Future Lifestyle Fashions (NSE:FLFL) Receivables Turnover: 0.69 (As of Sep. 2022)

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NSE:FLFL Future Lifestyle Fashions Ltd NSE:FLFL
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Price ₹1.21
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What is Future Lifestyle Fashions Receivables Turnover?

Future Lifestyle Fashions NSE:FLFL +1.68% 4 Receivables Turnover is 0.69 as of Sep. 2022. GuruFocus rates NSE:FLFL with a GF Score™ of 4/100.

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. Future Lifestyle Fashions's Revenue for the three months ended in Sep. 2022 was ₹1,776 Mil. Future Lifestyle Fashions's average Accounts Receivable for the three months ended in Sep. 2022 was ₹2,592 Mil. Hence, Future Lifestyle Fashions's Receivables Turnover for the three months ended in Sep. 2022 was 0.69.


Future Lifestyle Fashions  (NSE:FLFL) 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.


Future Lifestyle Fashions Receivables Turnover Related Terms


Future Lifestyle Fashions Receivables Turnover Historical Data

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The historical data trend for Future Lifestyle Fashions'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.

Future Lifestyle Fashions Receivables Turnover Chart

Future Lifestyle Fashions Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.55 16.22 16.01 5.69 9.53

Future Lifestyle Fashions Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 2.26 3.41 2.70 1.29 0.69

NSE:FLFL vs VFC, LEVI, RL: Receivables Turnover Comparison

For the Apparel Manufacturing subindustry, Future Lifestyle Fashions'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.


Future Lifestyle Fashions Receivables Turnover vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Future Lifestyle Fashions's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Future Lifestyle Fashions's Receivables Turnover falls into.


NSE:FLFL
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Future Lifestyle Fashions Ltd NSE:FLFL
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Future Lifestyle Fashions Receivables Turnover Calculation

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

Future Lifestyle Fashions's Receivables Turnover for the fiscal year that ended in Mar. 2022 is calculated as

Receivables Turnover (A: Mar. 2022 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2022 ) / ((Accounts Receivable (A: Mar. 2021 ) + Accounts Receivable (A: Mar. 2022 )) / count )
=29553 / ((4093.6 + 2108) / 2 )
=29553 / 3100.8
=9.53

Future Lifestyle Fashions's Receivables Turnover for the quarter that ended in Sep. 2022 is calculated as

Receivables Turnover (Q: Sep. 2022 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2022 ) / ((Accounts Receivable (Q: Jun. 2022 ) + Accounts Receivable (Q: Sep. 2022 )) / count )
=1776.1 / ((0 + 2591.6) / 1 )
=1776.1 / 2591.6
=0.69

* 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 0.69 mean?
Future Lifestyle Fashions (NSE:FLFL) has a Receivables Turnover of 0.69 as of Sep. 2022. 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 Future Lifestyle Fashions and its competitors.
Is Future Lifestyle Fashions' Receivables Turnover too high?
Future Lifestyle Fashions' current Receivables Turnover is 0.69. The Manufacturing - Apparel & Accessories industry median Receivables Turnover is 6.89. Future Lifestyle Fashions' value of 0.69 is 90% below this industry median. Overall, Future Lifestyle Fashions has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Future Lifestyle Fashions' Receivables Turnover compare to VFC and LEVI?
Future Lifestyle Fashions' Receivables Turnover of 0.69 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Receivables Turnover is 6.89. Future Lifestyle Fashions' value of 0.69 is 90% 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 Manufacturing - Apparel & Accessories company?
The median Receivables Turnover among Manufacturing - Apparel & Accessories companies is 6.89, based on 1,032 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. Future Lifestyle Fashions's current Receivables Turnover of 0.69 is 90% 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 Future Lifestyle Fashions and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Receivables Turnover is 6.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Future Lifestyle Fashions's current Receivables Turnover is 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Future Lifestyle Fashions stock overvalued right now?
Future Lifestyle Fashions (NSE:FLFL) has a current Receivables Turnover of 0.69. The current Receivables Turnover is 0.69 and 90% below the Manufacturing - Apparel & Accessories industry median of 6.89. Future Lifestyle Fashions' overall GF Score™ is 4/100. 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 Future Lifestyle Fashions (NSE:FLFL), the current Receivables Turnover is 0.69 as of Sep. 2022. 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.

Future Lifestyle Fashions Business Description

Address Off Jogeshwari-Vikhroli Link Road, Knowledge House, Shyam Nagar, Jogeshwari (East), Mumbai, MH, IND, 400 060
Future Lifestyle Fashions Ltd is an India based fashion company. The company's only reportable segment being the Branding, Manufacturing, Processing, Selling and Distribution of Fashion Products. Its portfolio of fashion brands that covers fashion categories, including formal menswear, casual wear, active or sportswear, ethnic wear, denim wear, footwear and accessories for men and women. The company's brand includes Lee Cooper, Scullers, Indigo Nation, John Miller, BARE casuals, Jealous 21, and others.
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