Forte Biosciences (Forte Biosciences) Receivables Turnover : 0.00 (As of Mar. 2024)

Forte Biosciences Receivables Turnover Chart

Forte Biosciences Quarterly Data
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Competitive Comparison of Forte Biosciences's Receivables Turnover

For the Biotechnology subindustry, Forte Biosciences'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.

Forte Biosciences's Receivables Turnover Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Forte Biosciences's Receivables Turnover distribution charts can be found below:

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

Forte Biosciences Receivables Turnover Calculation

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

Forte Biosciences's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

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

* 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.

Forte Biosciences  (NAS:FBRX) 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.

Forte Biosciences Receivables Turnover Related Terms

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Forte Biosciences (Forte Biosciences) Business Description