RedFlow (FRA:2RF) Receivables Turnover: 0.11 (As of Dec. 2023)


FRA:2RF RedFlow Ltd FRA:2RF
29 GF Score
Price €0.05
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What is RedFlow Receivables Turnover?

RedFlow FRA:2RF 29 Receivables Turnover is 0.11 as of Dec. 2023. GuruFocus rates FRA:2RF with a GF Score™ of 29/100.

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. RedFlow's Revenue for the six months ended in Dec. 2023 was €0.04 Mil. RedFlow's average Accounts Receivable for the six months ended in Dec. 2023 was €0.37 Mil. Hence, RedFlow's Receivables Turnover for the six months ended in Dec. 2023 was 0.11.


RedFlow  (FRA:2RF) 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.


RedFlow Receivables Turnover Related Terms


RedFlow Receivables Turnover Historical Data

* Premium members only.

The historical data trend for RedFlow'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.

RedFlow Receivables Turnover Chart

RedFlow Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.34 12.50 9.13 10.16 20.99

RedFlow Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 2.74 1.48 0.33 0.30 0.11

FRA:2RF vs JFTH, SPEC, VRT: Receivables Turnover Comparison

For the Electrical Equipment & Parts subindustry, RedFlow'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.


RedFlow Receivables Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, RedFlow's Receivables Turnover distribution charts can be found below:

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


FRA:2RF
29GF Score
RedFlow Ltd FRA:2RF
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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RedFlow Receivables Turnover Calculation

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

RedFlow's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

Receivables Turnover (A: Jun. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (A: Jun. 2023 ) / ((Accounts Receivable (A: Jun. 2022 ) + Accounts Receivable (A: Jun. 2023 )) / count )
=0.766 / ((0.039 + 0.034) / 2 )
=0.766 / 0.0365
=20.99

RedFlow's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Jun. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=0.039 / ((0.034 + 0.702) / 2 )
=0.039 / 0.368
=0.11

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 0.11 mean?
RedFlow (FRA:2RF) has a Receivables Turnover of 0.11 as of Dec. 2023. The accounts 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. View historical data on RedFlow and its competitors.
Is RedFlow's Receivables Turnover too high?
RedFlow's current Receivables Turnover is 0.11. The Industrial Products industry median Receivables Turnover is 4.45. RedFlow's value of 0.11 is 97.5% below this industry median. Overall, RedFlow has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does RedFlow's Receivables Turnover compare to JFTH and SPEC?
RedFlow's Receivables Turnover of 0.11 can be compared against companies in the Industrial Products industry. The industry median Receivables Turnover is 4.45. RedFlow's value of 0.11 is 97.5% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for an Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.45, based on 3,024 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. RedFlow's current Receivables Turnover of 0.11 is 97.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on RedFlow and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RedFlow's current Receivables Turnover is 0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RedFlow stock overvalued right now?
RedFlow (FRA:2RF) has a current Receivables Turnover of 0.11. The current Receivables Turnover is 0.11 and 97.5% below the Industrial Products industry median of 4.45. RedFlow's overall GF Score™ is 29/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For RedFlow (FRA:2RF), the current Receivables Turnover is 0.11 as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

RedFlow Business Description

Address 1/27 Counihan Road, Seventeen Mile Rocks, Brisbane, QLD, AUS, 4073
RedFlow Ltd consists of the development, manufacture, and sale of its bromine flowing electrolyte battery module (ZBM). The company's batteries provide sustainable energy storage solutions for various applications, including telecommunications, renewables integration, on and off-grid remote power, microgrids and smart grids, and transmission and distribution deferral. Redflow batteries are designed for high cycle-rate, long time-base stationary energy storage applications in the residential, commercial and industrial, and telecommunications sectors, and are scalable from a single battery installation through to grid-scale deployments.
29GF Score

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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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