Lululemon Athletica (MEX:LULU) Receivables Turnover : 18.40 (As of Oct. 2024)

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What is Lululemon Athletica 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. Lululemon Athletica's Revenue for the three months ended in Oct. 2024 was MXN48,008 Mil. Lululemon Athletica's average Accounts Receivable for the three months ended in Oct. 2024 was MXN2,609 Mil. Hence, Lululemon Athletica's Receivables Turnover for the three months ended in Oct. 2024 was 18.40.

Lululemon Athletica Receivables Turnover Historical Data

The historical data trend for Lululemon Athletica'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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Lululemon Athletica Receivables Turnover Chart

Lululemon Athletica Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Receivables Turnover

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104.29

88.12

90.51

74.60

71.19

Lululemon Athletica 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															21.47	27.02	17.54	19.59	18.40

Competitive Comparison of Lululemon Athletica's Receivables Turnover

For the Apparel Retail subindustry, Lululemon Athletica'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.

Lululemon Athletica's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Lululemon Athletica's Receivables Turnover distribution charts can be found below:

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

Lululemon Athletica Receivables Turnover Calculation

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

Lululemon Athletica's Receivables Turnover for the fiscal year that ended in Jan. 2024 is calculated as

	Receivables Turnover (A: Jan. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jan. 2024 )	/ (	(Accounts Receivable (A: Jan. 2023 )	+	Accounts Receivable (A: Jan. 2024 ))	/	count )
=	165222.643	/ (	(2498.367	+	2143.057)	/	2 )
=	165222.643	/	2320.712
=	71.19

Lululemon Athletica's Receivables Turnover for the quarter that ended in Oct. 2024 is calculated as

	Receivables Turnover (Q: Oct. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Oct. 2024 )	/ (	(Accounts Receivable (Q: Jul. 2024 )	+	Accounts Receivable (Q: Oct. 2024 ))	/	count )
=	48008.455	/ (	(2345.535	+	2872.863)	/	2 )
=	48008.455	/	2609.199
=	18.40

Lululemon Athletica (MEX:LULU) 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.

Lululemon Athletica Receivables Turnover Related Terms

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Lululemon Athletica Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Lululemon Athletica Inc (MEX:LULU) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

LULU:USA 0JVT:UK 33L:Germany LULU:Canada L1UL34:Brazil LULU:Austria

Address

1818 Cornwall Avenue, Vancouver, BC, CAN, V6J 1C7

Website

https://www.lululemon.com

Lululemon Athletica designs, distributes, and markets athletic apparel, footwear, and accessories for women, men, and girls. Lululemon offers pants, shorts, tops, and jackets for both leisure and athletic activities such as yoga and running. The company also sells fitness accessories, such as bags, yoga mats, and equipment. Lululemon sells its products through more than 700 company-owned stores in about 20 countries, e-commerce, outlets, and wholesale accounts. The company was founded in 1998 and is based in Vancouver, Canada.