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. Johnson Outdoors's Revenue for the
three
months ended in Dec. 2023 was $138.6 Mil. Johnson Outdoors's average Accounts Receivable for the
three
months ended in Dec. 2023 was $63.1 Mil.
Hence, Johnson Outdoors's Receivables Turnover for the
three
months ended in Dec. 2023 was 2.20.
Johnson Outdoors Receivables Turnover Historical Data
The historical data trend for Johnson Outdoors'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 Johnson Outdoors's Receivables Turnover
For the Leisure subindustry, Johnson Outdoors'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.
Johnson Outdoors's Receivables Turnover Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Johnson Outdoors's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Johnson Outdoors's Receivables Turnover falls into.
Johnson Outdoors Receivables Turnover Calculation
Receivables Turnover measures the number of times a company collects its average accounts receivable balance.
Johnson Outdoors'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.
Johnson Outdoors (NAS:JOUT) 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.
Johnson Outdoors Receivables Turnover Related Terms
Thank you for viewing the detailed overview of Johnson Outdoors's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
Johnson Outdoors (Johnson Outdoors) Business Description
Johnson Outdoors Inc is a manufacturer and marketer of branded seasonal, outdoor recreation products used for fishing from a boat, diving, paddling, hiking and camping. The company has four operating segment: Fishing, Camping, Watercraft Recreation, and Diving. It generates maximum revenue from the Fishing segment which produces and markets products under different brands such as Minn Kota electric motors for quiet trolling or primary propulsion, marine battery chargers and shallow water anchors; Humminbird sonar and GPS equipment for fish finding, navigation and marine cartography; and Cannon downriggers for controlled-depth fishing. Geographically, it derives a majority of revenue from the United States and also has a presence in Europe, Canada, and other regions.
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