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. Amfil Technologies's Revenue for the
six
months ended in Jun. 2023 was $9.01 Mil. Amfil Technologies's average Accounts Receivable for the
six
months ended in Jun. 2023 was $0.08 Mil.
Hence, Amfil Technologies's Receivables Turnover for the
six
months ended in Jun. 2023 was 111.91.
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.
Amfil Technologies Receivables Turnover Related Terms
Amfil Technologies Receivables Turnover Historical Data
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The historical data trend for Amfil Technologies'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.
FUNN vs AXXA, RJDG, PTEEF: Receivables Turnover Comparison
For the Conglomerates subindustry, Amfil Technologies'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.
Amfil Technologies Receivables Turnover vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Amfil Technologies's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Amfil Technologies's Receivables Turnover falls into.
* 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.
Amfil Technologies (FUNN) has a Receivables Turnover of 111.91 as of Jun. 2023. 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 Amfil Technologies and its competitors.
Is Amfil Technologies' Receivables Turnover too high?
Amfil Technologies' current Receivables Turnover is 111.91. The Conglomerates industry median Receivables Turnover is 6.31. Amfil Technologies' value of 111.91 is 1673.5% above this industry median.
How does Amfil Technologies' Receivables Turnover compare to AXXA and RJDG?
Amfil Technologies' Receivables Turnover of 111.91 can be compared against companies in the Conglomerates industry. The industry median Receivables Turnover is 6.31. Amfil Technologies' value of 111.91 is 1673.5% above 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 Conglomerates company?
The median Receivables Turnover among Conglomerates companies is 6.31, based on 543 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. Amfil Technologies's current Receivables Turnover of 111.91 is 1673.5% above 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 Amfil Technologies and its competitors. For the Conglomerates industry, the median Receivables Turnover is 6.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Amfil Technologies's current Receivables Turnover is 111.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amfil Technologies stock overvalued right now?
Amfil Technologies (FUNN) has a current Receivables Turnover of 111.91. The current Receivables Turnover is 111.91 and 1673.5% above the Conglomerates industry median of 6.31. 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 Amfil Technologies (FUNN), the current Receivables Turnover is 111.91 as of Jun. 2023. 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.
Amfil Technologies Inc is engaged in the acquisition of mid-sized companies and optimizing their operations. The company through its subsidiaries is engaged in the operation of board game-themed bars and cafes in Canada and the United States; it provides hardscape, landscape & home improvement construction services such as Driveways, Fencing, Painting, Winter Services, Demolition, & other services; and it is also engaged in providing of triple function sanitization unit capable of eliminating 99.9% of water and airborne pathogens and the typically problematic pests that wreak havoc for cultivators like aphids, whiteflies, and spider mites, as well as bacteria, fungus, microbes and mold on surfaces, all without chemicals.
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