables Turnover

For the Oil & Gas Drilling subindustry, Flame Acquisition'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.

Flame Acquisition's Receivables Turnover Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Flame Acquisition's Receivables Turnover distribution charts can be found below:

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

Flame Acquisition Receivables Turnover Calculation

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

Flame Acquisition's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

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

Flame Acquisition's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Flame Acquisition (NYSE:FLME.U) 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.

Flame Acquisition Receivables Turnover Related Terms

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

Flame Acquisition (Flame Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Flame Acquisition Corp (NYSE:FLME.U) » Definitions » Receivables Turnover

Comparable Companies

GAQ LCW BCSA VCXB EVE SUAC VAQC CHEA HCMA ACRO PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA

Traded in Other Exchanges

FLME:USA

Address

700 Milam Street, Suite 3300, Houston, TX, USA, 77002

Website

https://www.flameacq.com

Flame Acquisition Corp is a blank check company.

Executives

Global Icav Pilgrim	10 percent owner	21-23 CITY QUAY, RIVERVIEW HOUSE, DUBLIN L2 D2
Pilgrim Global Advisors Llc	10 percent owner	4785 CAUGHLIN PARKWAY, RENO NV 89519
Darren Maupin	10 percent owner	C/O PILGRIM GLOBAL ADVISORS LLC, 4785 CAUGHLIN PARKWAY, RENO NV 89519
James C Flores	director, 10 percent owner, officer: CEO & President	P.O. BOX 1083, HOUSTON TX 77251
Christopher Binyon Sarofim	director	200 EAST RANDOLPH STREET, SUITE 3300, CHICAGO IL 60601
Gregory Phillip Pipkin	director	11227 SMITHDALE ROAD, HOUSTON TX 77024
Flame Acquisition Sponsor Llc	10 percent owner	C/O FLAME ACQUISITION CORP., 700 MILAM STREET, SUITE 3300, HOUSTON TX 77002
Gregory D. Patrinely	officer: CFO & Secretary	C/O FLAME ACQUISITION CORP., 700 MILAM STREET, SUITE 3300, HOUSTON TX 77002
Michael E. Dillard	director	C/O FLAME ACQUISITION CORP., 700 MILAM STREET, SUITE 3300, HOUSTON TX 77002

Flame Acquisition (Flame Acquisition) Headlines

From GuruFocus

Flame Acquisition Corp. Announces Business Combination Transaction

By Business Wire Business Wire • 11-02-2022

Flame Acquisition Corp. Announces Stockholder Approval of Extension Proposal

By Business Wire Business Wire • 03-01-2023

Flame Acquisition Corp. Receives Expected NYSE Notice Regarding Delayed Form 10-Q Filing

By Business Wire Business Wire • 06-01-2021

Could Insider Buying Signal that Flame Acquisition Corp Is Undervalued?

By GuruFocus Research GuruFocus Editor • 12-09-2022

Flame Acquisition Corp. Announces Stockholder Approval of Extension Proposal

By Business Wire • 08-31-2023