Fox Factory Holding Corp. — Earnings Quality Grade F
FOXF · Consumer Cyclical
Major red flags
Screening Summary
管理层信号
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 47 days, change +4 days YoY
AR outpaced revenue for 2 consecutive years
Revenue 5.3%, CFFO -53.8%. Cash follows revenue
Expense Quality
Inventory -4.0% vs COGS 5.5%. Normal
CapEx growth -22.9% vs revenue 5.3%. Normal
SG&A/Gross Profit = 64.0%. Normal
Gross margin 30.2%, change -0.2pp. Stable
Cash Flow Quality
CFFO/NI = -0.11. Below 1.0
FCF $0.0B, FCF/NI = -0.05
Accruals ratio = -36.2%. Low accruals
Cash $0.1B covers only 8% of debt $0.7B
Balance Sheet Health
Goodwill+Intangibles $0.5B = 72% of equity. Over 50%
Interest coverage = 0.9x (<2x). Financial stress
Other assets -11.6% vs revenue 5.3%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change -56% YoY. Normal
Manipulation Score
M-Score = -4.28 (< -2.22). Unlikely manipulator
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25