Figaro Coffee Group (PHS:FCG) Receivables Turnover : 5.43 (As of Mar. 2024)

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What is Figaro Coffee Group 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. Figaro Coffee Group's Revenue for the three months ended in Mar. 2024 was ₱1,311 Mil. Figaro Coffee Group's average Accounts Receivable for the three months ended in Mar. 2024 was ₱241 Mil. Hence, Figaro Coffee Group's Receivables Turnover for the three months ended in Mar. 2024 was 5.43.

Figaro Coffee Group Receivables Turnover Historical Data

The historical data trend for Figaro Coffee Group'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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Figaro Coffee Group Receivables Turnover Chart

Figaro Coffee Group Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Receivables Turnover

10.67

0.90

33.22

38.46

Figaro Coffee Group Quarterly Data
	Jun19	Jun20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial									8.05	7.88	7.36	6.54	5.43

Competitive Comparison of Figaro Coffee Group's Receivables Turnover

For the Restaurants subindustry, Figaro Coffee Group'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.

Figaro Coffee Group's Receivables Turnover Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Figaro Coffee Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Figaro Coffee Group's Receivables Turnover falls into.

Figaro Coffee Group Receivables Turnover Calculation

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

Figaro Coffee Group's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Receivables Turnover (A: Jun. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jun. 2023 )	/ (	(Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )
=	4284.081	/ (	(73.367	+	149.422)	/	2 )
=	4284.081	/	111.3945
=	38.46

Figaro Coffee Group'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 )
=	1310.743	/ (	(234.814	+	247.819)	/	2 )
=	1310.743	/	241.3165
=	5.43

Figaro Coffee Group (PHS:FCG) 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.

Figaro Coffee Group Receivables Turnover Related Terms

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Figaro Coffee Group (PHS:FCG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Figaro Coffee Group Inc (PHS:FCG) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

116 East Main Avenue, Binan, Phase V-Sez, Laguna Technopark, Laguna, LAG, PHL

Website

https://www.figaro.ph

Figaro Coffee Group Inc is engaged in processing, manufacturing, packaging all kinds of food products, and establishing and maintaining restaurants, coffee shops, and refreshments parlor s; to serve, arrange, cater foods, drinks, refreshments, and other food commodities. The brands of the company include Figaro Coffee. Angel's Pizza, Tien-Ma's, and The Figaro Group Express. The company earns majority of its revenue from Angel's Pizza.