Focus Universal Inc 's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the forth quarter 2024 to a ratio of
14.54, above the company average. This is a clear sign of healthy business climate in the IT Infrastructure industry and improving liquidity at their respective customers, during the forth quarter 2024. Average receivable collection period, for the Focus Universal Inc in Dec 31 2024 quarter, has decreased to 25 days, compared to 44 days, in the Sep 30 2024 quarter.
If we take a look into
Technology sector 32 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to
438, from overall ranking in the third quarter 2024 at
2194.
What is Receivable Turnover Ratio?
What is Focus Universal Inc Selling?
What is Receivable Turnover Ratio?