FG Acquisition (TSX:FGAA.U) Receivables Turnover : 0.00 (As of Dec. 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. FG Acquisition's Revenue for the three months ended in Dec. 2023 was $0.00 Mil. FG Acquisition's average Accounts Receivable for the three months ended in Dec. 2023 was $0.00 Mil.

FG Acquisition Receivables Turnover Historical Data

The historical data trend for FG Acquisition'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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FG Acquisition Annual Data

Trend

Dec21

Dec22

Dec23

Receivables Turnover

FG Acquisition Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison

For the Shell Companies subindustry, FG Acquisition'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.

FG Acquisition Receivables Turnover Distribution

For the Diversified Financial Services industry and Financial Services sector, FG Acquisition's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where FG Acquisition's Receivables Turnover falls into.

FG Acquisition Receivables Turnover Calculation

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

FG Acquisition'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 )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

FG Acquisition'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 )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

FG Acquisition (TSX:FGAA.U) 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.

FG Acquisition Receivables Turnover Related Terms

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FG Acquisition (TSX:FGAA.U) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » FG Acquisition Corp (TSX:FGAA.U) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

510 West Georgia Street, Suite 1800, Vancouver, BC, CAN, V6B 0M3

Website

FG Acquisition Corp is a special purpose acquisition company.

FG Acquisition (TSX:FGAA.U) Headlines

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