Frankly (Frankly) Receivables Turnover : 2.60 (As of Sep. 2019)

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What is Frankly 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. Frankly's Revenue for the three months ended in Sep. 2019 was $4.65 Mil. Frankly's average Accounts Receivable for the three months ended in Sep. 2019 was $1.79 Mil. Hence, Frankly's Receivables Turnover for the three months ended in Sep. 2019 was 2.60.

Frankly Receivables Turnover Historical Data

The historical data trend for Frankly'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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Frankly Receivables Turnover Chart

Frankly Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Receivables Turnover

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12.74

4.57

7.31

7.63

8.28

Frankly Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Receivables Turnover	Get a 7-Day Free Trial															2.74	2.75	1.05	2.31	2.60

Competitive Comparison of Frankly's Receivables Turnover

For the Software - Application subindustry, Frankly'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.

Frankly's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Frankly's Receivables Turnover distribution charts can be found below:

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

Frankly Receivables Turnover Calculation

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

Frankly's Receivables Turnover for the fiscal year that ended in Dec. 2018 is calculated as

	Receivables Turnover (A: Dec. 2018 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2018 )	/ (	(Accounts Receivable (A: Dec. 2017 )	+	Accounts Receivable (A: Dec. 2018 ))	/	count )
=	23.677	/ (	(3.483	+	2.238)	/	2 )
=	23.677	/	2.8605
=	8.28

Frankly's Receivables Turnover for the quarter that ended in Sep. 2019 is calculated as

	Receivables Turnover (Q: Sep. 2019 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2019 )	/ (	(Accounts Receivable (Q: Jun. 2019 )	+	Accounts Receivable (Q: Sep. 2019 ))	/	count )
=	4.653	/ (	(1.657	+	1.924)	/	2 )
=	4.653	/	1.7905
=	2.60

Frankly (OTCPK:FRNKF) 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.

Frankly Receivables Turnover Related Terms

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Frankly (Frankly) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Frankly Inc (OTCPK:FRNKF) » Definitions » Receivables Turnover

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Traded in Other Exchanges

N/A

Address

27-01 Queens Plaza North, Suite 502, Long Island City, NY, USA, 11101

Website

https://www.franklyinc.com

Frankly Inc is a is a Canada-based company that provides a software platform for brands and media companies to create, distribute, analyze, and monetize their content on the web, mobile, and television. The company offers digital publishing software as a service and related advertising services for media sites on the Internet and integrated platform of the content management system, web and mobile publishing, social engagement and monetization. Its software enables site owners to design, build, and host sites to publish local content and information on digital platforms. The company also sources national and local advertising for its customers to distribute over multiple consumer devices.

Executives