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. Vince Holding's Revenue for the
three
months ended in Oct. 2023 was $84.1 Mil. Vince Holding's average Accounts Receivable for the
three
months ended in Oct. 2023 was $24.6 Mil.
Hence, Vince Holding's Receivables Turnover for the
three
months ended in Oct. 2023 was 3.42.
Vince Holding Receivables Turnover Historical Data
The historical data trend for Vince 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.
Competitive Comparison of Vince Holding's Receivables Turnover
For the Apparel Manufacturing subindustry, Vince 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.
Vince Holding's Receivables Turnover Distribution in the Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Vince Holding's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Vince Holding's Receivables Turnover falls into.
Vince Holding Receivables Turnover Calculation
Receivables Turnover measures the number of times a company collects its average accounts receivable balance.
Vince Holding's Receivables Turnover for the fiscal year that ended in Jan. 2023 is calculated as
* 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.
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.
Vince Holding Receivables Turnover Related Terms
Thank you for viewing the detailed overview of Vince Holding's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
Vince Holding (Vince Holding) Business Description
Vince Holding Corp is a fashion brand that is engaged in wholesale and retail delivery of luxury essentials like women's and men's apparel, women's and men's footwear, and handbags. Its offers women's collections of luxurious cashmere sweaters and silk blouses, leather and suede leggings and jackets, dresses, denim, pants, tanks and t-shirts, and a growing assortment of outerwear. It focuses on developing an elevated collection of Vince apparel and accessories to serve the luxurious need of the customer. The company manages its business in three segments namely Vince Wholesale, Vince Direct-to-consumer, and Rebecca Taylor and Parker segment. It operates its e-commerce business through its website. Majority of its revenue generated from Vince Wholesale segment.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
VNCE has been successfully added to your 