GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Advance Auto Parts Inc (FRA:AWN) » Definitions » Receivables Turnover

Advance Auto Parts (FRA:AWN) Receivables Turnover : 5.15 (As of Mar. 2025)


View and export this data going back to 2001. Start your Free Trial

What is Advance Auto Parts 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. Advance Auto Parts's Revenue for the three months ended in Mar. 2025 was €2,389 Mil. Advance Auto Parts's average Accounts Receivable for the three months ended in Mar. 2025 was €464 Mil. Hence, Advance Auto Parts's Receivables Turnover for the three months ended in Mar. 2025 was 5.15.


Advance Auto Parts Receivables Turnover Historical Data

The historical data trend for Advance Auto Parts'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.

Advance Auto Parts Receivables Turnover Chart

Advance Auto Parts Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.82 15.89 13.51 13.83 15.55

Advance Auto Parts Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.48 3.10 2.72 3.27 5.15

Competitive Comparison of Advance Auto Parts's Receivables Turnover

For the Auto Parts subindustry, Advance Auto Parts'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.


Advance Auto Parts's Receivables Turnover Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Advance Auto Parts's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Advance Auto Parts's Receivables Turnover falls into.


;
;

Advance Auto Parts Receivables Turnover Calculation

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

Advance Auto Parts's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Receivables Turnover (A: Dec. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2024 ) / ((Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count )
=8685.082 / ((569.341 + 547.867) / 2 )
=8685.082 / 558.604
=15.55

Advance Auto Parts's Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

Receivables Turnover (Q: Mar. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2025 ) / ((Accounts Receivable (Q: Dec. 2024 ) + Accounts Receivable (Q: Mar. 2025 )) / count )
=2389.275 / ((547.867 + 380.175) / 2 )
=2389.275 / 464.021
=5.15

* 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.


Advance Auto Parts  (FRA:AWN) 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.


Advance Auto Parts Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Advance Auto Parts's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Advance Auto Parts Business Description

Address
4200 Six Forks Road, Raleigh, NC, USA, 27609
Advance Auto Parts is a leading auto-parts retailer in North America with more than 4,000 store and branch locations. About half of the firm's sales are geared toward the professional channel, with the remaining sales in the do-it-yourself market. Through its vast store footprint and distribution network, Advance manages thousands of stock-keeping units for various vehicle makes and models. The retailer primarily competes on the basis of inventory availability and service speed, making the operating efficiency of its hub-and-spoke distribution model critical to meeting customer needs.

Advance Auto Parts Headlines

No Headlines