Flower One Holdings (FRA:F11) Receivables Turnover : 2.10 (As of Jun. 2022)

View and export this data going back to 2019. Start your Free Trial

What is Flower One Holdings 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. Flower One Holdings's Revenue for the three months ended in Jun. 2022 was €7.47 Mil. Flower One Holdings's average Accounts Receivable for the three months ended in Jun. 2022 was €3.55 Mil. Hence, Flower One Holdings's Receivables Turnover for the three months ended in Jun. 2022 was 2.10.

Flower One Holdings Receivables Turnover Historical Data

The historical data trend for Flower One Holdings'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.

Flower One Holdings Receivables Turnover Chart

Flower One Holdings Annual Data

Trend

Jan12

Jan13

Jan14

Jan15

Jan16

Jan17

Jan18

Dec19

Dec20

Dec21

Receivables Turnover

Get a 7-Day Free Trial

7.63

11.86

15.81

Flower One Holdings Quarterly Data
	Jul17	Oct17	Jan18	Apr18	Jul18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Receivables Turnover	Get a 7-Day Free Trial															2.77	2.27	2.45	2.07	2.10

Competitive Comparison of Flower One Holdings's Receivables Turnover

For the Drug Manufacturers - Specialty & Generic subindustry, Flower One Holdings'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.

Flower One Holdings's Receivables Turnover Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Flower One Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Flower One Holdings's Receivables Turnover falls into.

Flower One Holdings Receivables Turnover Calculation

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

Flower One Holdings'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 )
=	51.646	/ (	(2.514	+	4.019)	/	2 )
=	51.646	/	3.2665
=	15.81

Flower One Holdings's Receivables Turnover for the quarter that ended in Jun. 2022 is calculated as

	Receivables Turnover (Q: Jun. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2022 )	/ (	(Accounts Receivable (Q: Mar. 2022 )	+	Accounts Receivable (Q: Jun. 2022 ))	/	count )
=	7.472	/ (	(3.825	+	3.275)	/	2 )
=	7.472	/	3.55
=	2.10

Flower One Holdings (FRA:F11) 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.

Flower One Holdings Receivables Turnover Related Terms

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

Flower One Holdings (FRA:F11) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Flower One Holdings Inc (FRA:F11) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

1055 West Hastings Street, Suite 1700, The Guinness Tower, Vancouver, BC, CAN, V6E 2E9

Website

https://www.flowerone.com

Flower One Holdings Inc through its wholly?owned subsidiaries, is a cannabis cultivator and producer and is licensed for medical and recreational cannabis cultivation and production in the State of Nevada. Its properties will be used for cannabis cultivation as well as the processing, production, and high-volume packaging of dry flower, cannabis oils, concentrates, and infused products. It produces a wide range of products from flower, full-spectrum oils, and distillates to finished consumer packaged goods, including a variety of: pre-rolls, concentrates, edibles, topicals, and more for the top-performing brands in cannabis.

Flower One Holdings (FRA:F11) Headlines

No Headlines