LITB (LightInTheBox Holding Co) Receivables Turnover : 53.08 (As of Dec. 2024)

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What is LightInTheBox Holding Co 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. LightInTheBox Holding Co's Revenue for the three months ended in Dec. 2024 was $57.8 Mil. LightInTheBox Holding Co's average Accounts Receivable for the three months ended in Dec. 2024 was $1.1 Mil. Hence, LightInTheBox Holding Co's Receivables Turnover for the three months ended in Dec. 2024 was 53.08.

LightInTheBox Holding Co Receivables Turnover Historical Data

The historical data trend for LightInTheBox Holding Co'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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LightInTheBox Holding Co Receivables Turnover Chart

LightInTheBox Holding Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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276.97

304.82

434.11

947.22

317.13

LightInTheBox Holding Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															98.69	104.12	80.33	51.97	53.08

Competitive Comparison of LightInTheBox Holding Co's Receivables Turnover

For the Apparel Manufacturing subindustry, LightInTheBox Holding Co'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.

LightInTheBox Holding Co's Receivables Turnover Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, LightInTheBox Holding Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where LightInTheBox Holding Co's Receivables Turnover falls into.

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LightInTheBox Holding Co Receivables Turnover Calculation

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

LightInTheBox Holding Co'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 )
=	255.287	/ (	(0.634	+	0.976)	/	2 )
=	255.287	/	0.805
=	317.13

LightInTheBox Holding Co'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 )
=	57.75	/ (	(1.2	+	0.976)	/	2 )
=	57.75	/	1.088
=	53.08

LightInTheBox Holding Co (NYSE:LITB) 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.

LightInTheBox Holding Co Receivables Turnover Related Terms

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LightInTheBox Holding Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » LightInTheBox Holding Co Ltd (NYSE:LITB) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

LITB:Mexico

Address

4 pandan crescent, 03-03, Singapore, SGP, 128475

Website

https://www.lightinthebox.com

LightInTheBox Holding Co Ltd is an online retail company delivering products directly to consumers across the world. It provides apparel products including customized, special occasion and fast fashion apparel products; and other general merchandise products, such as accessories and gadgets, home and garden products, electronics and communication devices, and other products. The company operates in two segments: Product sales which consisted of online retailing of consumer products and sales to third-party sellers, and Services which consisted of provision of logistic services to companies and to individual customers. It derives maximum revenue from Product Sales. Geographically, it operates in Europe which is the key revenue driver, North America, and other countries.