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. Hawkins's Revenue for the
three
months ended in Dec. 2023 was $208.5 Mil. Hawkins's average Accounts Receivable for the
three
months ended in Dec. 2023 was $118.9 Mil.
Hence, Hawkins's Receivables Turnover for the
three
months ended in Dec. 2023 was 1.75.
Hawkins Receivables Turnover Historical Data
The historical data trend for Hawkins'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 Hawkins's Receivables Turnover
For the Specialty Chemicals subindustry, Hawkins'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.
Hawkins's Receivables Turnover Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Hawkins's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Hawkins's Receivables Turnover falls into.
Hawkins Receivables Turnover Calculation
Receivables Turnover measures the number of times a company collects its average accounts receivable balance.
Hawkins's Receivables Turnover for the fiscal year that ended in Mar. 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.
Hawkins Receivables Turnover Related Terms
Thank you for viewing the detailed overview of Hawkins's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
Hawkins Inc manufactures and sells a variety of chemicals and ingredients. The firm organizes itself into three segments based on the product type. The industrial segment, which generates the majority of revenue, sells private label bleach, caustic soda, sulfuric acid, hydrochloric acid, phosphoric acid, potassium hydroxide, and aqua ammonia. The water treatment segment sells chemicals and equipment used to treat potable water, municipal and industrial wastewater, industrial process water, and non-residential swimming pool water. The health and nutrition segment sells ingredients to food, beverage, personal care, and dietary supplement producers. The vast majority of revenue comes from the United States.
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