The Financial CoOG (MUS:FINC) Receivables Turnover: 0.14 (As of Mar. 2023)

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What is The Financial CoOG Receivables Turnover?

The Financial CoOG MUS:FINC +1.01% Receivables Turnover is 0.14 as of Mar. 2023.

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. The Financial CoOG's Revenue for the three months ended in Mar. 2023 was ر.ع0.12 Mil. The Financial CoOG's average Accounts Receivable for the three months ended in Mar. 2023 was ر.ع0.87 Mil. Hence, The Financial CoOG's Receivables Turnover for the three months ended in Mar. 2023 was 0.14.


The Financial CoOG  (MUS:FINC) 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.


The Financial CoOG Receivables Turnover Related Terms


The Financial CoOG Receivables Turnover Historical Data

* Premium members only.

The historical data trend for The Financial CoOG'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.

The Financial CoOG Receivables Turnover Chart

The Financial CoOG Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Dec16 Dec17 Dec21 Dec22
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.58 0.28 0.91 0.12

The Financial CoOG Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 1.29 0.00 0.09 0.00 0.14

MUS:FINC vs MS, GS, SCHW: Receivables Turnover Comparison

For the Capital Markets subindustry, The Financial CoOG'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.


The Financial CoOG Receivables Turnover vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, The Financial CoOG's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where The Financial CoOG's Receivables Turnover falls into.



The Financial CoOG Receivables Turnover Calculation

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

The Financial CoOG's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Receivables Turnover (A: Dec. 2022 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2022 ) / ((Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count )
=0.071 / ((0.513 + 0.673) / 2 )
=0.071 / 0.593
=0.12

The Financial CoOG's Receivables Turnover for the quarter that ended in Mar. 2023 is calculated as

Receivables Turnover (Q: Mar. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2023 ) / ((Accounts Receivable (Q: Dec. 2022 ) + Accounts Receivable (Q: Mar. 2023 )) / count )
=0.118 / ((0.673 + 1.069) / 2 )
=0.118 / 0.871
=0.14

* 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 0.14 mean?
The Financial CoOG (MUS:FINC) has a Receivables Turnover of 0.14 as of Mar. 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 The Financial CoOG and its competitors.
Is The Financial CoOG's Receivables Turnover too high?
The Financial CoOG's current Receivables Turnover is 0.14. The Capital Markets industry median Receivables Turnover is 6.85. The Financial CoOG's value of 0.14 is 98% below this industry median.
How does The Financial CoOG's Receivables Turnover compare to MS and GS?
The Financial CoOG's Receivables Turnover of 0.14 can be compared against companies in the Capital Markets industry. The industry median Receivables Turnover is 6.85. The Financial CoOG's value of 0.14 is 98% 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 Capital Markets company?
The median Receivables Turnover among Capital Markets companies is 6.85, based on 579 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. The Financial CoOG's current Receivables Turnover of 0.14 is 98% 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 The Financial CoOG and its competitors. For the Capital Markets industry, the median Receivables Turnover is 6.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Financial CoOG's current Receivables Turnover is 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Financial CoOG stock overvalued right now?
The Financial CoOG (MUS:FINC) has a current Receivables Turnover of 0.14. The current Receivables Turnover is 0.14 and 98% below the Capital Markets industry median of 6.85. 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 The Financial CoOG (MUS:FINC), the current Receivables Turnover is 0.14 as of Mar. 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.

The Financial CoOG Business Description

Address AlAthaiba - Way 48 AlAthaiba street, P.O.Box 782, Ruwi, OMN, 131
The Financial Corp Co SAOG is an Oman-based company engaged in the provision of investment banking and financial services. The company's operating segment includes Corporate Finance, Asset Management, Brokerage, and Corporate Research. Its Corporate Finance and advisory division offers the initial public offering, rights issues, private placement, private equity, mergers and acquisitions, divestments and others services. The Asset Management division manages two open-ended listed funds namely Al Amal Fund JIA and Majan Capital Fund JIA as well as discretionary portfolio management services. Brokerage division provides brokerage services. The Corporate Research division carries out research on the economy, financial markets, economic sectors, and corporations.