RYPPF (RYU Apparel) Receivables Turnover: 3.57 (As of Sep. 2022)


What is RYU Apparel Receivables Turnover?

RYU Apparel RYPPF -99.93% Receivables Turnover is 3.57 as of Sep. 2022.

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. RYU Apparel's Revenue for the three months ended in Sep. 2022 was $0.11 Mil. RYU Apparel's average Accounts Receivable for the three months ended in Sep. 2022 was $0.03 Mil. Hence, RYU Apparel's Receivables Turnover for the three months ended in Sep. 2022 was 3.57.


RYU Apparel  (OTCPK:RYPPF) 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.


RYU Apparel Receivables Turnover Related Terms


RYU Apparel Receivables Turnover Historical Data

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The historical data trend for RYU Apparel'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.

RYU Apparel Receivables Turnover Chart

RYU Apparel Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.43 30.06 31.37 26.30 29.70

RYU Apparel Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 3.59 6.13 6.25 4.25 3.57

RYPPF vs VFC, LEVI, RL: Receivables Turnover Comparison

For the Apparel Manufacturing subindustry, RYU Apparel'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.


RYU Apparel Receivables Turnover vs Manufacturing - Apparel & Accessories Industry

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

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



RYU Apparel Receivables Turnover Calculation

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

RYU Apparel's Receivables Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Receivables Turnover (A: Dec. 2021 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2021 ) / ((Accounts Receivable (A: Dec. 2020 ) + Accounts Receivable (A: Dec. 2021 )) / count )
=0.995 / ((0.015 + 0.052) / 2 )
=0.995 / 0.0335
=29.70

RYU Apparel's Receivables Turnover for the quarter that ended in Sep. 2022 is calculated as

Receivables Turnover (Q: Sep. 2022 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2022 ) / ((Accounts Receivable (Q: Jun. 2022 ) + Accounts Receivable (Q: Sep. 2022 )) / count )
=0.109 / ((0.06 + 0.001) / 2 )
=0.109 / 0.0305
=3.57

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 3.57 mean?
RYU Apparel (RYPPF) has a Receivables Turnover of 3.57 as of Sep. 2022. The accounts 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. View historical data on RYU Apparel and its competitors.
Is RYU Apparel's Receivables Turnover too high?
RYU Apparel's current Receivables Turnover is 3.57. The Manufacturing - Apparel & Accessories industry median Receivables Turnover is 6.98. RYU Apparel's value of 3.57 is 48.9% below this industry median.
How does RYU Apparel's Receivables Turnover compare to VFC and LEVI?
RYU Apparel's Receivables Turnover of 3.57 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Receivables Turnover is 6.98. RYU Apparel's value of 3.57 is 48.9% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Manufacturing - Apparel & Accessories company?
The median Receivables Turnover among Manufacturing - Apparel & Accessories companies is 6.98, based on 1,027 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. RYU Apparel's current Receivables Turnover of 3.57 is 48.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on RYU Apparel and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Receivables Turnover is 6.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RYU Apparel's current Receivables Turnover is 3.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RYU Apparel stock overvalued right now?
RYU Apparel (RYPPF) has a current Receivables Turnover of 3.57. The current Receivables Turnover is 3.57 and 48.9% below the Manufacturing - Apparel & Accessories industry median of 6.98. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For RYU Apparel (RYPPF), the current Receivables Turnover is 3.57 as of Sep. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

RYU Apparel Business Description

Address 55 Town Centre Court, Scarborough, Toronto, ON, CAN, M1P 4X4
RYU Apparel Inc is a Canada-based urban athletic apparel company. It is engaged in the business activity of development, marketing, and distribution of apparel, bags, and accessories. The company's products are engineered for the fitness, training, and performance of the multi-discipline athlete. Its products include Tees, Tops Hoodies, Jackets, Tanks, Henleys, and other products. The entity mainly operates in the geographic segments of Canada and the United States, of which it derives a majority of its revenue from Canada.