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Acuity (LTS:0H90) Receivables Turnover : 1.81 (As of Feb. 2025)


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What is Acuity 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. Acuity's Revenue for the three months ended in Feb. 2025 was $1,006 Mil. Acuity's average Accounts Receivable for the three months ended in Feb. 2025 was $556 Mil. Hence, Acuity's Receivables Turnover for the three months ended in Feb. 2025 was 1.81.


Acuity Receivables Turnover Historical Data

The historical data trend for Acuity'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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Acuity Receivables Turnover Chart

Acuity Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.27 6.46 6.47 6.47 6.87

Acuity Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 1.79 1.92 1.92 1.73 1.81

Competitive Comparison of Acuity's Receivables Turnover

For the Electrical Equipment & Parts subindustry, Acuity'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.


Acuity's Receivables Turnover Distribution in the Industrial Products Industry

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

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


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Acuity Receivables Turnover Calculation

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

Acuity's Receivables Turnover for the fiscal year that ended in Aug. 2024 is calculated as

Receivables Turnover (A: Aug. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Aug. 2024 ) / ((Accounts Receivable (A: Aug. 2023 ) + Accounts Receivable (A: Aug. 2024 )) / count )
=3841 / ((555.3 + 563) / 2 )
=3841 / 559.15
=6.87

Acuity's Receivables Turnover for the quarter that ended in Feb. 2025 is calculated as

Receivables Turnover (Q: Feb. 2025 )
=Revenue / Average Total Inventories
=Revenue (Q: Feb. 2025 ) / ((Accounts Receivable (Q: Nov. 2024 ) + Accounts Receivable (Q: Feb. 2025 )) / count )
=1006.3 / ((534.7 + 577.6) / 2 )
=1006.3 / 556.15
=1.81

* 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.


Acuity  (LTS:0H90) 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.


Acuity Receivables Turnover Related Terms

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Acuity Business Description

Traded in Other Exchanges
Address
11710 Plaza America Drive, Suite 700, Reston, VA, USA, 20190
Acuity is a leading industrial technology company that offers lighting, lighting controls, and intelligent building solutions. Acuity, Inc. designs, manufactures, and brings to market products and services relating to these and other offerings. Acuity, Inc. has two reportable segments: Acuity Brands Lighting and Acuity Intelligent Spaces. ABL sells commercial, architectural, and specialty lighting, including components and control systems. AIS offers building management and audio/visual solutions to help make buildings intelligent.

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