TUEMQ (Tuesday Morning) Receivables Turnover: 0.00 (As of Sep. 2022)

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What is Tuesday Morning Receivables Turnover?

Tuesday Morning TUEMQ -99.00% Receivables Turnover is 0.00 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. Tuesday Morning's Revenue for the three months ended in Sep. 2022 was $157.1 Mil. Tuesday Morning's average Accounts Receivable for the three months ended in Sep. 2022 was $0.0 Mil.


Tuesday Morning  (OTCPK:TUEMQ) 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.


Tuesday Morning Receivables Turnover Related Terms


Tuesday Morning Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Tuesday Morning'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.

Tuesday Morning Receivables Turnover Chart

Tuesday Morning Annual Data
Trend Jun19 Jun20 Jun21 Jun22
Receivables Turnover
0.00 0.00 0.00 0.00

Tuesday Morning Quarterly Data
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 0.00 0.00 0.00 0.00 0.00

TUEMQ vs WMT, COST, TGT: Receivables Turnover Comparison

For the Discount Stores subindustry, Tuesday Morning'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.


Tuesday Morning Receivables Turnover vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Tuesday Morning's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Tuesday Morning's Receivables Turnover falls into.



Tuesday Morning Receivables Turnover Calculation

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

Tuesday Morning's Receivables Turnover for the fiscal year that ended in Jun. 2022 is calculated as

Receivables Turnover (A: Jun. 2022 )
=Revenue / Average Accounts Receivable
=Revenue (A: Jun. 2022 ) / ((Accounts Receivable (A: Jun. 2021 ) + Accounts Receivable (A: Jun. 2022 )) / count )
=749.809 / ((0 + 0) / 1 )
=749.809 / 0
=N/A

Tuesday Morning'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 )
=157.105 / ((0 + 0) / 1 )
=157.105 / 0
=N/A

* 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 0.00 mean?
Tuesday Morning (TUEMQ) has a Receivables Turnover of 0.00 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 Tuesday Morning and its competitors.
Is Tuesday Morning's Receivables Turnover too high?
Tuesday Morning's current Receivables Turnover is 0.00.
How does Tuesday Morning's Receivables Turnover compare to WMT and COST?
Tuesday Morning's Receivables Turnover of 0.00 can be compared against companies in the Retail - Defensive industry. The industry median Receivables Turnover is 17.14. 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 - Defensive company?
The median Receivables Turnover among Retail - Defensive companies is 17.14, based on 302 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. 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 Tuesday Morning and its competitors. For the Retail - Defensive industry, the median Receivables Turnover is 17.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tuesday Morning's current Receivables Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tuesday Morning stock overvalued right now?
Tuesday Morning (TUEMQ) has a current Receivables Turnover of 0.00. The current Receivables Turnover is 0.00. 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 Tuesday Morning (TUEMQ), the current Receivables Turnover is 0.00 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.

Tuesday Morning Business Description

Address 6250 LBJ Freeway, Dallas, TX, USA, 75240
Tuesday Morning Corp is a retail chain company. It specializes in both domestic and international closeouts of medium to high-end name brand gifts, luxury home textiles, home furnishings, housewares and seasonal decor.