Iconix Brand Group (FRA:IKIA) Receivables Turnover : 1.14 (As of Mar. 2021)

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What is Iconix Brand Group 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. Iconix Brand Group's Revenue for the three months ended in Mar. 2021 was €19.85 Mil. Iconix Brand Group's average Accounts Receivable for the three months ended in Mar. 2021 was €17.42 Mil. Hence, Iconix Brand Group's Receivables Turnover for the three months ended in Mar. 2021 was 1.14.

Iconix Brand Group Receivables Turnover Historical Data

The historical data trend for Iconix Brand Group'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.

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Iconix Brand Group Receivables Turnover Chart

Iconix Brand Group Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Receivables Turnover

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3.09

3.25

3.63

4.26

3.68

Iconix Brand Group Quarterly Data
	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
Receivables Turnover	Get a 7-Day Free Trial															0.91	0.87	1.25	1.59	1.14

Competitive Comparison of Iconix Brand Group's Receivables Turnover

For the Apparel Manufacturing subindustry, Iconix Brand Group'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.

Iconix Brand Group's Receivables Turnover Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Iconix Brand Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Iconix Brand Group's Receivables Turnover falls into.

Iconix Brand Group Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Iconix Brand Group's Receivables Turnover for the fiscal year that ended in Dec. 2020 is calculated as

	Receivables Turnover (A: Dec. 2020 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2020 )	/ (	(Accounts Receivable (A: Dec. 2019 )	+	Accounts Receivable (A: Dec. 2020 ))	/	count )
=	89.249	/ (	(28.231	+	20.333)	/	2 )
=	89.249	/	24.282
=	3.68

Iconix Brand Group's Receivables Turnover for the quarter that ended in Mar. 2021 is calculated as

	Receivables Turnover (Q: Mar. 2021 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2021 )	/ (	(Accounts Receivable (Q: Dec. 2020 )	+	Accounts Receivable (Q: Mar. 2021 ))	/	count )
=	19.853	/ (	(20.333	+	14.498)	/	2 )
=	19.853	/	17.4155
=	1.14

Iconix Brand Group (FRA:IKIA) 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.

Iconix Brand Group Receivables Turnover Related Terms

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Iconix Brand Group (FRA:IKIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Iconix Brand Group Inc (FRA:IKIA) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

1450 Broadway, 3rd Floor, New York, NY, USA, 10018

Website

https://www.iconixbrand.com

Iconix Brand Group Inc owns a portfolio of consumer brands in the apparel and home categories. It monetizes the brands through licensing and joint ventures with retailers and wholesalers worldwide. Its retail licensees include Wal-Mart, Target, Kohl's, and Kmart/Sears. Some of the company's notable brands are Peanuts, Mossimo, Starter, Sharper Image, and London Fog. Licensees are responsible for design, manufacture, and distribution, while Iconix manages advertising and promotional campaigns. Most agreements require licensees to pay Iconix for advertising and marketing and to guarantee Iconix a minimum amount of royalty revenue.

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