What is Service International 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. Service International's Revenue for the
three
months ended in Dec. 2023 was $1,056 Mil. Service International's average Accounts Receivable for the
three
months ended in Dec. 2023 was $91 Mil.
Hence, Service International's Receivables Turnover for the
three
months ended in Dec. 2023 was 11.60.
Service International Receivables Turnover Historical Data
The historical data trend for Service International'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 Service International's Receivables Turnover
For the Personal Services subindustry, Service International'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.
Service International's Receivables Turnover Distribution in the Personal Services Industry
For the Personal Services industry and Consumer Cyclical sector, Service International's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Service International's Receivables Turnover falls into.
Service International Receivables Turnover Calculation
Receivables Turnover measures the number of times a company collects its average accounts receivable balance.
Service International's Receivables Turnover for the fiscal year that ended in Dec. 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.
Service International (NYSE:SCI) 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.
Service International Receivables Turnover Related Terms
Thank you for viewing the detailed overview of Service International's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
Service International (Service International) Business Description
Service Corp International is a personal services company that provides funeral and cemetery services and products from its locations throughout the United States and Canada. The company segments its operations into funeral service and cemetery business functions. At its funeral service locations, Service Corp. provides all professional services, facilities, vehicles, and merchandise related to funerals and cremations. Cemetery locations provide cemetery property, memorial markers, and graveyard services to customers. Service Corp. derives the majority of its revenue from its funeral locations, while the cemetery division also generates a significant amount of the company's total income. Geographically, the company gets a major share of revenue from the United States.
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