5N Plus (5N Plus) Receivables Turnover : 2.04 (As of Dec. 2023)

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What is 5N Plus Receivables Turnover?

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. 5N Plus's Revenue for the three months ended in Dec. 2023 was $65.1 Mil. 5N Plus's average Accounts Receivable for the three months ended in Dec. 2023 was $31.9 Mil. Hence, 5N Plus's Receivables Turnover for the three months ended in Dec. 2023 was 2.04.

5N Plus Receivables Turnover Historical Data

The historical data trend for 5N Plus'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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5N Plus Receivables Turnover Chart

5N Plus Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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8.96

7.39

7.23

8.67

9.46

5N Plus Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															1.84	1.85	1.74	1.73	2.04

Competitive Comparison of 5N Plus's Receivables Turnover

For the Specialty Chemicals subindustry, 5N Plus'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.

5N Plus's Receivables Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, 5N Plus's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where 5N Plus's Receivables Turnover falls into.

5N Plus Receivables Turnover Calculation

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

5N Plus's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	242.371	/ (	(26.103	+	25.117)	/	2 )
=	242.371	/	25.61
=	9.46

5N Plus's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	65.063	/ (	(38.686	+	25.117)	/	2 )
=	65.063	/	31.9015
=	2.04

5N Plus (OTCPK:FPLSF) 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.

5N Plus Receivables Turnover Related Terms

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5N Plus (5N Plus) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » 5N Plus Inc (OTCPK:FPLSF) » Definitions » Receivables Turnover

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VNP:Canada

Address

4385 Garand Street, Saint-Laurent, Montreal, QC, CAN, H4R 2B4

Website

https://www.5nplus.com

5N Plus Inc is a Canadian-based company producing specialty semiconductors and performance materials. The company operates in two segments Specialty Semiconductors and Performance Materials. The Specialty Semiconductors segment manufactures and sells products used in several applications such as renewable energy, space satellites and imaging. The Performance Materials segment manufactures and sells products that are used in several applications in pharmaceutical & healthcare, industrial, and catalytic and extractive. Main products are sold as active pharmaceutical ingredients, animal feed additives, specialized chemicals, commercial-grade metals, alloys, and engineered powders. The maximum revenue is derived from the Performance Materials segment.