Cal-Maine Foods (Cal-Maine Foods) Receivables Turnover : 3.72 (As of Feb. 2024)

Cal-Maine Foods Receivables Turnover Chart

Cal-Maine Foods Annual Data
	Trend	May14	May15	May16	May17	May18	May19	May20	May21	May22	May23
Receivables Turnover		Get a 7-Day Free Trial					19.76	19.03	16.45	14.32	22.47

Cal-Maine Foods Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Receivables Turnover	Get a 7-Day Free Trial															4.25	4.33	3.89	3.60	3.72

Competitive Comparison of Cal-Maine Foods's Receivables Turnover

For the Farm Products subindustry, Cal-Maine Foods'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.

Cal-Maine Foods's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Cal-Maine Foods's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Cal-Maine Foods's Receivables Turnover falls into.

Cal-Maine Foods Receivables Turnover Calculation

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

Cal-Maine Foods's Receivables Turnover for the fiscal year that ended in May. 2023 is calculated as

Cal-Maine Foods's Receivables Turnover for the quarter that ended in Feb. 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.

Cal-Maine Foods  (NAS:CALM) 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.

Cal-Maine Foods Receivables Turnover Related Terms

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Cal-Maine Foods (Cal-Maine Foods) Business Description