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. Luvu Brands's Revenue for the
three
months ended in Mar. 2024 was $5.92 Mil. Luvu Brands's average Accounts Receivable for the
three
months ended in Mar. 2024 was $1.29 Mil.
Hence, Luvu Brands's Receivables Turnover for the
three
months ended in Mar. 2024 was 4.60.
Luvu Brands Receivables Turnover Historical Data
The historical data trend for Luvu Brands'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.
Competitive Comparison of Luvu Brands's Receivables Turnover
For the Furnishings, Fixtures & Appliances subindustry, Luvu Brands'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.
Luvu Brands's Receivables Turnover Distribution in the Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Luvu Brands's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Luvu Brands's Receivables Turnover falls into.
Luvu Brands Receivables Turnover Calculation
Receivables Turnover measures the number of times a company collects its average accounts receivable balance.
Luvu Brands's Receivables Turnover for the fiscal year that ended in Jun. 2023 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.
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.
Luvu Brands Receivables Turnover Related Terms
Thank you for viewing the detailed overview of Luvu Brands's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
Luvu Brands Inc designs, manufactures, and markets a portfolio of consumer lifestyle brands including Liberator, a brand category of iconic products for enhancing sensuality and intimacy; Avana, inclined bed therapy products, assistive in relieving medical conditions associated with acid reflux, surgery recovery, and chronic pain; and Jaxx, a diverse range of casual fashion daybeds, sofas, and beanbags made from virgin and re-purposed polyurethane foam. It conducts its business through three primary sales channels: Direct, Wholesale, and Others. The brands of the company involve Avana, Liberator, Jaxx, Panelist, CreAtl and Zipline.
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