HGGG (hhgregg) Receivables Turnover: 170.38 (As of Mar. 2016)

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What is hhgregg Receivables Turnover?

hhgregg HGGG Receivables Turnover is 170.38 as of Mar. 2016.

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. hhgregg's Revenue for the six months ended in Mar. 2016 was $1,960 Mil. hhgregg's average Accounts Receivable for the six months ended in Mar. 2016 was $12 Mil. Hence, hhgregg's Receivables Turnover for the six months ended in Mar. 2016 was 170.38.


hhgregg  (OTCPK:HGGG) 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.


hhgregg Receivables Turnover Related Terms


hhgregg Receivables Turnover Historical Data

* Premium members only.

The historical data trend for hhgregg'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.

hhgregg Receivables Turnover Chart

hhgregg Annual Data
Trend Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 74.61 61.02 62.69 97.93 170.38

hhgregg Semi-Annual Data
Mar03 Mar04 Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 74.61 61.02 62.69 97.93 170.38

HGGG vs POLCQ, ORLY, AZO: Receivables Turnover Comparison

For the Specialty Retail subindustry, hhgregg'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.


hhgregg Receivables Turnover vs Retail - Cyclical Industry

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

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



hhgregg Receivables Turnover Calculation

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

hhgregg's Receivables Turnover for the fiscal year that ended in Mar. 2016 is calculated as

Receivables Turnover (A: Mar. 2016 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2016 ) / ((Accounts Receivable (A: Mar. 2015 ) + Accounts Receivable (A: Mar. 2016 )) / count )
=1959.998 / ((11.901 + 11.106) / 2 )
=1959.998 / 11.5035
=170.38

hhgregg's Receivables Turnover for the quarter that ended in Mar. 2016 is calculated as

Receivables Turnover (Q: Mar. 2016 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2016 ) / ((Accounts Receivable (Q: Mar. 2015 ) + Accounts Receivable (Q: Mar. 2016 )) / count )
=1959.998 / ((11.901 + 11.106) / 2 )
=1959.998 / 11.5035
=170.38

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 170.38 mean?
hhgregg (HGGG) has a Receivables Turnover of 170.38 as of Mar. 2016. The accounts 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. View historical data on hhgregg and its competitors.
Is hhgregg's Receivables Turnover too high?
hhgregg's current Receivables Turnover is 170.38. The Retail - Cyclical industry median Receivables Turnover is 19.44. hhgregg's value of 170.38 is 776.4% above this industry median.
How does hhgregg's Receivables Turnover compare to POLCQ and ORLY?
hhgregg's Receivables Turnover of 170.38 can be compared against companies in the Retail - Cyclical industry. The industry median Receivables Turnover is 19.44. hhgregg's value of 170.38 is 776.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Retail - Cyclical company?
The median Receivables Turnover among Retail - Cyclical companies is 19.44, based on 1,104 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. hhgregg's current Receivables Turnover of 170.38 is 776.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on hhgregg and its competitors. For the Retail - Cyclical industry, the median Receivables Turnover is 19.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. hhgregg's current Receivables Turnover is 170.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is hhgregg stock overvalued right now?
hhgregg (HGGG) has a current Receivables Turnover of 170.38. The current Receivables Turnover is 170.38 and 776.4% above the Retail - Cyclical industry median of 19.44. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For hhgregg (HGGG), the current Receivables Turnover is 170.38 as of Mar. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

hhgregg Business Description

Address 160 West Carmel Drive, Suite 263, Carmel, IN, USA, 46240
hhgregg Inc is a part of the retail sector. It is a multi-regional retailer which provides an extensive selection of premium appliances, consumer electronics, home products and computers and tablets in its brick-and-mortar stores in the United States via hhgregg.com. The company's sales are categorized into four products; Appliances, which include refrigerators, cooking ranges, dishwashers; Consumer electronics such as 4K and OLED televisions and audio systems; Home Products which include furniture and mattresses and computer systems.