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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. Flux Power Holdings's Revenue for the three months ended in Dec. 2023 was $18.34 Mil. Flux Power Holdings's average Accounts Receivable for the three months ended in Dec. 2023 was $11.64 Mil. Hence, Flux Power Holdings's Receivables Turnover for the three months ended in Dec. 2023 was 1.58.
The historical data trend for Flux Power Holdings'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.
Flux Power Holdings Annual Data | |||||||||||||||||||||
Trend | Jun14 | Jun15 | Jun16 | Jun17 | Jun18 | Jun19 | Jun20 | Jun21 | Jun22 | Jun23 | |||||||||||
Receivables Turnover | Get a 7-Day Free Trial | 5.54 | 6.14 | 5.73 | 5.76 | 7.69 |
Flux Power Holdings Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Receivables Turnover | Get a 7-Day Free Trial | 1.56 | 1.48 | 1.76 | 1.53 | 1.58 |
For the Electrical Equipment & Parts subindustry, Flux Power Holdings'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.
For the Industrial Products industry and Industrials sector, Flux Power Holdings's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Flux Power Holdings's Receivables Turnover falls into.
Receivables Turnover measures the number of times a company collects its average accounts receivable balance.
Flux Power Holdings's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as
Receivables Turnover (A: Jun. 2023 ) | |||||||
= | Revenue | / | Average Total Inventories | ||||
= | Revenue (A: Jun. 2023 ) | / ( | (Accounts Receivable (A: Jun. 2022 ) | + | Accounts Receivable (A: Jun. 2023 )) | / | count ) |
= | 66.337 | / ( | (8.609 | + | 8.649) | / | 2 ) |
= | 66.337 | / | 8.629 | ||||
= | 7.69 |
Flux Power Holdings's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as
Receivables Turnover (Q: Dec. 2023 ) | |||||||
= | Revenue | / | Average Total Inventories | ||||
= | Revenue (Q: Dec. 2023 ) | / ( | (Accounts Receivable (Q: Sep. 2023 ) | + | Accounts Receivable (Q: Dec. 2023 )) | / | count ) |
= | 18.344 | / ( | (10.699 | + | 12.579) | / | 2 ) |
= | 18.344 | / | 11.639 | ||||
= | 1.58 |
* 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.
Flux Power Holdings (NAS:FLUX) 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.
Thank you for viewing the detailed overview of Flux Power Holdings's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
Jeffrey Curtis Mason | officer: Vice President of Operations | 2685 S MELROSE DR, VISTA CA 92081 |
Charles Scheiwe | officer: CFO & Secretary | 1135 BAJA WAY, SAN MARCOS CA 92078 |
Ronald F Dutt | officer: CFO | C/O SOLA INTERNATIONAL INC, 10590 W. OCEAN AIR DR. #300, SAN DIEGO CA 92130 |
Michael Johnson | 10 percent owner | 2240 AUTO PARK WAY, ESCONDIDO CA 92029 |
Esenjay Investments, Llc | 10 percent owner | 500 NORTH WATER ST., STE 1100 SOUTH, CORPUS CHRISTI TX 78401 |
Lisa Walters-hoffert | director | C/O DARE BIOSCIENCE, INC., 10210 CAMPUS POINT DRIVE, SUITE 150, SAN DIEGO CA 92121 |
Cheemin Bo-linn | director | 4555 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054 |
Jonathan Andrew Berry | officer: COO | 985 POINSETTIA AVE STE A, VISTA CA 92081 |
Cosentino John A Jr | director | C/O STURM RUGER & COMPANY INC, ONE LACEY PLACE, SOUTHPORT CT 06890 |
Dale Thomas Robinette | director | 15774 SUNSET DRIVE, POWAY CA 92064 |
Cleveland Capital Management, L.l.c. | 10 percent owner | 1250 LINDA ST., SUITE 304, ROCKY RIVER OH 44116 |
Wade Massad | 10 percent owner | 1414 AVENUE OF THE AMERICAS, NEW YORK NY 10019 |
Timothy Collins | director | 100 PINE STREET, SUITE 605, SAN FRANCISCO CA 94111 |
James Gevarges | 10 percent owner | 2240 AUTO PARK WAY, ESCONDIDO CA 92029 |
Christopher Lee Anthony | director, 10 percent owner, officer: Chairman, CEO, President | 2240 AUTO PARK WAY, ESCONDIDO CA 92029 |
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