Third BenchTHBD Receivables Turnover is 2.00 as of May. 2024.
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. Third Bench's Revenue for the
three
months ended in May. 2024 was $3.33 Mil. Third Bench's average Accounts Receivable for the
three
months ended in May. 2024 was $1.67 Mil.
Hence, Third Bench's Receivables Turnover for the
three
months ended in May. 2024 was 2.00.
Third Bench (OTCPK:THBD) 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.
Third Bench Receivables Turnover Related Terms
Third Bench Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Third Bench'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.
THBD vs SGI, SN, MHK: Receivables Turnover Comparison
For the Furnishings, Fixtures & Appliances subindustry, Third Bench'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.
Third Bench Receivables Turnover vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Third Bench's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Third Bench'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.
Third Bench (THBD) has a Receivables Turnover of 2.00 as of May. 2024. 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 Third Bench and its competitors.
Is Third Bench's Receivables Turnover too high?
Third Bench's current Receivables Turnover is 2.00. The Furnishings, Fixtures & Appliances industry median Receivables Turnover is 7.08. Third Bench's value of 2.00 is 71.7% below this industry median.
How does Third Bench's Receivables Turnover compare to SGI and SN?
Third Bench's Receivables Turnover of 2.00 can be compared against companies in the Furnishings, Fixtures & Appliances industry. The industry median Receivables Turnover is 7.08. Third Bench's value of 2.00 is 71.7% 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 Furnishings, Fixtures & Appliances company?
The median Receivables Turnover among Furnishings, Fixtures & Appliances companies is 7.08, based on 430 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. Third Bench's current Receivables Turnover of 2.00 is 71.7% 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 Third Bench and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Receivables Turnover is 7.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Third Bench's current Receivables Turnover is 2.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Third Bench stock overvalued right now?
Third Bench (THBD) has a current Receivables Turnover of 2.00. The current Receivables Turnover is 2.00 and 71.7% below the Furnishings, Fixtures & Appliances industry median of 7.08. 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 Third Bench (THBD), the current Receivables Turnover is 2.00 as of May. 2024. 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.
Third Bench Inc is a holding company. The company, along with its subsidiaries, offers products in categories: Residential Cabinets and countertops and commercial millwork throughout the Western U.S. for customers from California to Texas. It also provides installation services as a part of its vertical offering. Additionally, the company provides its products and services through its architectural millwork and retail facilities, located in Albuquerque and Las Cruces, New Mexico and Tucson, Arizona.
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