Levi Strauss (STU:LV2B) Receivables Turnover : 2.21 (As of Feb. 2024)

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What is Levi Strauss 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. Levi Strauss's Revenue for the three months ended in Feb. 2024 was €1,444 Mil. Levi Strauss's average Accounts Receivable for the three months ended in Feb. 2024 was €654 Mil. Hence, Levi Strauss's Receivables Turnover for the three months ended in Feb. 2024 was 2.21.

Levi Strauss Receivables Turnover Historical Data

The historical data trend for Levi Strauss'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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Levi Strauss Receivables Turnover Chart

Levi Strauss Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Receivables Turnover

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8.85

6.46

9.38

9.28

8.28

Levi Strauss Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Receivables Turnover	Get a 7-Day Free Trial															2.25	1.99	2.41	2.28	2.21

Competitive Comparison of Levi Strauss's Receivables Turnover

For the Apparel Manufacturing subindustry, Levi Strauss'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.

Levi Strauss's Receivables Turnover Distribution in the Manufacturing - Apparel & Accessories Industry

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

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

Levi Strauss Receivables Turnover Calculation

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

Levi Strauss's Receivables Turnover for the fiscal year that ended in Nov. 2023 is calculated as

	Receivables Turnover (A: Nov. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Nov. 2023 )	/ (	(Accounts Receivable (A: Nov. 2022 )	+	Accounts Receivable (A: Nov. 2023 ))	/	count )
=	5709.396	/ (	(683.757	+	695.495)	/	2 )
=	5709.396	/	689.626
=	8.28

Levi Strauss's Receivables Turnover for the quarter that ended in Feb. 2024 is calculated as

	Receivables Turnover (Q: Feb. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Feb. 2024 )	/ (	(Accounts Receivable (Q: Nov. 2023 )	+	Accounts Receivable (Q: Feb. 2024 ))	/	count )
=	1443.895	/ (	(695.495	+	613.303)	/	2 )
=	1443.895	/	654.399
=	2.21

Levi Strauss (STU:LV2B) 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.

Levi Strauss Receivables Turnover Related Terms

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Levi Strauss (STU:LV2B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Levi Strauss & Co (STU:LV2B) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

LEVI:USA LEVI:Mexico LV2B:Germany LV2B:Germany LEVI:Austria

Address

1155 Battery Street, San Francisco, CA, USA, 94111

Website

https://www.levistrauss.com

Levi Strauss & Co is involved in designing, marketing, and selling products that include jeans, casual and dresses pants, tops, shorts, skirts, jackets, footwear, and related accessories directly or through third parties and licensees for men, women, and children under Levi's, Dockers, Signature by Levi Strauss & Co. and Denizen brands. The company manages its business according to three regional segments: the Americas, which is the key revenue driver; Europe; and Asia.

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