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Firemans Contractors (Firemans Contractors) Receivables Turnover : 3.84 (As of Mar. 2014)


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What is Firemans Contractors 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. Firemans Contractors's Revenue for the three months ended in Mar. 2014 was $0.22 Mil. Firemans Contractors's average Accounts Receivable for the three months ended in Mar. 2014 was $0.06 Mil. Hence, Firemans Contractors's Receivables Turnover for the three months ended in Mar. 2014 was 3.84.


Firemans Contractors Receivables Turnover Historical Data

The historical data trend for Firemans Contractors'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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Firemans Contractors Receivables Turnover Chart

Firemans Contractors Annual Data
Trend Jun11 Jun12 Jun13
Receivables Turnover
4.92 6.21 11.97

Firemans Contractors Quarterly Data
Mar10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14
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 1.97 1.72 2.65 1.94 3.84

Competitive Comparison of Firemans Contractors's Receivables Turnover

For the Engineering & Construction subindustry, Firemans Contractors'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.


Firemans Contractors's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Firemans Contractors's Receivables Turnover distribution charts can be found below:

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



Firemans Contractors Receivables Turnover Calculation

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

Firemans Contractors's Receivables Turnover for the fiscal year that ended in Jun. 2013 is calculated as

Receivables Turnover (A: Jun. 2013 )
=Revenue / Average Total Inventories
=Revenue (A: Jun. 2013 ) / ((Accounts Receivable (A: Jun. 2012 ) + Accounts Receivable (A: Jun. 2013 )) / count )
=1.101 / ((0.067 + 0.117) / 2 )
=1.101 / 0.092
=11.97

Firemans Contractors's Receivables Turnover for the quarter that ended in Mar. 2014 is calculated as

Receivables Turnover (Q: Mar. 2014 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2014 ) / ((Accounts Receivable (Q: Dec. 2013 ) + Accounts Receivable (Q: Mar. 2014 )) / count )
=0.221 / ((0.033 + 0.082) / 2 )
=0.221 / 0.0575
=3.84

* 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.


Firemans Contractors  (OTCPK:FRCN) 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.


Firemans Contractors Receivables Turnover Related Terms

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Firemans Contractors (Firemans Contractors) Business Description

Traded in Other Exchanges
N/A
Address
2313 E Loop 820 N, Fort Worth, TX, USA, 76118
Firemans Contractors Inc is a full service painting company, focusing on residential, commercial and industrial parking lot striping, and parking lot maintenance services.

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