GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » BowFlex Inc (FRA:DF3) » Definitions » Receivables Turnover

BowFlex (FRA:DF3) Receivables Turnover : 2.66 (As of Dec. 2023)


View and export this data going back to 1999. Start your Free Trial

What is BowFlex 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. BowFlex's Revenue for the three months ended in Dec. 2023 was €62.0 Mil. BowFlex's average Accounts Receivable for the three months ended in Dec. 2023 was €23.3 Mil. Hence, BowFlex's Receivables Turnover for the three months ended in Dec. 2023 was 2.66.


BowFlex Receivables Turnover Historical Data

The historical data trend for BowFlex'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.

BowFlex Receivables Turnover Chart

BowFlex Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Mar21 Mar22 Mar23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.22 7.32 - 8.22 7.06

BowFlex 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 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 2.49 2.12 2.39 2.62 2.66

Competitive Comparison of BowFlex's Receivables Turnover

For the Leisure subindustry, BowFlex'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.


BowFlex's Receivables Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, BowFlex's Receivables Turnover distribution charts can be found below:

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



BowFlex Receivables Turnover Calculation

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

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

Receivables Turnover (A: Mar. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2023 ) / ((Accounts Receivable (A: Mar. 2022 ) + Accounts Receivable (A: Mar. 2023 )) / count )
=267.846 / ((55.8 + 20.071) / 2 )
=267.846 / 37.9355
=7.06

BowFlex'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 )
=61.958 / ((22.663 + 23.912) / 2 )
=61.958 / 23.2875
=2.66

* 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.


BowFlex  (FRA:DF3) 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.


BowFlex Receivables Turnover Related Terms

Thank you for viewing the detailed overview of BowFlex's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


BowFlex (FRA:DF3) Business Description

Traded in Other Exchanges
Address
17750 S.E. 6th Way, Vancouver, WA, USA, 98683
BowFlex Inc is a company who operates under the brand name for a series of fitness training equipment marketed and sold by Nautilus. The product's lineup consists of indoor cycling bikes, Max Trainers, Home Gyms, treadmills, adjustable dumbbells, and more.

BowFlex (FRA:DF3) Headlines

No Headlines