XFTB (XFit Brands) Receivables Turnover: 2.63 (As of Dec. 2016)

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What is XFit Brands Receivables Turnover?

XFit Brands XFTB Receivables Turnover is 2.63 as of Dec. 2016.

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. XFit Brands's Revenue for the three months ended in Dec. 2016 was $0.90 Mil. XFit Brands's average Accounts Receivable for the three months ended in Dec. 2016 was $0.34 Mil. Hence, XFit Brands's Receivables Turnover for the three months ended in Dec. 2016 was 2.63.


XFit Brands  (OTCPK:XFTB) 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.


XFit Brands Receivables Turnover Related Terms


XFit Brands Receivables Turnover Historical Data

* Premium members only.

The historical data trend for XFit Brands'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.

XFit Brands Receivables Turnover Chart

XFit Brands Annual Data
Trend Jun14 Jun15 Jun16
Receivables Turnover
73.29 35.77 17.27

XFit Brands Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.58 3.48 2.92 3.62 2.63

XFTB vs WESC, QSMG, SCRH: Receivables Turnover Comparison

For the Leisure subindustry, XFit Brands'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.


XFit Brands Receivables Turnover vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, XFit Brands's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where XFit Brands's Receivables Turnover falls into.



XFit Brands Receivables Turnover Calculation

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

XFit Brands's Receivables Turnover for the fiscal year that ended in Jun. 2016 is calculated as

Receivables Turnover (A: Jun. 2016 )
=Revenue / Average Accounts Receivable
=Revenue (A: Jun. 2016 ) / ((Accounts Receivable (A: Jun. 2015 ) + Accounts Receivable (A: Jun. 2016 )) / count )
=2.358 / ((0.093 + 0.18) / 2 )
=2.358 / 0.1365
=17.27

XFit Brands's Receivables Turnover for the quarter that ended in Dec. 2016 is calculated as

Receivables Turnover (Q: Dec. 2016 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2016 ) / ((Accounts Receivable (Q: Sep. 2016 ) + Accounts Receivable (Q: Dec. 2016 )) / count )
=0.902 / ((0.092 + 0.594) / 2 )
=0.902 / 0.343
=2.63

* 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 2.63 mean?
XFit Brands (XFTB) has a Receivables Turnover of 2.63 as of Dec. 2016. 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 XFit Brands and its competitors.
Is XFit Brands' Receivables Turnover too high?
XFit Brands' current Receivables Turnover is 2.63. The Travel & Leisure industry median Receivables Turnover is 14.06. XFit Brands' value of 2.63 is 81.3% below this industry median.
How does XFit Brands' Receivables Turnover compare to WESC and QSMG?
XFit Brands' Receivables Turnover of 2.63 can be compared against companies in the Travel & Leisure industry. The industry median Receivables Turnover is 14.06. XFit Brands' value of 2.63 is 81.3% 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 Travel & Leisure company?
The median Receivables Turnover among Travel & Leisure companies is 14.06, based on 830 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. XFit Brands's current Receivables Turnover of 2.63 is 81.3% 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 XFit Brands and its competitors. For the Travel & Leisure industry, the median Receivables Turnover is 14.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. XFit Brands's current Receivables Turnover is 2.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is XFit Brands stock overvalued right now?
XFit Brands (XFTB) has a current Receivables Turnover of 2.63. The current Receivables Turnover is 2.63 and 81.3% below the Travel & Leisure industry median of 14.06. 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 XFit Brands (XFTB), the current Receivables Turnover is 2.63 as of Dec. 2016. 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.

XFit Brands Business Description

Address 25731 Commercentre Drive, Lake Forest, CA, USA, 92630
XFit Brands Inc is active in the leisure industry. Its activities include design, development, and worldwide marketing and selling of functional equipment, training gear, apparel, and accessories for the impact sports market and fitness industry. Its products span the Impact Sports, Mixed Martial Arts (MMA), High and low impact fitness and Cross Training, and other Action Sports and are marketed and sold under the Throwdown, XFit Brands, and Transformations brand names.