Kontoor Brands (FRA:3KO) Receivables Turnover : 3.09 (As of Dec. 2024)

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What is Kontoor 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. Kontoor Brands's Revenue for the three months ended in Dec. 2024 was €668 Mil. Kontoor Brands's average Accounts Receivable for the three months ended in Dec. 2024 was €216 Mil. Hence, Kontoor Brands's Receivables Turnover for the three months ended in Dec. 2024 was 3.09.

Kontoor Brands Receivables Turnover Historical Data

The historical data trend for Kontoor 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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Kontoor Brands Receivables Turnover Chart

Kontoor Brands Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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8.48

9.60

10.65

12.16

12.17

Kontoor Brands Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															3.02	2.87	2.74	3.03	3.09

Competitive Comparison of Kontoor Brands's Receivables Turnover

For the Apparel Manufacturing subindustry, Kontoor 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.

Kontoor Brands's Receivables Turnover Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Kontoor Brands's Receivables Turnover distribution charts can be found below:

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

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Kontoor Brands Receivables Turnover Calculation

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

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

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	2490.237	/ (	(184.235	+	225.164)	/	2 )
=	2490.237	/	204.6995
=	12.17

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

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Sep. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	667.816	/ (	(207.622	+	225.164)	/	2 )
=	667.816	/	216.393
=	3.09

Kontoor Brands (FRA:3KO) 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.

Kontoor Brands Receivables Turnover Related Terms

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Kontoor Brands Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Kontoor Brands Inc (FRA:3KO) » Definitions » Receivables Turnover

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Traded in Other Exchanges

KTB:USA

Address

400 North Elm Street, Greensboro, NC, USA, 27401

Website

https://www.kontoorbrands.com

Kontoor Brands Inc is a lifestyle apparel company. It is engaged in designing, manufacturing, sourcing, marketing, and distribution of its portfolio of brands, including Wrangler and Lee. It manufactures its products in owned and leased facilities and distributes the products through both brick-and-mortar and e-commerce retailers. The Company has two reportable segments: Wrangler and Lee. It generates the majority of its revenue from the Wrangler segment. The company's geographical segments are the United States and International, of which the majority of its revenue comes from the United States.

Kontoor Brands Headlines

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