Ferguson (LSE:FERG) Receivables Turnover : 1.95 (As of Jan. 2024)

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What is Ferguson 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. Ferguson's Revenue for the three months ended in Jan. 2024 was £5,252 Mil. Ferguson's average Accounts Receivable for the three months ended in Jan. 2024 was £2,695 Mil. Hence, Ferguson's Receivables Turnover for the three months ended in Jan. 2024 was 1.95.

Ferguson Receivables Turnover Historical Data

The historical data trend for Ferguson'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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Ferguson Receivables Turnover Chart

Ferguson Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Receivables Turnover

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8.48

8.17

9.48

7.95

Ferguson Quarterly Data
	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Receivables Turnover	Get a 7-Day Free Trial															1.93	2.16	2.21	2.20	1.95

Competitive Comparison of Ferguson's Receivables Turnover

For the Industrial Distribution subindustry, Ferguson'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.

Ferguson's Receivables Turnover Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Ferguson's Receivables Turnover distribution charts can be found below:

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

Ferguson Receivables Turnover Calculation

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

Ferguson's Receivables Turnover for the fiscal year that ended in Jul. 2023 is calculated as

	Receivables Turnover (A: Jul. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jul. 2023 )	/ (	(Accounts Receivable (A: Jul. 2022 )	+	Accounts Receivable (A: Jul. 2023 ))	/	count )
=	23073.584	/ (	(3010.74	+	2791.272)	/	2 )
=	23073.584	/	2901.006
=	7.95

Ferguson's Receivables Turnover for the quarter that ended in Jan. 2024 is calculated as

	Receivables Turnover (Q: Jan. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jan. 2024 )	/ (	(Accounts Receivable (Q: Oct. 2023 )	+	Accounts Receivable (Q: Jan. 2024 ))	/	count )
=	5251.651	/ (	(2955.6	+	2433.404)	/	2 )
=	5251.651	/	2694.502
=	1.95

Ferguson (LSE:FERG) 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.

Ferguson Receivables Turnover Related Terms

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Ferguson (LSE:FERG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Ferguson PLC (LSE:FERG) » Definitions » Receivables Turnover

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Traded in Other Exchanges

FERG:USA FERGl:UK 24W5:Germany

Address

1020 Eskdale Road, Winnersh Triangle, Wokingham, Berkshire, GBR, RG41 5TS

Website

https://www.fergusonplc.com

Ferguson distributes plumbing and HVAC products primarily to repair, maintenance and improvement, new construction, and civil infrastructure markets. It serves over 1 million customers and sources products from 37,000 suppliers. Ferguson engages customers through approximately 1,700 North American branches, over the phone, online, and in residential showrooms. In fiscal 2023, Ferguson derived 95% of its nearly $30 billion of sales in the U.S. According to Modern Distribution Management, Ferguson is the largest industrial and construction distributor in North America. The firm sold its U.K. business in 2021 and is now solely focused on the North American market.