Birkenstock Holding (STU:7PV) Receivables Turnover : 3.44 (As of Mar. 2024)

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What is Birkenstock Holding 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. Birkenstock Holding's Revenue for the three months ended in Mar. 2024 was €481 Mil. Birkenstock Holding's average Accounts Receivable for the three months ended in Mar. 2024 was €140 Mil. Hence, Birkenstock Holding's Receivables Turnover for the three months ended in Mar. 2024 was 3.44.

Birkenstock Holding Receivables Turnover Historical Data

The historical data trend for Birkenstock Holding'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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Birkenstock Holding Receivables Turnover Chart

Birkenstock Holding Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

Receivables Turnover

12.32

16.65

20.54

19.09

Birkenstock Holding Quarterly Data
	Sep20	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial						2.31	2.91	3.05	3.54	3.44

Competitive Comparison of Birkenstock Holding's Receivables Turnover

For the Footwear & Accessories subindustry, Birkenstock Holding'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.

Birkenstock Holding's Receivables Turnover Distribution in the Manufacturing - Apparel & Accessories Industry

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

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

Birkenstock Holding Receivables Turnover Calculation

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

Birkenstock Holding's Receivables Turnover for the fiscal year that ended in Sep. 2023 is calculated as

	Receivables Turnover (A: Sep. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Sep. 2023 )	/ (	(Accounts Receivable (A: Sep. 2022 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )
=	1491.911	/ (	(64.604	+	91.694)	/	2 )
=	1491.911	/	78.149
=	19.09

Birkenstock Holding's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	481.244	/ (	(79.497	+	200.206)	/	2 )
=	481.244	/	139.8515
=	3.44

Birkenstock Holding (STU:7PV) 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.

Birkenstock Holding Receivables Turnover Related Terms

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Birkenstock Holding (STU:7PV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Birkenstock Holding PLC (STU:7PV) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

BIRK:USA 7PV:Germany 7PV:Germany

Address

1-2 Berkeley Square, London, GBR, W1J 6EA

Website

https://www.birkenstock-holding.com

Birkenstock Holding PLC is a company that manufactures and sells footbed-based products, including sandals, closed-toe silhouettes, and other products, such as skincare and accessories, for everyday, leisure, and work. The company operates in four operating segments based on its regional hubs: Americas, Europe and APMA (Asia Pacific, Middle East and Africa). The company sells its products through two main channels: business-to-business (B2B) and direct-to-consumer (DTC).

Birkenstock Holding (STU:7PV) Headlines

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