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. J&J Snack Foods's Revenue for the
three
months ended in Dec. 2023 was $348 Mil. J&J Snack Foods's average Accounts Receivable for the
three
months ended in Dec. 2023 was $182 Mil.
Hence, J&J Snack Foods's Receivables Turnover for the
three
months ended in Dec. 2023 was 1.91.
J&J Snack Foods Receivables Turnover Historical Data
The historical data trend for J&J Snack Foods'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 J&J Snack Foods's Receivables Turnover
For the Packaged Foods subindustry, J&J Snack Foods'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.
J&J Snack Foods's Receivables Turnover Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, J&J Snack Foods's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where J&J Snack Foods's Receivables Turnover falls into.
J&J Snack Foods Receivables Turnover Calculation
Receivables Turnover measures the number of times a company collects its average accounts receivable balance.
J&J Snack Foods's Receivables Turnover for the fiscal year that ended in Sep. 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.
J&J Snack Foods Receivables Turnover Related Terms
Thank you for viewing the detailed overview of J&J Snack Foods's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
J&J Snack Foods (J&J Snack Foods) Business Description
J&J Snack Foods Corp manufactures, markets, and distributes snack foods and beverages to foodservice and retail supermarket outlets. The company's products include frozen beverages, juice, fruit bars, sorbet, cakes, and cookies that are distributed to various consumers, including restaurants, supermarkets, convenience stores, universities, theaters, and theme parks. The company operates in three business segments: food service, which sells snacks, desserts, and baked goods at the point-of-sale; retail supermarkets, which sells frozen and prepackaged products to supermarkets; and frozen beverages, which sells frozen beverages under brands Icee, Slush puppie, and Parrot ice in the United States, Mexico, and Canada.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
JJSF has been successfully added to your 