FRTU (Fortun Holdings) Receivables Turnover: 0.00 (As of Sep. 2017)

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What is Fortun Holdings Receivables Turnover?

Fortun Holdings FRTU Receivables Turnover is 0.00 as of Sep. 2017.

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. Fortun Holdings's Revenue for the three months ended in Sep. 2017 was $0.00 Mil. Fortun Holdings's average Accounts Receivable for the three months ended in Sep. 2017 was $0.00 Mil.


Fortun Holdings  (OTCPK:FRTU) 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.


Fortun Holdings Receivables Turnover Related Terms


Fortun Holdings Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Fortun 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.

Fortun Holdings Receivables Turnover Chart

Fortun Holdings Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16
Receivables Turnover
0.00 0.00 0.00 0.00 0.00

Fortun Holdings Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 0.00 0.00 0.00 0.00 0.00

FRTU vs WSCC, HKEB, UMAX: Receivables Turnover Comparison

For the Beverages - Wineries & Distilleries subindustry, Fortun 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.


Fortun Holdings Receivables Turnover vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Fortun Holdings's Receivables Turnover distribution charts can be found below:

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



Fortun Holdings Receivables Turnover Calculation

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

Fortun Holdings's Receivables Turnover for the fiscal year that ended in Dec. 2016 is calculated as

Receivables Turnover (A: Dec. 2016 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2016 ) / ((Accounts Receivable (A: Dec. 2015 ) + Accounts Receivable (A: Dec. 2016 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Fortun Holdings's Receivables Turnover for the quarter that ended in Sep. 2017 is calculated as

Receivables Turnover (Q: Sep. 2017 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2017 ) / ((Accounts Receivable (Q: Jun. 2017 ) + Accounts Receivable (Q: Sep. 2017 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

* 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 0.00 mean?
Fortun Holdings (FRTU) has a Receivables Turnover of 0.00 as of Sep. 2017. 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 Fortun Holdings and its competitors.
Is Fortun Holdings' Receivables Turnover too high?
Fortun Holdings' current Receivables Turnover is 0.00.
How does Fortun Holdings' Receivables Turnover compare to WSCC and HKEB?
Fortun Holdings' Receivables Turnover of 0.00 can be compared against companies in the Beverages - Alcoholic industry. The industry median Receivables Turnover is 8.00. 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 a Beverages - Alcoholic company?
The median Receivables Turnover among Beverages - Alcoholic companies is 8.00, based on 207 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. 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 Fortun Holdings and its competitors. For the Beverages - Alcoholic industry, the median Receivables Turnover is 8.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fortun Holdings's current Receivables Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortun Holdings stock overvalued right now?
Fortun Holdings (FRTU) has a current Receivables Turnover of 0.00. The current Receivables Turnover is 0.00. 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 Fortun Holdings (FRTU), the current Receivables Turnover is 0.00 as of Sep. 2017. 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.

Fortun Holdings Business Description

Address 1394 Coral Way, Miami, FL, USA, 33145
Fortun Holdings Corp, formerly Luminar Media Group Inc through its FortunCo subsidiary, is a pioneering fintech company specializing in financial solutions and is dedicated to serving underserved communities, particularly Latino and minority-owned enterprises. Fortun leverages cutting-edge data analytics, proprietary processes, and digital technology to provide fast, efficient, and tailored financial services. Committed to transparency and responsibility, Fortun ensures that underserved customers and businesses have access to the capital and liquidity needed to thrive in today's market.