Leslies (FRA:LE3) Receivables Turnover : 7.61 (As of Mar. 2024)

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What is Leslies 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. Leslies's Revenue for the three months ended in Mar. 2024 was €174 Mil. Leslies's average Accounts Receivable for the three months ended in Mar. 2024 was €23 Mil. Hence, Leslies's Receivables Turnover for the three months ended in Mar. 2024 was 7.61.

Leslies Receivables Turnover Historical Data

The historical data trend for Leslies'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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Leslies Receivables Turnover Chart

Leslies Annual Data

Trend

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Receivables Turnover

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30.45

34.88

41.82

42.72

41.05

Leslies Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															5.41	15.36	12.54	7.62	7.61

Competitive Comparison of Leslies's Receivables Turnover

For the Specialty Retail subindustry, Leslies'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.

Leslies's Receivables Turnover Distribution in the Retail - Cyclical Industry

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

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

Leslies Receivables Turnover Calculation

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

Leslies's Receivables Turnover for the fiscal year that ended in Sep. 2023 is calculated as

	Receivables Turnover (A: Sep. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Sep. 2023 )	/ (	(Accounts Receivable (A: Sep. 2022 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )
=	1359.783	/ (	(42.677	+	23.567)	/	2 )
=	1359.783	/	33.122
=	41.05

Leslies's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	173.571	/ (	(18.278	+	27.34)	/	2 )
=	173.571	/	22.809
=	7.61

Leslies (FRA:LE3) 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.

Leslies Receivables Turnover Related Terms

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Leslies (FRA:LE3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Leslies Inc (FRA:LE3) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

LESL:USA

Address

2005 East Indian School Road, Phoenix, AZ, USA, 85016

Website

https://www.lesliespool.com

Leslies Inc is a direct-to-consumer pool and spa care brand offering a comprehensive assortment of products across chemicals, equipment and parts, cleaning and maintenance equipment, and safety, recreational, and fitness-related products. The company offers its products and services for Residential Pool, Residential Spa, Professional Pool, and Commercial Pool consumers. Geographically, it operates only in the United States.

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