AXIL (AXIL Brands) Receivables Turnover : 7.57 (As of Nov. 2024)

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What is AXIL Brands 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. AXIL Brands's Revenue for the three months ended in Nov. 2024 was $7.73 Mil. AXIL Brands's average Accounts Receivable for the three months ended in Nov. 2024 was $1.02 Mil. Hence, AXIL Brands's Receivables Turnover for the three months ended in Nov. 2024 was 7.57.

AXIL Brands Receivables Turnover Historical Data

The historical data trend for AXIL Brands'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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AXIL Brands Receivables Turnover Chart

AXIL Brands Annual Data

Trend

May17

May18

May19

May20

May21

May22

May23

May24

Receivables Turnover

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7.73

11.97

23.72

89.95

59.33

AXIL Brands Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Receivables Turnover	Get a 7-Day Free Trial															11.95	7.73	10.57	10.55	7.57

Competitive Comparison of AXIL Brands's Receivables Turnover

For the Consumer Electronics subindustry, AXIL Brands'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.

AXIL Brands's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, AXIL Brands's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where AXIL Brands's Receivables Turnover falls into.

AXIL Brands Receivables Turnover Calculation

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

AXIL Brands's Receivables Turnover for the fiscal year that ended in May. 2024 is calculated as

	Receivables Turnover (A: May. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: May. 2024 )	/ (	(Accounts Receivable (A: May. 2023 )	+	Accounts Receivable (A: May. 2024 ))	/	count )
=	27.499	/ (	(0.417	+	0.51)	/	2 )
=	27.499	/	0.4635
=	59.33

AXIL Brands's Receivables Turnover for the quarter that ended in Nov. 2024 is calculated as

	Receivables Turnover (Q: Nov. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Nov. 2024 )	/ (	(Accounts Receivable (Q: Aug. 2024 )	+	Accounts Receivable (Q: Nov. 2024 ))	/	count )
=	7.733	/ (	(0.599	+	1.444)	/	2 )
=	7.733	/	1.0215
=	7.57

AXIL Brands (AMEX:AXIL) 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.

AXIL Brands Receivables Turnover Related Terms

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AXIL Brands Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » AXIL Brands Inc (AMEX:AXIL) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

120 E 13065, Suite 101, Draper, UT, USA, 84020

Website

https://www.goaxil.com

AXIL Brands Inc is a company which is is a manufacturer and marketer of premium hearing enhancement and protection products, including ear plugs, earmuffs, and ear buds, under the AXIL brand. AXIL delivers top hearing enhancement, protection, & audio devices. From ultra comfortable fitting processes, to stereo quality sound performance, to reliable & durable engineering.

Executives

Nancy Hundt	director	C/O CUMETRIX DATA SYSTEMS CORP, 957 LAWSON STREET, CITY OF INDUSTRY CA 91748
Jeff Toghraie	director, 10 percent owner, officer: Chairman, CEO	C/O CUMETRIX DATA SYSTEMS CORP, 957 LAWSON ST, INDUSTRY CA 91748
Monica Diaz Brickell	officer: Chief Financial Officer	901 FREMONT AVE., UNIT 158 AND 168, ALHAMBRA CA 92024
Jeffrey B. Brown	officer: Chief Operating Officer	C/O REVIV3 PROCARE COMPANY, 9480 TELSTAR AVE., SUITE 5, EL MONTE CA 91731
Meenu Jain	officer: Chief Financial Officer	C/O REVIV3 PROCARE COMPANY, 9480 TELSTAR AVE., SUITE 5, EL MONTE CA 91731
Christopher Go	officer: Chief Financial Officer	C/O REVIV3 PROCARE COMPANY, 9480 TELSTAR AVE., SUITE 5, EL MONTE CA 91731
Donald Starace	officer: President	C/O REVIV3 PROCARE COMPANY, 9480 TELSTAR AVE., SUITE 5, EL MONTE CA 91731
Intrepid Global Advisors, Inc.	10 percent owner	325 N. MAPLE DRIVE, #5114, BEVERLY HILLS CA 90210
Shircoo, Inc.	10 percent owner	2350 ALLVIEW TERRACE EAST, LOS ANGELES CA 90068