Myer Holdings (ASX:MYR) Receivables Turnover : 58.86 (As of Jan. 2024)

Myer Holdings Receivables Turnover Chart

Myer Holdings Annual Data
	Trend	Jul14	Jul15	Jul16	Jul17	Jul18	Jul19	Jul20	Jul21	Jul22	Jul23
Receivables Turnover		Get a 7-Day Free Trial					361.53	177.32	179.21	213.75	232.78

Myer Holdings Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Receivables Turnover	Get a 7-Day Free Trial															60.07	52.62	64.38	51.55	58.86

Competitive Comparison of Myer Holdings's Receivables Turnover

For the Department Stores subindustry, Myer Holdings'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.

Myer Holdings's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Myer Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Myer Holdings's Receivables Turnover falls into.

Myer Holdings Receivables Turnover Calculation

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

Myer Holdings's Receivables Turnover for the fiscal year that ended in Jul. 2023 is calculated as

Myer Holdings's Receivables Turnover for the quarter 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.

Myer Holdings  (ASX:MYR) 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.

Myer Holdings Receivables Turnover Related Terms

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Myer Holdings (ASX:MYR) Business Description