Fridays Dog Holdings (Fridays Dog Holdings) Receivables Turnover : 1.11 (As of Mar. 2024)

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What is Fridays Dog Holdings 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. Fridays Dog Holdings's Revenue for the three months ended in Mar. 2024 was $0.01 Mil. Fridays Dog Holdings's average Accounts Receivable for the three months ended in Mar. 2024 was $0.01 Mil. Hence, Fridays Dog Holdings's Receivables Turnover for the three months ended in Mar. 2024 was 1.11.

Fridays Dog Holdings Receivables Turnover Historical Data

The historical data trend for Fridays Dog Holdings'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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Fridays Dog Holdings Receivables Turnover Chart

Fridays Dog Holdings Annual Data

Trend

Jan21

Jan22

Dec23

Receivables Turnover

Fridays Dog Holdings Quarterly Data
	Jan21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial								1.01	1.38	1.00	-	1.11

Competitive Comparison of Fridays Dog Holdings's Receivables Turnover

For the Household & Personal Products subindustry, Fridays Dog Holdings'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.

Fridays Dog Holdings's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Fridays Dog Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Fridays Dog Holdings's Receivables Turnover falls into.

Fridays Dog Holdings Receivables Turnover Calculation

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

Fridays Dog Holdings'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: Jan. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	0.199	/ (	(0	+	0)	/	1 )
=	0.199	/	0
=	N/A

Fridays Dog Holdings'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 )
=	0.01	/ (	(0	+	0.009)	/	1 )
=	0.01	/	0.009
=	1.11

Fridays Dog Holdings (OTCPK:FDOGF) 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.

Fridays Dog Holdings Receivables Turnover Related Terms

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Fridays Dog Holdings (Fridays Dog Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Fridays Dog Holdings Inc (OTCPK:FDOGF) » Definitions » Receivables Turnover

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FRDY:Canada

Address

710 - 1030 West Georgia Street, Vancouver, BC, CAN, V6E 2Y3

Website

https://www.investors.fridaysdog.com

Fridays Dog Holdings Inc is a consumer brand company commercializing a science-driven formulation portfolio of pet care products that use natural, non-toxic ingredients and cruelty-free testing. The product portfolio consists of wash and care products, medicated aids, premium calming treats, and grooming tools.