FDCTech (OTCPK:FDCT) Receivables Turnover

: 25.98 (As of Mar. 2023)

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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. FDCTech's Revenue for the three months ended in Mar. 2023 was $1.55 Mil. FDCTech's average Accounts Receivable for the three months ended in Mar. 2023 was $0.06 Mil. Hence, FDCTech's Receivables Turnover for the three months ended in Mar. 2023 was 25.98.

FDCTech Receivables Turnover Historical Data

The historical data trend for FDCTech'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.

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FDCTech Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Receivables Turnover

8.38

15.66

13.03

24.11

148.37

FDCTech Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Receivables Turnover																50.52	39.64	32.55	30.20	25.98

Competitive Comparison

For the Capital Markets subindustry, FDCTech'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.

Annual Data Quarterly Data

FDCTech Receivables Turnover Distribution

For the Capital Markets industry and Financial Services sector, FDCTech's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where FDCTech's Receivables Turnover falls in comparison to its industry or sector. The grey bar indicates the Receivables Turnover's extreme value range as defined by GuruFocus.

FDCTech Receivables Turnover Calculation

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

FDCTech's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Receivables Turnover (A: Dec. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2022 )	/ (	(Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )
=	6.454	/ (	(0.021	+	0.066)	/	2 )
=	6.454	/	0.0435
=	148.37

FDCTech's Receivables Turnover for the quarter that ended in Mar. 2023 is calculated as

	Receivables Turnover (Q: Mar. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2023 )	/ (	(Accounts Receivable (Q: Dec. 2022 )	+	Accounts Receivable (Q: Mar. 2023 ))	/	count )
=	1.546	/ (	(0.066	+	0.053)	/	2 )
=	1.546	/	0.0595
=	25.98

FDCTech (OTCPK:FDCT) 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.

FDCTech Receivables Turnover Related Terms

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FDCTech (OTCPK:FDCT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » FDCTech Inc (OTCPK:FDCT) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

200 Spectrum Drive, Suite 300, Irvine, CA, USA, 92618

Website

https://www.fdctech.com

FDCTech Inc is an integrated forex and Cryptocurrency service provider. It provides cryptocurrency technology solutions and consulting services for OTC brokers and crypto exchange businesses. The company has three sources of revenue Consulting Services; Technology Solutions and Customized Software Development. Its product includes the CryptoWeb Trader Platform; Proprietary FX; Back Office and others. The company derives maximum revenue from Technology Solutions.

Executives

Mitchell M. Eaglstein

director, 10 percent owner, officer: CEO

200 SPECTRUM DRIVE, SUITE 300, IRVINE CA 92618