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. Energy Focus's Revenue for the
three
months ended in Dec. 2023 was $2.39 Mil. Energy Focus's average Accounts Receivable for the
three
months ended in Dec. 2023 was $1.31 Mil.
Hence, Energy Focus's Receivables Turnover for the
three
months ended in Dec. 2023 was 1.83.
Energy Focus Receivables Turnover Historical Data
The historical data trend for Energy Focus'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.
Competitive Comparison of Energy Focus's Receivables Turnover
For the Furnishings, Fixtures & Appliances subindustry, Energy Focus'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.
Energy Focus's Receivables Turnover Distribution in the Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Energy Focus's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Energy Focus's Receivables Turnover falls into.
Energy Focus Receivables Turnover Calculation
Receivables Turnover measures the number of times a company collects its average accounts receivable balance.
Energy Focus's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Energy Focus (NAS:EFOI) 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.
Energy Focus Receivables Turnover Related Terms
Thank you for viewing the detailed overview of Energy Focus's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
Energy Focus Inc engages in the design, development, manufacturing, marketing, and sale of energy-efficient lighting systems and controls. It serves the military maritime market and general commercial markets. Its product offerings include Military maritime LED lighting products such as military intelligible, globe lights, berth lights, and military fixtures and Commercial products such as LED fixtures and panels, LED down-lights, LED dock lights, wall-packs, and LED retrofit kits. Geographically, it operates in the United States and other countries. Its products include Commercial products and MMM products. It generates a majority of its sales from Military maritime products in the United States.
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