SRSCQ (Sears Canada) Receivables Turnover: 7.78 (As of Apr. 2017)


What is Sears Canada Receivables Turnover?

Sears Canada SRSCQ -99.00% Receivables Turnover is 7.78 as of Apr. 2017.

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. Sears Canada's Revenue for the three months ended in Apr. 2017 was $376 Mil. Sears Canada's average Accounts Receivable for the three months ended in Apr. 2017 was $48 Mil. Hence, Sears Canada's Receivables Turnover for the three months ended in Apr. 2017 was 7.78.


Sears Canada  (OTCPK:SRSCQ) 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.


Sears Canada Receivables Turnover Related Terms


Sears Canada Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Sears Canada'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.

Sears Canada Receivables Turnover Chart

Sears Canada Annual Data
Trend Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.07 47.25 41.43 43.40 42.77

Sears Canada Quarterly Data
Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17
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 10.91 12.48 11.65 11.79 7.78

Sears Canada Receivables Turnover Competitor Comparison

For the Department Stores subindustry, Sears Canada'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.


Sears Canada Receivables Turnover vs Retail - Cyclical Industry

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

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



Sears Canada Receivables Turnover Calculation

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

Sears Canada's Receivables Turnover for the fiscal year that ended in Jan. 2017 is calculated as

Receivables Turnover (A: Jan. 2017 )
=Revenue / Average Accounts Receivable
=Revenue (A: Jan. 2017 ) / ((Accounts Receivable (A: Jan. 2016 ) + Accounts Receivable (A: Jan. 2017 )) / count )
=1982.553 / ((41.807 + 50.899) / 2 )
=1982.553 / 46.353
=42.77

Sears Canada's Receivables Turnover for the quarter that ended in Apr. 2017 is calculated as

Receivables Turnover (Q: Apr. 2017 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Apr. 2017 ) / ((Accounts Receivable (Q: Jan. 2017 ) + Accounts Receivable (Q: Apr. 2017 )) / count )
=376.2 / ((50.899 + 45.769) / 2 )
=376.2 / 48.334
=7.78

* 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 7.78 mean?
Sears Canada (SRSCQ) has a Receivables Turnover of 7.78 as of Apr. 2017. 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 Sears Canada and its competitors.
Is Sears Canada's Receivables Turnover too high?
Sears Canada's current Receivables Turnover is 7.78. The Retail - Cyclical industry median Receivables Turnover is 19.39. Sears Canada's value of 7.78 is 59.9% below this industry median.
How does Sears Canada's Receivables Turnover compare to competitors?
Sears Canada's Receivables Turnover of 7.78 can be compared against companies in the Retail - Cyclical industry. The industry median Receivables Turnover is 19.39. Sears Canada's value of 7.78 is 59.9% 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 Retail - Cyclical company?
The median Receivables Turnover among Retail - Cyclical companies is 19.39, based on 1,099 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. Sears Canada's current Receivables Turnover of 7.78 is 59.9% 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 Sears Canada and its competitors. For the Retail - Cyclical industry, the median Receivables Turnover is 19.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sears Canada's current Receivables Turnover is 7.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sears Canada stock overvalued right now?
Sears Canada (SRSCQ) has a current Receivables Turnover of 7.78. The current Receivables Turnover is 7.78 and 59.9% below the Retail - Cyclical industry median of 19.39. 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 Sears Canada (SRSCQ), the current Receivables Turnover is 7.78 as of Apr. 2017. 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.

Sears Canada Business Description

Address 290 Yonge Street, Suite 700, Toronto, ON, CAN, M5B 2C3
Sears Canada Inc is in the sale of goods and services through the Company's Retail channels. It comprised of one reportable segment, Merchandising. Which includes its full-line department, Sears Home, Hometown, Outlet, Corbeil Electrique Inc. stores, and its Direct (catalog/internet) channel. It also includes service revenue related primarily to logistics services provided through the Company. Commission revenue includes travel, home improvement services, insurance, wireless and long-distance plans. Licensee fee revenue is comprised of payments received from licensees that operate within the Company stores.