The North West Co (TSX:NWC) Receivables Turnover : 5.39 (As of Jan. 2024)

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What is The North West Co 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. The North West Co's Revenue for the three months ended in Jan. 2024 was C$643 Mil. The North West Co's average Accounts Receivable for the three months ended in Jan. 2024 was C$119 Mil. Hence, The North West Co's Receivables Turnover for the three months ended in Jan. 2024 was 5.39.

The North West Co Receivables Turnover Historical Data

The historical data trend for The North West Co'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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The North West Co Receivables Turnover Chart

The North West Co Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Receivables Turnover

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21.46

24.04

23.59

22.09

21.00

The North West Co Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Receivables Turnover	Get a 7-Day Free Trial															5.86	5.15	5.15	5.14	5.39

Competitive Comparison of The North West Co's Receivables Turnover

For the Grocery Stores subindustry, The North West Co'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.

The North West Co's Receivables Turnover Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, The North West Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where The North West Co's Receivables Turnover falls into.

The North West Co Receivables Turnover Calculation

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

The North West Co'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 )
=	2471.678	/ (	(113.798	+	121.606)	/	2 )
=	2471.678	/	117.702
=	21.00

The North West Co's Receivables Turnover for the quarter that ended in Jan. 2024 is calculated as

	Receivables Turnover (Q: Jan. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jan. 2024 )	/ (	(Accounts Receivable (Q: Oct. 2023 )	+	Accounts Receivable (Q: Jan. 2024 ))	/	count )
=	643.109	/ (	(116.949	+	121.606)	/	2 )
=	643.109	/	119.2775
=	5.39

The North West Co (TSX:NWC) 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.

The North West Co Receivables Turnover Related Terms

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The North West Co (TSX:NWC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » The North West Co Inc (TSX:NWC) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

NNWWF:USA 3NW:Germany

Address

77 Main Street, Winnipeg, MB, CAN, R3C 2R1

Website

https://www.northwest.ca

The North West Co Inc is a Canada-based company that is principally engaged in retail business in underserved rural communities and urban neighborhoods. The company provides food, family apparel, housewares, appliances, and outdoor products, with food products accounting for the majority of the company's revenue. The company also offers services, including post offices, income tax return preparation, money transfers, commercial business sales, and others. Its geographical segment includes Canada and International. The company generates maximum revenue from Canada.

Executives

Leanne Flewitt

Senior Officer

The North West Co (TSX:NWC) Headlines

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