GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Fisker Inc (OTCPK:FSRN) » Definitions » Receivables Turnover

Fisker (Fisker) Receivables Turnover : 11.10 (As of Dec. 2023)


View and export this data going back to 2020. Start your Free Trial

What is Fisker 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. Fisker's Revenue for the three months ended in Dec. 2023 was $200.1 Mil. Fisker's average Accounts Receivable for the three months ended in Dec. 2023 was $18.0 Mil. Hence, Fisker's Receivables Turnover for the three months ended in Dec. 2023 was 11.10.


Fisker Receivables Turnover Historical Data

The historical data trend for Fisker'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.

Fisker Receivables Turnover Chart

Fisker Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial - - - - 15.15

Fisker Quarterly Data
Dec18 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 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 - - - - 11.10

Competitive Comparison of Fisker's Receivables Turnover

For the Auto Manufacturers subindustry, Fisker'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.


Fisker's Receivables Turnover Distribution in the Vehicles & Parts Industry

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

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



Fisker Receivables Turnover Calculation

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

Fisker'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 )
=272.883 / ((0 + 18.018) / 1 )
=272.883 / 18.018
=15.15

Fisker'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 )
=200.06 / ((0 + 18.018) / 1 )
=200.06 / 18.018
=11.10

* 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.


Fisker  (OTCPK:FSRN) 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.


Fisker Receivables Turnover Related Terms

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


Fisker (Fisker) Business Description

Traded in Other Exchanges
Address
1888 Rosecrans Avenue, Manhattan Beach, CA, USA, 90266
Fisker Inc is revolutionizing the automotive industry by developing emotionally desirable and eco-friendly electric vehicles on Earth. The company is an e-mobility service provider with sustainable vehicles.
Executives
Florus Beuting officer: Chief Accounting Officer C/O PLBY GROUP, INC., 10960 WILSHIRE BLVD, SUITE 2200, LOS ANGELES CA 90024
Burkhard J. Huhnke officer: Chief Technology Officer C/O FISKER INC., 1580 FRANCISCO STREET, SUITE B, TORRANCE CA 90501
Fifthdelta Ltd 10 percent owner 15 SACKVILLE STREET, 1ST FLOOR, LONDON X0 W1S 3DJ
Finnucan John C Iv officer: Chief Accounting Officer C/O FISKER INC., 1580 FRANCISCO STREET, SUITE B, TORRANCE CA 90501
Henrik Fisker director, officer: President & CEO C/O FISKER INC., 1580 FRANCISCO STREET, SUITE B, TORRANCE CA 90501
Wendy J. Greuel director C/O FISKER INC., 1580 FRANCISCO STREET, SUITE B, TORRANCE CA 90501
Mitchell Zuklie director C/O FISKER INC., 1888 ROSECRANS AVENUE, MANHATTAN BEACH CA 90266
Mark E Hickson director 700 UNIVERSE BLVD, JUNO BEACH FL 33408
William R Mcdermott director 2225 LAWSON LANE, SANTA CLARA CA 95054
Geeta Gupta director, officer: Chief Financial Officer C/O FISKER INC., 1580 FRANCISCO STREET, SUITE B, TORRANCE CA 90501
Spartan Energy Acquisition Sponsor Llc 10 percent owner 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Roderick K. Randall director C/O FISKER INC., 1580 FRANCISCO STREET, SUITE B, TORRANCE CA 90501
Nadine I Watt director C/O FISKER INC., 1580 FRANCISCO STREET, SUITE B, TORRANCE CA 90501
Glazer Capital, Llc 10 percent owner 250 WEST 55TH STREET, SUITE 30A, NEW YORK NY 10019
Paul J Glazer 10 percent owner 250 WEST 55TH ST, SUITE 30A, NEW YORK NY 10019