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. Carter's's Revenue for the
three
months ended in Dec. 2023 was $858 Mil. Carter's's average Accounts Receivable for the
three
months ended in Dec. 2023 was $203 Mil.
Hence, Carter's's Receivables Turnover for the
three
months ended in Dec. 2023 was 4.22.
Carter's Receivables Turnover Historical Data
The historical data trend for Carter's'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 Carter's's Receivables Turnover
For the Apparel Retail subindustry, Carter's'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.
Carter's's Receivables Turnover Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Carter's's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Carter's's Receivables Turnover falls into.
Carter's Receivables Turnover Calculation
Receivables Turnover measures the number of times a company collects its average accounts receivable balance.
Carter's's Receivables Turnover for the fiscal year that ended in Dec. 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.
Carter's Receivables Turnover Related Terms
Thank you for viewing the detailed overview of Carter's's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
Carter's Inc makes apparel for babies and children under brand names including Carter's and OshKosh B'gosh. It sells its products through a multi-channel business model, which includes retail stores, eCommerce, and wholesale sales channels, as well as retail omnichannel capabilities in the United States and Canada, which enables it to reach a broad range of consumers around the world. The company operates in three segments; U.S. Retail, U.S. Wholesale, and International. The majority of Carter's sales are in the U.S. and through Carter's brand. The company predominantly sources products through contract manufacturers in Asia. It has multiple distribution centers in the U.S., in addition to distribution centers in Canada and Asia that serve international customers.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
CRI has been successfully added to your 