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. Genesco's Revenue for the
three
months ended in Jan. 2024 was $739 Mil. Genesco's average Accounts Receivable for the
three
months ended in Jan. 2024 was $55 Mil.
Hence, Genesco's Receivables Turnover for the
three
months ended in Jan. 2024 was 13.37.
Genesco Receivables Turnover Historical Data
The historical data trend for Genesco'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 Genesco's Receivables Turnover
For the Apparel Retail subindustry, Genesco'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.
Genesco's Receivables Turnover Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Genesco's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Genesco's Receivables Turnover falls into.
Genesco Receivables Turnover Calculation
Receivables Turnover measures the number of times a company collects its average accounts receivable balance.
Genesco's Receivables Turnover for the fiscal year that ended in Jan. 2024 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.
Genesco Receivables Turnover Related Terms
Thank you for viewing the detailed overview of Genesco's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
Genesco Inc sells footwear, headwear, sports apparel, and accessories. The company has four reportable segments namely Journeys Group, derives maximum revenue which comprised of Journeys, Journeys Kidz and Little Burgundy retail footwear chains, e-commerce operations, and catalog. Its Schuh Group comprised of the Schuh retail footwear chain and e-commerce operations. The Johnston & Murphy Group, comprised of Johnston & Murphy retail operations, e-commerce operations and catalog and wholesale distribution of products under the Johnston & Murphy and H.S. Trask brands. Licensed Brands, comprised of Dockers Footwear, under a license from Levi Strauss & Company.
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