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Federal Screw Works (Federal Screw Works) Receivables Turnover : 1.43 (As of Dec. 2004)


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What is Federal Screw Works 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. Federal Screw Works's Revenue for the three months ended in Dec. 2004 was $20.46 Mil. Federal Screw Works's average Accounts Receivable for the three months ended in Dec. 2004 was $14.32 Mil. Hence, Federal Screw Works's Receivables Turnover for the three months ended in Dec. 2004 was 1.43.


Federal Screw Works Receivables Turnover Historical Data

The historical data trend for Federal Screw Works'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.

Federal Screw Works Receivables Turnover Chart

Federal Screw Works Annual Data
Trend Jun95 Jun96 Jun97 Jun98 Jun99 Jun00 Jun01 Jun02 Jun03 Jun04
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 7.66 6.63 6.56 6.18

Federal Screw Works Quarterly Data
Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04
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 1.62 1.68 1.53 1.31 1.43

Competitive Comparison of Federal Screw Works's Receivables Turnover

For the Tools & Accessories subindustry, Federal Screw Works'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.


Federal Screw Works's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Federal Screw Works's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Federal Screw Works's Receivables Turnover falls into.



Federal Screw Works Receivables Turnover Calculation

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

Federal Screw Works's Receivables Turnover for the fiscal year that ended in Jun. 2004 is calculated as

Receivables Turnover (A: Jun. 2004 )
=Revenue / Average Total Inventories
=Revenue (A: Jun. 2004 ) / ((Accounts Receivable (A: Jun. 2003 ) + Accounts Receivable (A: Jun. 2004 )) / count )
=90.658 / ((14.096 + 15.243) / 2 )
=90.658 / 14.6695
=6.18

Federal Screw Works's Receivables Turnover for the quarter that ended in Dec. 2004 is calculated as

Receivables Turnover (Q: Dec. 2004 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2004 ) / ((Accounts Receivable (Q: Sep. 2004 ) + Accounts Receivable (Q: Dec. 2004 )) / count )
=20.455 / ((15.172 + 13.461) / 2 )
=20.455 / 14.3165
=1.43

* 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.


Federal Screw Works  (OTCPK:FSCR) 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.


Federal Screw Works Receivables Turnover Related Terms

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Federal Screw Works (Federal Screw Works) Business Description

Traded in Other Exchanges
N/A
Address
34846 Goddard Road, Romulus, MI, USA, 48174
Federal Screw Works operates as the manufacturer and marketer of industrial component parts. The group offers component parts such as locknuts, bolts, piston pins, studs, bushings, shafts, and other machined, cold-formed, hardened, and ground metal parts, which are primarily served by the automobile industry. Its component is used in the products of cold-formed and machined pins and products, close tolerance machined products, engineered nut products, cold-formed tooling, and complex cold-formed products. Geographically all the operations function through the United States.

Federal Screw Works (Federal Screw Works) Headlines

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