Fuling Global (Fuling Global) Receivables Turnover : 3.20 (As of Dec. 2019)

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What is Fuling Global 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. Fuling Global's Revenue for the six months ended in Dec. 2019 was $80.3 Mil. Fuling Global's average Accounts Receivable for the six months ended in Dec. 2019 was $25.1 Mil. Hence, Fuling Global's Receivables Turnover for the six months ended in Dec. 2019 was 3.20.

Fuling Global Receivables Turnover Historical Data

The historical data trend for Fuling Global'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.

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Fuling Global Receivables Turnover Chart

Fuling Global Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Receivables Turnover

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6.58

5.74

5.67

5.47

5.86

Fuling Global Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19
Receivables Turnover	Get a 7-Day Free Trial								3.12	2.86	2.79	2.62	3.20

Competitive Comparison of Fuling Global's Receivables Turnover

For the Furnishings, Fixtures & Appliances subindustry, Fuling Global'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.

Fuling Global's Receivables Turnover Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Fuling Global's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Fuling Global's Receivables Turnover falls into.

Fuling Global Receivables Turnover Calculation

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

Fuling Global's Receivables Turnover for the fiscal year that ended in Dec. 2019 is calculated as

	Receivables Turnover (A: Dec. 2019 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2019 )	/ (	(Accounts Receivable (A: Dec. 2018 )	+	Accounts Receivable (A: Dec. 2019 ))	/	count )
=	151.113	/ (	(27.761	+	23.829)	/	2 )
=	151.113	/	25.795
=	5.86

Fuling Global's Receivables Turnover for the quarter that ended in Dec. 2019 is calculated as

	Receivables Turnover (Q: Dec. 2019 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2019 )	/ (	(Accounts Receivable (Q: Jun. 2019 )	+	Accounts Receivable (Q: Dec. 2019 ))	/	count )
=	80.251	/ (	(26.325	+	23.829)	/	2 )
=	80.251	/	25.077
=	3.20

Fuling Global (NAS:FORK) 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.

Fuling Global Receivables Turnover Related Terms

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Fuling Global (Fuling Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Fuling Global Inc (NAS:FORK) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 88, Jintang South Avenue, East New District, Zhejiang Province, Wenling, CHN, 317509

Website

http://www.fulingplastics.com

Fuling Global Inc is engaged in producing environmental-friendly plastic tableware. The company product categories include cutlery; portion cup; container; cups; plate and bowl and others. It generates maximum revenue from Cutlery products followed by Cups and plates. Geographically, it derives a majority of revenue from the United States and also has a presence in Europe; Canada; China and other countries.