Fabryki Mebli Forte (FRA:1U7) Receivables Turnover : 1.96 (As of Dec. 2024)

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What is Fabryki Mebli Forte 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. Fabryki Mebli Forte's Revenue for the three months ended in Dec. 2024 was €69.0 Mil. Fabryki Mebli Forte's average Accounts Receivable for the three months ended in Dec. 2024 was €35.2 Mil. Hence, Fabryki Mebli Forte's Receivables Turnover for the three months ended in Dec. 2024 was 1.96.

Fabryki Mebli Forte Receivables Turnover Historical Data

The historical data trend for Fabryki Mebli Forte'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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Fabryki Mebli Forte Receivables Turnover Chart

Fabryki Mebli Forte Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Receivables Turnover

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4.33

6.40

9.27

10.58

9.93

Fabryki Mebli Forte Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															1.90	1.97	2.02	1.75	1.96

Competitive Comparison of Fabryki Mebli Forte's Receivables Turnover

For the Furnishings, Fixtures & Appliances subindustry, Fabryki Mebli Forte'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.

Fabryki Mebli Forte's Receivables Turnover Distribution in the Furnishings, Fixtures & Appliances Industry

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

* The bar in red indicates where Fabryki Mebli Forte's Receivables Turnover falls into.

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Fabryki Mebli Forte Receivables Turnover Calculation

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

Fabryki Mebli Forte's Receivables Turnover for the fiscal year that ended in Dec. 2021 is calculated as

	Receivables Turnover (A: Dec. 2021 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2021 )	/ (	(Accounts Receivable (A: Dec. 2020 )	+	Accounts Receivable (A: Dec. 2021 ))	/	count )
=	311.971	/ (	(29.512	+	33.302)	/	2 )
=	311.971	/	31.407
=	9.93

Fabryki Mebli Forte's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Sep. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	69.017	/ (	(31.243	+	39.153)	/	2 )
=	69.017	/	35.198
=	1.96

Fabryki Mebli Forte (FRA:1U7) 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.

Fabryki Mebli Forte Receivables Turnover Related Terms

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Fabryki Mebli Forte Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Fabryki Mebli Forte SA (FRA:1U7) » Definitions » Receivables Turnover

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FTE:Poland

Address

ul. Biala 1, Ostrow Mazowiecka, POL, 07 - 300

Website

https://company.forte.com.pl/en

Fabryki Mebli Forte SA is a manufacturer of furniture for self-assembly with a specialization in home, office, and kitchen furniture. Its product offerings include furniture systems for the lounge, dining room, bedroom, living room, sitting room, study, and children's room, as well as wall units, ready-made cabinets that can be put together in different arrangements, as well as customized kitchen projects. It has state-of-the-art manufacturing plants located in Ostrow Mazowiecka, Suwalki, Bialystok, and Hajnowka.

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