flyExclusive (flyExclusive) Receivables Turnover : 0.00 (As of Sep. 2023)

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What is flyExclusive 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. flyExclusive's Revenue for the three months ended in Sep. 2023 was $0.00 Mil. flyExclusive's average Accounts Receivable for the three months ended in Sep. 2023 was $6.26 Mil.

flyExclusive Receivables Turnover Historical Data

The historical data trend for flyExclusive'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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flyExclusive Receivables Turnover Chart

flyExclusive Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

65.17

37.03

42.23

flyExclusive Quarterly Data
	Dec20	Dec21	Mar22	Dec22	Mar23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial			20.67	-	5.95	-	-

Competitive Comparison of flyExclusive's Receivables Turnover

For the Airlines subindustry, flyExclusive'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.

flyExclusive's Receivables Turnover Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, flyExclusive's Receivables Turnover distribution charts can be found below:

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

flyExclusive Receivables Turnover Calculation

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

flyExclusive'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 )
=	315.362	/ (	(14.088	+	0.849)	/	2 )
=	315.362	/	7.4685
=	42.23

flyExclusive's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

	Receivables Turnover (Q: Sep. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2023 )	/ (	(Accounts Receivable (Q: Mar. 2023 )	+	Accounts Receivable (Q: Sep. 2023 ))	/	count )
=	0	/ (	(11.794	+	0.719)	/	2 )
=	0	/	6.2565
=	N/A

flyExclusive (AMEX:FLYX) 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.

flyExclusive Receivables Turnover Related Terms

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flyExclusive (flyExclusive) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » flyExclusive Inc (AMEX:FLYX) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

2860 Jetport Road, Kinston, NC, USA, 28504

Website

https://www.flyexclusive.com

flyExclusive Inc is a premier owner and operator of curated private aviation experiences dedicated to surpassing passenger expectations for quality, convenience, and safety. its mission is to be the world's most vertically integrated private aviation company through capital-efficient program growth, an industry-leading pricing model, optimal dispatch availability, in-house training, and a controlled premium customer experience on modernized aircraft. The company had over 90 aircraft in its owned and leased fleet which includes light, midsize, super-midsize, and large jets. As one of the nation's largest Citation operators, it has curated a versatile fleet of Citation CJ3/CJ3 plus, Citation Excel/XLS/XLS plus, Citation Encore/Encore plus, Citation Sovereign, and Citation X aircraft.

flyExclusive (flyExclusive) Headlines

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