KLC (KinderCare Learning) Receivables Turnover : 6.30 (As of Dec. 2024)

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What is KinderCare Learning 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. KinderCare Learning's Revenue for the three months ended in Dec. 2024 was $647 Mil. KinderCare Learning's average Accounts Receivable for the three months ended in Dec. 2024 was $103 Mil. Hence, KinderCare Learning's Receivables Turnover for the three months ended in Dec. 2024 was 6.30.

KinderCare Learning Receivables Turnover Historical Data

The historical data trend for KinderCare Learning'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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KinderCare Learning Receivables Turnover Chart

KinderCare Learning Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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21.36

26.83

30.15

31.75

27.68

KinderCare Learning Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Sep22	Dec22	Sep23	Dec23	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial										8.92	7.02	-	6.67	6.30

Competitive Comparison of KinderCare Learning's Receivables Turnover

For the Education & Training Services subindustry, KinderCare Learning'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.

KinderCare Learning's Receivables Turnover Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, KinderCare Learning's Receivables Turnover distribution charts can be found below:

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

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KinderCare Learning Receivables Turnover Calculation

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

KinderCare Learning'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 )
=	2663.035	/ (	(88.086	+	104.333)	/	2 )
=	2663.035	/	96.2095
=	27.68

KinderCare Learning'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 )
=	646.956	/ (	(100.923	+	104.333)	/	2 )
=	646.956	/	102.628
=	6.30

KinderCare Learning (NYSE:KLC) 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.

KinderCare Learning Receivables Turnover Related Terms

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KinderCare Learning Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » KinderCare Learning Companies Inc (NYSE:KLC) » Definitions » Receivables Turnover

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Address

5005 Meadows Road, Lake Oswego, OR, USA, 97035

Website

https://www.kindercare.com

KinderCare Learning Companies Inc is a private provider of early childhood education and care services (ECE) in the United States. It serves children ranging from 6 weeks to 12 years of age across its market footprint of around 1,480 early childhood education centers with a capacity of more than 194,000 children and contracts for more than 650 before- and after-school sites located in 40 states and the District of Columbia. Its segment derives revenue from providing early childhood education and care services at centers and before- and after-school sites.