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KEQU (Kewaunee Scientific) Receivables Turnover : 1.09 (As of Jul. 2024)


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What is Kewaunee Scientific 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. Kewaunee Scientific's Revenue for the three months ended in Jul. 2024 was $48.4 Mil. Kewaunee Scientific's average Accounts Receivable for the three months ended in Jul. 2024 was $44.3 Mil. Hence, Kewaunee Scientific's Receivables Turnover for the three months ended in Jul. 2024 was 1.09.


Kewaunee Scientific Receivables Turnover Historical Data

The historical data trend for Kewaunee Scientific'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.

Kewaunee Scientific Receivables Turnover Chart

Kewaunee Scientific Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.81 4.84 4.56 5.03 4.47

Kewaunee Scientific Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.19 1.12 1.32 1.09 1.12

Competitive Comparison of Kewaunee Scientific's Receivables Turnover

For the Furnishings, Fixtures & Appliances subindustry, Kewaunee Scientific'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.


Kewaunee Scientific's Receivables Turnover Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Kewaunee Scientific's Receivables Turnover distribution charts can be found below:

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



Kewaunee Scientific Receivables Turnover Calculation

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

Kewaunee Scientific's Receivables Turnover for the fiscal year that ended in Apr. 2024 is calculated as

Receivables Turnover (A: Apr. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Apr. 2024 ) / ((Accounts Receivable (A: Apr. 2023 ) + Accounts Receivable (A: Apr. 2024 )) / count )
=203.755 / ((46.081 + 45.064) / 2 )
=203.755 / 45.5725
=4.47

Kewaunee Scientific's Receivables Turnover for the quarter that ended in Jul. 2024 is calculated as

Receivables Turnover (Q: Jul. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jul. 2024 ) / ((Accounts Receivable (Q: Apr. 2024 ) + Accounts Receivable (Q: Jul. 2024 )) / count )
=48.393 / ((45.064 + 43.545) / 2 )
=48.393 / 44.3045
=1.09

* 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.


Kewaunee Scientific  (NAS:KEQU) 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.


Kewaunee Scientific Receivables Turnover Related Terms

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Kewaunee Scientific Business Description

Traded in Other Exchanges
Address
2700 West Front street, Statesville, NC, USA, 28677-2927
Kewaunee Scientific Corp is a designer and manufacturer of technical furniture products for industries investing in spaces where discovery occurs, typically in laboratories. It serves in end-use markets that are all commercial, Life sciences, pharma, education, government and military research, etc. The company operates through two segments: The domestic segment designs manufactures and installs scientific and technical furniture, including steel and wood laboratory cabinetry, fume hoods, laminate casework, flexible systems, and Others; The International segment provides facility design, engineering, construction, and project management from the planning stage through the testing and commissioning of laboratories. It generates the majority of its revenue from the Domestic business segment.
Executives
Ryan S. Noble officer: VP-Sales & Marketing-Americas 2700 WEST FRONT STREET, STATESVILLE NC 28677
Mandar Ranade officer: VP-Information Technology 2700 WEST FRONT STREET, STATESVILLE NC 28677-2927
Elizabeth D Phillips officer: VP - Human Resources 2700 WEST FRONT STREET, STATESVILLE NC 28677
Douglas J. Batdorff officer: VP of Manufacturing Operations 2700 WEST FRONT STREET, STATESVILLE NC 28677
John Russell director 2331 MOHAWK LANE, GLENVIEW IL 60026
Hull Thomas David Iii director, officer: President, CEO 2700 WEST FRONT STREET, STATESVILLE NC 28677
Gardner Donald T. Iii officer: Chief Financial Officer 2700 WEST FRONT STREET, STATESVILLE NC 28677
Keith M Gehl director PO BOX 1017, CHARLOTTE NC 26201-1017
David Rhind director 1450 NORTH DEARBORN STREET, APT. 1A, CHICAGO IL 60610
Margaret B Pyle director 2700 WEST FRONT STREET, STATESVILLE NC 28677-2927
Donald F. Shaw director 662 EAST SUNBURST LANE, TEMPE AZ 85284-1599
Michael G. Rok officer: VP of Manufacturing Operations 2700 WEST FRONT STREET, STATESVILLE NC 28677-2927
Lisa L. Ryan officer: VP-Construction/Cust. Servs. 2700 WEST FRONT STREET, STATESVILLE NC 28677-2927
Kurt P Rindoks officer: VP - Engineering/Prod. Dev. 2700 WEST FRONT STREET, STATESVILLE NC 28677-2927
Bhoopathy Sathyamurthy officer: VP-Managing Director-Int'l Ops 2700 WEST FRONT STREET, STATESVILLE NC 28677-2927