Knowlton Development (Knowlton Development) Receivables Turnover : 2.00 (As of Jul. 2021)

View and export this data going back to 2021. Start your Free Trial

What is Knowlton Development 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. Knowlton Development's Revenue for the three months ended in Jul. 2021 was $603.40 Mil. Knowlton Development's average Accounts Receivable for the three months ended in Jul. 2021 was $301.55 Mil. Hence, Knowlton Development's Receivables Turnover for the three months ended in Jul. 2021 was 2.00.

Knowlton Development Receivables Turnover Historical Data

The historical data trend for Knowlton Development'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.

* Premium members only.

Knowlton Development Receivables Turnover Chart

Knowlton Development Annual Data

Trend

Apr20

Apr21

Receivables Turnover

4.01

7.62

Knowlton Development Quarterly Data
	Apr20	Jul20	Apr21	Jul21
Receivables Turnover	-	1.77	-	2.00

Competitive Comparison of Knowlton Development's Receivables Turnover

For the Household & Personal Products subindustry, Knowlton Development'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.

Knowlton Development's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Knowlton Development's Receivables Turnover distribution charts can be found below:

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

Knowlton Development Receivables Turnover Calculation

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

Knowlton Development's Receivables Turnover for the fiscal year that ended in Apr. 2021 is calculated as

	Receivables Turnover (A: Apr. 2021 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Apr. 2021 )	/ (	(Accounts Receivable (A: Apr. 2020 )	+	Accounts Receivable (A: Apr. 2021 ))	/	count )
=	2143.8	/ (	(272.7	+	289.9)	/	2 )
=	2143.8	/	281.3
=	7.62

Knowlton Development's Receivables Turnover for the quarter that ended in Jul. 2021 is calculated as

	Receivables Turnover (Q: Jul. 2021 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jul. 2021 )	/ (	(Accounts Receivable (Q: Apr. 2021 )	+	Accounts Receivable (Q: Jul. 2021 ))	/	count )
=	603.4	/ (	(289.9	+	313.2)	/	2 )
=	603.4	/	301.55
=	2.00

Knowlton Development (NYSE:KDC) 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.

Knowlton Development Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Knowlton Development's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Knowlton Development (Knowlton Development) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Knowlton Development Corp Inc (NYSE:KDC) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

375 Roland-Therrien Boulevard, Suite 210, Longueuil, QC, CAN, J4H 4A6

Website

https://www.kdc-one.com

Knowlton Development Corp Inc is involved in the formulation, design, packaging and manufacturing of beauty, personal care, and home care products. It offers skin care, body and hair care, soaps and sanitizers, cosmetics, deodorants, sun care, fragrances, air care, fabric care, pest control and surface care products.