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Texas Roadhouse (FRA:ROW) Receivables Turnover : 11.55 (As of Mar. 2024)


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What is Texas Roadhouse 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. Texas Roadhouse's Revenue for the three months ended in Mar. 2024 was €1,216 Mil. Texas Roadhouse's average Accounts Receivable for the three months ended in Mar. 2024 was €105 Mil. Hence, Texas Roadhouse's Receivables Turnover for the three months ended in Mar. 2024 was 11.55.


Texas Roadhouse Receivables Turnover Historical Data

The historical data trend for Texas Roadhouse'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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Texas Roadhouse Receivables Turnover Chart

Texas Roadhouse Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.12 23.15 27.41 26.63 28.06

Texas Roadhouse Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.14 22.84 20.66 10.33 11.55

Competitive Comparison of Texas Roadhouse's Receivables Turnover

For the Restaurants subindustry, Texas Roadhouse'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.


Texas Roadhouse's Receivables Turnover Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Texas Roadhouse's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Texas Roadhouse's Receivables Turnover falls into.



Texas Roadhouse Receivables Turnover Calculation

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

Texas Roadhouse'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 )
=4247.243 / ((141.849 + 160.91) / 2 )
=4247.243 / 151.3795
=28.06

Texas Roadhouse'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 )
=1215.52 / ((160.91 + 49.594) / 2 )
=1215.52 / 105.252
=11.55

* 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.


Texas Roadhouse  (FRA:ROW) 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.


Texas Roadhouse Receivables Turnover Related Terms

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Texas Roadhouse (FRA:ROW) Business Description

Traded in Other Exchanges
Address
6040 Dutchmans Lane, Louisville, KY, USA, 40205
Texas Roadhouse Inc is a restaurant company operating predominately in the casual dining segment. The company's operating segment includes Texas Roadhouse; Bubba's 33 and others. It generates maximum revenue from the Texas Roadhouse segment.

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