Full Truck Alliance Co (Full Truck Alliance Co) Receivables Turnover : 73.67 (As of Mar. 2024)

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What is Full Truck Alliance Co 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. Full Truck Alliance Co's Revenue for the three months ended in Mar. 2024 was $315 Mil. Full Truck Alliance Co's average Accounts Receivable for the three months ended in Mar. 2024 was $4 Mil. Hence, Full Truck Alliance Co's Receivables Turnover for the three months ended in Mar. 2024 was 73.67.

Full Truck Alliance Co Receivables Turnover Historical Data

The historical data trend for Full Truck Alliance Co'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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Full Truck Alliance Co Receivables Turnover Chart

Full Truck Alliance Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

96.08

87.89

147.92

299.86

459.10

Full Truck Alliance Co Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial												100.77	104.27	114.79	108.82	73.67

Competitive Comparison of Full Truck Alliance Co's Receivables Turnover

For the Software - Application subindustry, Full Truck Alliance Co'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.

Full Truck Alliance Co's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Full Truck Alliance Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Full Truck Alliance Co's Receivables Turnover falls into.

Full Truck Alliance Co Receivables Turnover Calculation

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

Full Truck Alliance Co'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 )
=	1181.502	/ (	(1.867	+	3.28)	/	2 )
=	1181.502	/	2.5735
=	459.10

Full Truck Alliance Co'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 )
=	315.033	/ (	(3.28	+	5.273)	/	2 )
=	315.033	/	4.2765
=	73.67

Full Truck Alliance Co (NYSE:YMM) 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.

Full Truck Alliance Co Receivables Turnover Related Terms

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Full Truck Alliance Co (Full Truck Alliance Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Full Truck Alliance Co Ltd (NYSE:YMM) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

892:Germany

Address

20 Fengxin Road, Wanbo Science and Technology Park, Yuhuatai District, Nanjing, CHN, 210012

Website

https://www.fulltruckalliance.com

Full Truck Alliance Co Ltd, through its subsidiaries, provides comprehensive services for shippers and truckers through its mobile and the website platforms. Its principal operations are in the People's Republic of China. The group derives its revenues principally from shippers' and truckers' use of its platforms in connection with freight matching services and value-added services.