Armstrong Flooring (STU:2AS) Receivables Turnover: 2.46 (As of Dec. 2021)


STU:2AS Armstrong Flooring Inc STU:2AS
12 GF Score
Price €0.00
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What is Armstrong Flooring Receivables Turnover?

Armstrong Flooring STU:2AS 12 Receivables Turnover is 2.46 as of Dec. 2021. GuruFocus rates STU:2AS with a GF Score™ of 12/100.

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. Armstrong Flooring's Revenue for the three months ended in Dec. 2021 was €145.5 Mil. Armstrong Flooring's average Accounts Receivable for the three months ended in Dec. 2021 was €59.3 Mil. Hence, Armstrong Flooring's Receivables Turnover for the three months ended in Dec. 2021 was 2.46.


Armstrong Flooring  (STU:2AS) 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.


Armstrong Flooring Receivables Turnover Related Terms


Armstrong Flooring Receivables Turnover Historical Data

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The historical data trend for Armstrong Flooring'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.

Armstrong Flooring Receivables Turnover Chart

Armstrong Flooring Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.12 14.16 13.70 11.25 10.89

Armstrong Flooring Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 2.56 2.47 2.38 2.50 2.46

STU:2AS vs AEHL, CARR, MAS: Receivables Turnover Comparison

For the Building Products & Equipment subindustry, Armstrong Flooring'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.


Armstrong Flooring Receivables Turnover vs Construction Industry

For the Construction industry and Industrials sector, Armstrong Flooring's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Armstrong Flooring's Receivables Turnover falls into.


STU:2AS
12GF Score
Armstrong Flooring Inc STU:2AS
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Armstrong Flooring Receivables Turnover Calculation

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

Armstrong Flooring's Receivables Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Receivables Turnover (A: Dec. 2021 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2021 ) / ((Accounts Receivable (A: Dec. 2020 ) + Accounts Receivable (A: Dec. 2021 )) / count )
=575.162 / ((43.073 + 62.57) / 2 )
=575.162 / 52.8215
=10.89

Armstrong Flooring's Receivables Turnover for the quarter that ended in Dec. 2021 is calculated as

Receivables Turnover (Q: Dec. 2021 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2021 ) / ((Accounts Receivable (Q: Sep. 2021 ) + Accounts Receivable (Q: Dec. 2021 )) / count )
=145.494 / ((55.93 + 62.57) / 2 )
=145.494 / 59.25
=2.46

* 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 2.46 mean?
Armstrong Flooring (STU:2AS) has a Receivables Turnover of 2.46 as of Dec. 2021. 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 Armstrong Flooring and its competitors.
Is Armstrong Flooring's Receivables Turnover too high?
Armstrong Flooring's current Receivables Turnover is 2.46. The Construction industry median Receivables Turnover is 4.78. Armstrong Flooring's value of 2.46 is 48.5% below this industry median. Overall, Armstrong Flooring has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Armstrong Flooring's Receivables Turnover compare to AEHL and CARR?
Armstrong Flooring's Receivables Turnover of 2.46 can be compared against companies in the Construction industry. The industry median Receivables Turnover is 4.78. Armstrong Flooring's value of 2.46 is 48.5% 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 Construction company?
The median Receivables Turnover among Construction companies is 4.78, based on 1,760 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. Armstrong Flooring's current Receivables Turnover of 2.46 is 48.5% 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 Armstrong Flooring and its competitors. For the Construction industry, the median Receivables Turnover is 4.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Armstrong Flooring's current Receivables Turnover is 2.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Armstrong Flooring stock overvalued right now?
Armstrong Flooring (STU:2AS) has a current Receivables Turnover of 2.46. The current Receivables Turnover is 2.46 and 48.5% below the Construction industry median of 4.78. Armstrong Flooring's overall GF Score™ is 12/100. 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 Armstrong Flooring (STU:2AS), the current Receivables Turnover is 2.46 as of Dec. 2021. 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.

Armstrong Flooring Business Description

Address 1770 Hempstead Road, Lancaster, PA, USA, 17605
Armstrong Flooring Inc designs, manufactures, sources, and sells resilient and wood flooring products, which are primarily used for construction and renovation of residential, commercial, and institutional buildings. It operates through two segments namely Resilient Flooring and Wood Flooring. The Resilient Flooring provides a range of floor coverings for homes and commercial buildings under the Armstrong brand and the Wood Flooring segment provides hardwood flooring products under the Armstrong and Bruce brand names. Geographically, the group operates its business in the United States and also has its presence internationally, of which a majority of the revenue is derived from the United States.
12GF Score

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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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