LPP (WAR:LPP) Receivables Turnover : 6.00 (As of Jan. 2024)

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What is LPP 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. LPP's Revenue for the three months ended in Jan. 2024 was zł4,841 Mil. LPP's average Accounts Receivable for the three months ended in Jan. 2024 was zł807 Mil. Hence, LPP's Receivables Turnover for the three months ended in Jan. 2024 was 6.00.

LPP Receivables Turnover Historical Data

The historical data trend for LPP'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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LPP Receivables Turnover Chart

LPP Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Jan20

Jan21

Jan22

Jan23

Receivables Turnover

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50.08

69.46

52.00

56.11

26.76

LPP Quarterly Data
	Mar19	Jun19	Sep19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Receivables Turnover	Get a 7-Day Free Trial															4.09	3.98	5.14	5.12	6.00

Competitive Comparison of LPP's Receivables Turnover

For the Apparel Manufacturing subindustry, LPP'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.

LPP's Receivables Turnover Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, LPP's Receivables Turnover distribution charts can be found below:

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

LPP Receivables Turnover Calculation

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

LPP's Receivables Turnover for the fiscal year that ended in Jan. 2023 is calculated as

	Receivables Turnover (A: Jan. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jan. 2023 )	/ (	(Accounts Receivable (A: Jan. 2022 )	+	Accounts Receivable (A: Jan. 2023 ))	/	count )
=	15926.5	/ (	(246.1	+	944.1)	/	2 )
=	15926.5	/	595.1
=	26.76

LPP's Receivables Turnover for the quarter that ended in Jan. 2024 is calculated as

	Receivables Turnover (Q: Jan. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jan. 2024 )	/ (	(Accounts Receivable (Q: Oct. 2023 )	+	Accounts Receivable (Q: Jan. 2024 ))	/	count )
=	4840.9	/ (	(804.6	+	809.7)	/	2 )
=	4840.9	/	807.15
=	6.00

LPP (WAR:LPP) 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.

LPP Receivables Turnover Related Terms

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LPP (WAR:LPP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » LPP SA (WAR:LPP) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

LPPSY:USA 0LVL:UK

Address

ul. Lakowa 39/44, Gdansk, POL, 80-769

Website

http://www.lppsa.com

LPP SA makes and sells clothing, footwear, bags, and accessories in Central and Eastern Europe. LPP has nearly 1,500 company-branded retail stores, which serve as the company's primary sales channel. Brands include Reserved, Cropp, House, Mohito, and Sinsay. Reserved stores account for roughly half of the company's sales volume. Geographically, most sales are in Poland, and Poland and Russia account for more than 80% of total sales. LPP purchases most of its materials in Asia, and the company's manufacturers are primarily located in China.

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