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. Finish Line's Revenue for the
three
months ended in Feb. 2018 was $561 Mil. Finish Line's average Accounts Receivable for the
three
months ended in Feb. 2018 was $18 Mil.
Hence, Finish Line's Receivables Turnover for the
three
months ended in Feb. 2018 was 31.67.
Finish Line Receivables Turnover Historical Data
The historical data trend for Finish Line'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 Finish Line's Receivables Turnover
For the Specialty Retail subindustry, Finish Line'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.
Finish Line's Receivables Turnover Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Finish Line's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Finish Line's Receivables Turnover falls into.
Finish Line Receivables Turnover Calculation
Receivables Turnover measures the number of times a company collects its average accounts receivable balance.
Finish Line's Receivables Turnover for the fiscal year that ended in Feb. 2018 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.
Finish Line (NAS:FINL) 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.
Finish Line Receivables Turnover Related Terms
Thank you for viewing the detailed overview of Finish Line's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
Finish Line is a United States-based specialty retailer that is principally engaged in the sale of athletic footwear, apparel, and accessories, with presence in the United States, Puerto Rico, and the District of Columbia. The company operates business through physical stores and digital formats under two brands: Finish Line and JackRabbit. Finish Line is a mall-based retailer offering brand names including Nike, Brand Jordan, Adidas, Under Armour, and Puma. JackRabbit is a lifestyle community-based retailer offering brand names, such as Brooks, Asics, Nike, Saucony, New Balance, and others. The company also operates unbranded stores at Macy's, without Finish Line signage. The company generates the majority of its total net sales from the Finish Line division.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
FINL has been successfully added to your 