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Futures Capital AD (XBUL:FCAD) Receivables Turnover : 2.88 (As of Jun. 2023)


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What is Futures Capital AD 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. Futures Capital AD's Revenue for the six months ended in Jun. 2023 was лв0.87 Mil. Futures Capital AD's average Accounts Receivable for the six months ended in Jun. 2023 was лв0.30 Mil. Hence, Futures Capital AD's Receivables Turnover for the six months ended in Jun. 2023 was 2.88.


Futures Capital AD Receivables Turnover Historical Data

The historical data trend for Futures Capital AD'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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Futures Capital AD Receivables Turnover Chart

Futures Capital AD Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.42 516.75 103.60 105.08 6.74

Futures Capital AD Semi-Annual Data
Dec11 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 89.80 42.55 66.13 3.28 2.88

Competitive Comparison of Futures Capital AD's Receivables Turnover

For the Asset Management subindustry, Futures Capital AD'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.


Futures Capital AD's Receivables Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Futures Capital AD's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Futures Capital AD's Receivables Turnover falls into.



Futures Capital AD Receivables Turnover Calculation

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

Futures Capital AD'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 )
=1.038 / ((0.007 + 0.301) / 2 )
=1.038 / 0.154
=6.74

Futures Capital AD's Receivables Turnover for the quarter that ended in Jun. 2023 is calculated as

Receivables Turnover (Q: Jun. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2023 ) / ((Accounts Receivable (Q: Dec. 2022 ) + Accounts Receivable (Q: Jun. 2023 )) / count )
=0.867 / ((0.301 + 0.301) / 2 )
=0.867 / 0.301
=2.88

* 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.


Futures Capital AD  (XBUL:FCAD) 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.


Futures Capital AD Receivables Turnover Related Terms

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Futures Capital AD (XBUL:FCAD) Business Description

Traded in Other Exchanges
N/A
Address
70B Ing. Ivan Ivanov Boulevard, Floor 3, Sofia, BGR, 1303
Futures Capital AD provides foreign direct investments in the real estate, leisure, healthcare, infrastructure, energy, and technology sectors.

Futures Capital AD (XBUL:FCAD) Headlines

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