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. EVI Industries's Revenue for the
three
months ended in Dec. 2024 was $92.7 Mil. EVI Industries's average Accounts Receivable for the
three
months ended in Dec. 2024 was $46.1 Mil.
Hence, EVI Industries's Receivables Turnover for the
three
months ended in Dec. 2024 was 2.01.
EVI Industries Receivables Turnover Historical Data
The historical data trend for EVI Industries'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 EVI Industries's Receivables Turnover
For the Industrial Distribution subindustry, EVI Industries'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.
EVI Industries's Receivables Turnover Distribution in the Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, EVI Industries's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where EVI Industries's Receivables Turnover falls into.
* 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.
EVI Industries (AMEX:EVI) 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.
EVI Industries Receivables Turnover Related Terms
Thank you for viewing the detailed overview of EVI Industries's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
EVI Industries Inc through its subsidiaries, is a distributor that sells, leases, and rents commercial, industrial, and vended laundry and dry cleaning equipment and steam and hot water boilers manufactured by others, supplies related replacement parts and accessories, designs and plans turn-key laundry, dry cleaning, and boiler systems, and provides installation and maintenance services to its customers, which include commercial, industrial, institutional, government, and retail customers. These activities are conducted in the United States, Canada, the Caribbean, and Latin America.
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