Industria De Diseno Textil (Industria De Diseno Textil) Receivables Turnover : 11.68 (As of Jan. 2024)

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What is Industria De Diseno Textil Receivables Turnover?

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. Industria De Diseno Textil's Revenue for the three months ended in Jan. 2024 was $11,261 Mil. Industria De Diseno Textil's average Accounts Receivable for the three months ended in Jan. 2024 was $964 Mil. Hence, Industria De Diseno Textil's Receivables Turnover for the three months ended in Jan. 2024 was 11.68.

Industria De Diseno Textil Receivables Turnover Historical Data

The historical data trend for Industria De Diseno Textil'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.

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Industria De Diseno Textil Receivables Turnover Chart

Industria De Diseno Textil Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Receivables Turnover

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58.38

46.07

56.90

57.93

59.63

Industria De Diseno Textil Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Receivables Turnover	Get a 7-Day Free Trial															12.82	9.49	9.12	7.81	11.68

Competitive Comparison of Industria De Diseno Textil's Receivables Turnover

For the Apparel Retail subindustry, Industria De Diseno Textil'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.

Industria De Diseno Textil's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Industria De Diseno Textil's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Industria De Diseno Textil's Receivables Turnover falls into.

Industria De Diseno Textil Receivables Turnover Calculation

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

Industria De Diseno Textil's Receivables Turnover for the fiscal year that ended in Jan. 2024 is calculated as

	Receivables Turnover (A: Jan. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jan. 2024 )	/ (	(Accounts Receivable (A: Jan. 2023 )	+	Accounts Receivable (A: Jan. 2024 ))	/	count )
=	39157.952	/ (	(635.776	+	677.56)	/	2 )
=	39157.952	/	656.668
=	59.63

Industria De Diseno Textil's Receivables Turnover for the quarter that ended in Jan. 2024 is calculated as

	Receivables Turnover (Q: Jan. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jan. 2024 )	/ (	(Accounts Receivable (Q: Oct. 2023 )	+	Accounts Receivable (Q: Jan. 2024 ))	/	count )
=	11261.438	/ (	(1250.264	+	677.56)	/	2 )
=	11261.438	/	963.912
=	11.68

Industria De Diseno Textil (OTCPK:IDEXY) 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.

Industria De Diseno Textil Receivables Turnover Related Terms

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Industria De Diseno Textil (Industria De Diseno Textil) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Industria De Diseno Textil SA (OTCPK:IDEXY) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

IDEXF:USA ITX:Mexico ITXe:UK 0QWI:UK ITX:Spain IXD1:Germany

Address

Edificio Inditex, Avenida de la Diputación, Arteixo, ESP, 15142

Website

https://www.inditex.com

Inditex is a multibrand fashion conglomerate, founded in 1985. Zara is its flagship brand (including Zara Home), generating just over 70% of revenue and 75% of profits. Other brands include Pull & Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, and Uterque. The company operates through 5,800-plus stores globally, over 1,800 of them belonging to the Zara brand. Sixty-five percent of revenue is generated in the European home market, while the Americas and Asia contribute 20% and 14%, respectively. The company keeps design in house while mostly outsourcing manufacturing (own manufacturing constitutes only a low-single-digit percentage of output). Over 50% of sourcing factories are in proximity to the company's headquarters in Spain.

Industria De Diseno Textil (Industria De Diseno Textil) Headlines

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