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. Ulta Beauty's Revenue for the
three
months ended in Jan. 2024 was $3,554 Mil. Ulta Beauty's average Accounts Receivable for the
three
months ended in Jan. 2024 was $205 Mil.
Hence, Ulta Beauty's Receivables Turnover for the
three
months ended in Jan. 2024 was 17.30.
Ulta Beauty Receivables Turnover Historical Data
The historical data trend for Ulta Beauty'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 Ulta Beauty's Receivables Turnover
For the Specialty Retail subindustry, Ulta Beauty'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.
Ulta Beauty's Receivables Turnover Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Ulta Beauty's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Ulta Beauty's Receivables Turnover falls into.
Ulta Beauty Receivables Turnover Calculation
Receivables Turnover measures the number of times a company collects its average accounts receivable balance.
Ulta Beauty's Receivables Turnover for the fiscal year that ended in Jan. 2024 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.
Ulta Beauty Receivables Turnover Related Terms
Thank you for viewing the detailed overview of Ulta Beauty's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
With 1,355 stores at the end of fiscal 2022 and a partnership with Target, Ulta Beauty is the largest specialized beauty retailer in the U.S. The firm offers makeup (42% of 2022 sales), fragrances, skin care, and hair care products (21% of 2022 sales), and bath and body items. Ulta offers private-label products and merchandise from more than 500 vendors. It also offers salon services, including hair, makeup, skin, and brow services, in all stores. Most Ulta stores are approximately 10,000 square feet and are in suburban strip centers. Ulta was founded in 1990 and is based in Bolingbrook, Illinois.
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