Foot Locker (XAMS:FOOTL) Receivables Turnover : 14.90 (As of Jan. 2024)

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What is Foot Locker 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. Foot Locker's Revenue for the three months ended in Jan. 2024 was $2,384 Mil. Foot Locker's average Accounts Receivable for the three months ended in Jan. 2024 was $160 Mil. Hence, Foot Locker's Receivables Turnover for the three months ended in Jan. 2024 was 14.90.

Foot Locker Receivables Turnover Historical Data

The historical data trend for Foot Locker'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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Foot Locker Receivables Turnover Chart

Foot Locker Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Receivables Turnover

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85.61

67.45

69.52

59.59

51.05

Foot Locker 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															14.61	12.07	-	-	14.90

Competitive Comparison of Foot Locker's Receivables Turnover

For the Apparel Retail subindustry, Foot Locker'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.

Foot Locker's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Foot Locker's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Foot Locker's Receivables Turnover falls into.

Foot Locker Receivables Turnover Calculation

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

Foot Locker'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 )
=	8168	/ (	(160	+	160)	/	2 )
=	8168	/	160
=	51.05

Foot Locker'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 )
=	2384	/ (	(0	+	160)	/	1 )
=	2384	/	160
=	14.90

Foot Locker (XAMS:FOOTL) 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.

Foot Locker Receivables Turnover Related Terms

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Foot Locker (XAMS:FOOTL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Foot Locker Inc (XAMS:FOOTL) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

FL:USA FL:Mexico WOO:Germany FOOT:Austria

Address

330 West 34th Street, New York, NY, USA, 10001

Website

http://www.footlocker-inc.com

Foot Locker Inc operates thousands of retail stores throughout the United States, Canada, Europe, Australia, and New Zealand. It also has one franchisee in the Middle East and one in South Korea, each of which operates multiple stores in those regions. The company mainly sells athletically inspired shoes and apparel. Foot Locker's merchandise comes from only a few suppliers, with Nike providing the majority. Store names include Foot Locker, Champs, and Runners Point. The company also has an e-commerce business selling through Footlocker.com, Eastbay, and Final-Score.

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