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. AstroNova's Revenue for the
three
months ended in Jan. 2024 was $39.6 Mil. AstroNova's average Accounts Receivable for the
three
months ended in Jan. 2024 was $22.5 Mil.
Hence, AstroNova's Receivables Turnover for the
three
months ended in Jan. 2024 was 1.76.
AstroNova Receivables Turnover Historical Data
The historical data trend for AstroNova'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.
* Premium members only.
AstroNova Annual Data
Trend
Jan15
Jan16
Jan17
Jan18
Jan19
Jan20
Jan21
Jan22
Jan23
Jan24
Receivables Turnover
6.17
6.24
6.80
7.36
6.63
AstroNova Quarterly Data
Apr19
Jul19
Oct19
Jan20
Apr20
Jul20
Oct20
Jan21
Apr21
Jul21
Oct21
Jan22
Apr22
Jul22
Oct22
Jan23
Apr23
Jul23
Oct23
Jan24
Receivables Turnover
1.83
1.73
1.91
1.88
1.76
Competitive Comparison
For the Computer Hardware subindustry, AstroNova'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.
AstroNova Receivables Turnover Distribution
For the Hardware industry and Technology sector, AstroNova's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where AstroNova's Receivables Turnover falls into.
AstroNova Receivables Turnover Calculation
Receivables Turnover measures the number of times a company collects its average accounts receivable balance.
AstroNova's Receivables Turnover for the fiscal year that ended in Jan. 2024 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.
AstroNova Receivables Turnover Related Terms
Thank you for viewing the detailed overview of AstroNova's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
AstroNova Inc designs develops, manufactures and distributes a broad range of specialty printers and data acquisition and analysis systems, including both hardware and software, which incorporate advanced technologies to acquire, store, analyze, and present data in multiple formats. Target markets for its hardware and software products include aerospace, apparel, automotive, avionics, chemicals, computer peripherals, communications, distribution, food and beverage, general manufacturing, packaging and transportation. Its business consists of two segments, Product Identification and Test & Measurement. It derives revenue from The PI segment that includes specialty printing systems and related supplies sold under the QuickLabel, TrojanLabel and GetLabels brand names.
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