GGII (Fast Moving Consumer Goods) Receivables Turnover: 1.50 (As of Sep. 2008)


What is Fast Moving Consumer Goods Receivables Turnover?

Fast Moving Consumer Goods GGII -99.00% Receivables Turnover is 1.50 as of Sep. 2008.

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. Fast Moving Consumer Goods's Revenue for the three months ended in Sep. 2008 was $0.02 Mil. Fast Moving Consumer Goods's average Accounts Receivable for the three months ended in Sep. 2008 was $0.01 Mil. Hence, Fast Moving Consumer Goods's Receivables Turnover for the three months ended in Sep. 2008 was 1.50.


Fast Moving Consumer Goods  (OTCPK:GGII) 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.


Fast Moving Consumer Goods Receivables Turnover Related Terms


Fast Moving Consumer Goods Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Fast Moving Consumer Goods'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.

Fast Moving Consumer Goods Receivables Turnover Chart

Fast Moving Consumer Goods Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07
Receivables Turnover
0.00 0.00 0.00 0.00 0.00

Fast Moving Consumer Goods Quarterly Data
Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08
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 1.00 1.50

GGII vs PPMT, IVFZF, ASAE: Receivables Turnover Comparison

For the Household & Personal Products subindustry, Fast Moving Consumer Goods'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.


Fast Moving Consumer Goods Receivables Turnover vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Fast Moving Consumer Goods's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Fast Moving Consumer Goods's Receivables Turnover falls into.



Fast Moving Consumer Goods Receivables Turnover Calculation

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

Fast Moving Consumer Goods's Receivables Turnover for the fiscal year that ended in Dec. 2007 is calculated as

Receivables Turnover (A: Dec. 2007 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2007 ) / ((Accounts Receivable (A: Dec. 2006 ) + Accounts Receivable (A: Dec. 2007 )) / count )
=0.002 / ((0 + 0) / 1 )
=0.002 / 0
=N/A

Fast Moving Consumer Goods's Receivables Turnover for the quarter that ended in Sep. 2008 is calculated as

Receivables Turnover (Q: Sep. 2008 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2008 ) / ((Accounts Receivable (Q: Jun. 2008 ) + Accounts Receivable (Q: Sep. 2008 )) / count )
=0.015 / ((0.01 + 0) / 1 )
=0.015 / 0.01
=1.50

* 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 1.50 mean?
Fast Moving Consumer Goods (GGII) has a Receivables Turnover of 1.50 as of Sep. 2008. 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 Fast Moving Consumer Goods and its competitors.
Is Fast Moving Consumer Goods' Receivables Turnover too high?
Fast Moving Consumer Goods' current Receivables Turnover is 1.50. The Consumer Packaged Goods industry median Receivables Turnover is 9.38. Fast Moving Consumer Goods' value of 1.50 is 84% below this industry median.
How does Fast Moving Consumer Goods' Receivables Turnover compare to PPMT and IVFZF?
Fast Moving Consumer Goods' Receivables Turnover of 1.50 can be compared against companies in the Consumer Packaged Goods industry. The industry median Receivables Turnover is 9.38. Fast Moving Consumer Goods' value of 1.50 is 84% 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 Consumer Packaged Goods company?
The median Receivables Turnover among Consumer Packaged Goods companies is 9.38, based on 1,936 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. Fast Moving Consumer Goods's current Receivables Turnover of 1.50 is 84% 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 Fast Moving Consumer Goods and its competitors. For the Consumer Packaged Goods industry, the median Receivables Turnover is 9.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fast Moving Consumer Goods's current Receivables Turnover is 1.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fast Moving Consumer Goods stock overvalued right now?
Fast Moving Consumer Goods (GGII) has a current Receivables Turnover of 1.50. The current Receivables Turnover is 1.50 and 84% below the Consumer Packaged Goods industry median of 9.38. 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 Fast Moving Consumer Goods (GGII), the current Receivables Turnover is 1.50 as of Sep. 2008. 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.

Fast Moving Consumer Goods Business Description

Address 10409 Pacific Palisades, Las Vegas, NV, USA, 89144
Fast Moving Consumer Goods Inc manufactures and incubates consumer packaged goods through three segments: Over-the-Counter Medications, Beauty Products, and Nutritional Supplements. Its portfolio of consumer goods: Beverages and Shots, OTC Medications, Nutritional Supplements, and Beauty and Cosmetics.