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Function(x) (Function(x)) Receivables Turnover : 2.16 (As of Dec. 2016)


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What is Function(x) 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. Function(x)'s Revenue for the three months ended in Dec. 2016 was $1.22 Mil. Function(x)'s average Accounts Receivable for the three months ended in Dec. 2016 was $0.56 Mil. Hence, Function(x)'s Receivables Turnover for the three months ended in Dec. 2016 was 2.16.


Function(x) Receivables Turnover Historical Data

The historical data trend for Function(x)'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.

Function(x) Receivables Turnover Chart

Function(x) Annual Data
Trend Dec01 Dec02 Dec09 Dec10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.39 6.58 5.32 2.36 7.88

Function(x) Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 0.91 1.61 1.86 1.91 2.16

Competitive Comparison of Function(x)'s Receivables Turnover

For the Electronic Gaming & Multimedia subindustry, Function(x)'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.


Function(x)'s Receivables Turnover Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Function(x)'s Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Function(x)'s Receivables Turnover falls into.



Function(x) Receivables Turnover Calculation

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

Function(x)'s Receivables Turnover for the fiscal year that ended in Jun. 2016 is calculated as

Receivables Turnover (A: Jun. 2016 )
=Revenue / Average Total Inventories
=Revenue (A: Jun. 2016 ) / ((Accounts Receivable (A: Jun. 2015 ) + Accounts Receivable (A: Jun. 2016 )) / count )
=4.509 / ((0.838 + 0.307) / 2 )
=4.509 / 0.5725
=7.88

Function(x)'s Receivables Turnover for the quarter that ended in Dec. 2016 is calculated as

Receivables Turnover (Q: Dec. 2016 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2016 ) / ((Accounts Receivable (Q: Sep. 2016 ) + Accounts Receivable (Q: Dec. 2016 )) / count )
=1.215 / ((0.383 + 0.742) / 2 )
=1.215 / 0.5625
=2.16

* 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.


Function(x)  (OTCPK:FNCX) 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.


Function(x) Receivables Turnover Related Terms

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Function(x) (Function(x)) Business Description

Traded in Other Exchanges
N/A
Address
Function(x) Inc operates several digital media properties including online destination for entertainment news for millennial women covering the latest in television, music, and pop culture. The company operates through three segments namely Wetpaint, Choose digital, and DDGG. Its Wetpaint segment publishes original news stories and information content covering top television shows, music, celebrities, entertainment news and fashion. The Choose digital segment features recent and range of digital content, including music, movies, television shows, e-books, and audiobooks. Its DDGG segment enables users to draft a fantasy sports team within a salary cap, follow the game action and reap rewards.
Executives
Peter Horan director C/O TREE.COM, INC., 11115 RUSHMORE DRIVE, CHARLOTTE NC 28277
John Miller director STARVEST MANAGEMENT, 750 LEXINGTON AVENUE, NEW YORK NY 10022
Adage Capital Partners Gp, L.l.c. 10 percent owner 200 CLARENDON STREET, 52ND FLOOR, BOSTON MA 02116

Function(x) (Function(x)) Headlines

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