FTDL (FirsTime Design) Receivables Turnover: 1.64 (As of Dec. 2012)


What is FirsTime Design Receivables Turnover?

FirsTime Design FTDL Receivables Turnover is 1.64 as of Dec. 2012.

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. FirsTime Design's Revenue for the three months ended in Dec. 2012 was $2.61 Mil. FirsTime Design's average Accounts Receivable for the three months ended in Dec. 2012 was $1.60 Mil. Hence, FirsTime Design's Receivables Turnover for the three months ended in Dec. 2012 was 1.64.


FirsTime Design  (OTCPK:FTDL) 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.


FirsTime Design Receivables Turnover Related Terms


FirsTime Design Receivables Turnover Historical Data

* Premium members only.

The historical data trend for FirsTime Design'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.

FirsTime Design Receivables Turnover Chart

FirsTime Design Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.44 4.51 3.94 3.89 5.96

FirsTime Design Quarterly Data
Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12
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 1.33 1.27 1.09 1.13 1.64

FTDL vs EFOI: Receivables Turnover Comparison

For the Furnishings, Fixtures & Appliances subindustry, FirsTime Design'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.


FirsTime Design Receivables Turnover vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, FirsTime Design's Receivables Turnover distribution charts can be found below:

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



FirsTime Design Receivables Turnover Calculation

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

FirsTime Design's Receivables Turnover for the fiscal year that ended in Dec. 2012 is calculated as

Receivables Turnover (A: Dec. 2012 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2012 ) / ((Accounts Receivable (A: Dec. 2011 ) + Accounts Receivable (A: Dec. 2012 )) / count )
=7.646 / ((1.008 + 1.558) / 2 )
=7.646 / 1.283
=5.96

FirsTime Design's Receivables Turnover for the quarter that ended in Dec. 2012 is calculated as

Receivables Turnover (Q: Dec. 2012 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2012 ) / ((Accounts Receivable (Q: Sep. 2012 ) + Accounts Receivable (Q: Dec. 2012 )) / count )
=2.61 / ((1.633 + 1.558) / 2 )
=2.61 / 1.5955
=1.64

* 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 1.64 mean?
FirsTime Design (FTDL) has a Receivables Turnover of 1.64 as of Dec. 2012. 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 FirsTime Design and its competitors.
Is FirsTime Design's Receivables Turnover too high?
FirsTime Design's current Receivables Turnover is 1.64. The Furnishings, Fixtures & Appliances industry median Receivables Turnover is 7.08. FirsTime Design's value of 1.64 is 76.8% below this industry median.
How does FirsTime Design's Receivables Turnover compare to EFOI?
FirsTime Design's Receivables Turnover of 1.64 can be compared against companies in the Furnishings, Fixtures & Appliances industry. The industry median Receivables Turnover is 7.08. FirsTime Design's value of 1.64 is 76.8% below this benchmark. 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 Furnishings, Fixtures & Appliances company?
The median Receivables Turnover among Furnishings, Fixtures & Appliances companies is 7.08, based on 430 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. FirsTime Design's current Receivables Turnover of 1.64 is 76.8% below the industry median. 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 FirsTime Design and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Receivables Turnover is 7.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FirsTime Design's current Receivables Turnover is 1.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FirsTime Design stock overvalued right now?
FirsTime Design (FTDL) has a current Receivables Turnover of 1.64. The current Receivables Turnover is 1.64 and 76.8% below the Furnishings, Fixtures & Appliances industry median of 7.08. 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 FirsTime Design (FTDL), the current Receivables Turnover is 1.64 as of Dec. 2012. 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.

FirsTime Design Business Description

Address W237 N2889 Woodgate Road, Suite F, Pewaukee, WI, USA, 53072
FirsTime Design Ltd, through its subsidiaries, designs, imports, and distributes decorative timepieces and other home decor products. It distributes commercial mattresses and bedding accessories. In addition, it offers custom packaging and product merchandising services. It sells its products through retailers in the United States. The group has manufacturing partners in China with some in Egypt, India, Italy, Taiwan, the United States, and Vietnam.