Free Flow (Free Flow) Receivables Turnover : 0.03 (As of Mar. 2024)

View and export this data going back to 2013. Start your Free Trial

What is Free Flow 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. Free Flow's Revenue for the three months ended in Mar. 2024 was $0.00 Mil. Free Flow's average Accounts Receivable for the three months ended in Mar. 2024 was $0.10 Mil. Hence, Free Flow's Receivables Turnover for the three months ended in Mar. 2024 was 0.03.

Free Flow Receivables Turnover Historical Data

The historical data trend for Free Flow'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.

* Premium members only.

Free Flow Receivables Turnover Chart

Free Flow Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

7.32

2.66

4.84

1.95

0.04

Free Flow Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															0.01	0.03	-	-	0.03

Competitive Comparison of Free Flow's Receivables Turnover

For the Auto Parts subindustry, Free Flow'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.

Free Flow's Receivables Turnover Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Free Flow's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Free Flow's Receivables Turnover falls into.

Free Flow Receivables Turnover Calculation

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

Free Flow'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 )
=	0.004	/ (	(0.095	+	0.095)	/	2 )
=	0.004	/	0.095
=	0.04

Free Flow's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	0.003	/ (	(0.095	+	0.109)	/	2 )
=	0.003	/	0.102
=	0.03

Free Flow (OTCPK:FFLO) 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.

Free Flow Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Free Flow's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Free Flow (Free Flow) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Free Flow Inc (OTCPK:FFLO) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

6269 Caledon Road, King George, VA, USA, 22485

Website

https://www.freeflowplc.com

Free Flow Inc focuses on the business of used auto parts. It is engaged in disassembling salvaged automobiles and sells presorted automobile parts through a parts locator network. It also owns the formulation and trademark of an Aerosol named HYGIENiQ. It eliminates smoke odor, mold, and mildew and is useful in automobiles and home applications. It consists of multiple businesses which make up subsidiaries and divisions: Accurate Auto Parts, Inc; HYGIENIQ.COM; Motors and Metals, Inc.; and Citi Autos, Corp.

Executives

Sabir Saleem

director, 10 percent owner

2301 WOODLAND CROSSING DR., SUITE 155, HERNDON VA 20171