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O'Reilly Automotive (LTS:0KAB) Receivables Turnover : 8.35 (As of Mar. 2024)


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What is O'Reilly Automotive 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. O'Reilly Automotive's Revenue for the three months ended in Mar. 2024 was $3,976 Mil. O'Reilly Automotive's average Accounts Receivable for the three months ended in Mar. 2024 was $476 Mil. Hence, O'Reilly Automotive's Receivables Turnover for the three months ended in Mar. 2024 was 8.35.


O'Reilly Automotive Receivables Turnover Historical Data

The historical data trend for O'Reilly Automotive'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.

O'Reilly Automotive Receivables Turnover Chart

O'Reilly Automotive Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.88 52.20 53.07 46.81 44.03

O'Reilly Automotive Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 9.07 9.58 10.86 9.89 8.35

Competitive Comparison of O'Reilly Automotive's Receivables Turnover

For the Specialty Retail subindustry, O'Reilly Automotive'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.


O'Reilly Automotive's Receivables Turnover Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where O'Reilly Automotive's Receivables Turnover falls into.



O'Reilly Automotive Receivables Turnover Calculation

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

O'Reilly Automotive's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=15812.25 / ((343.155 + 375.049) / 2 )
=15812.25 / 359.102
=44.03

O'Reilly Automotive's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=3976.24 / ((375.049 + 577.088) / 2 )
=3976.24 / 476.0685
=8.35

* 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.


O'Reilly Automotive  (LTS:0KAB) 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.


O'Reilly Automotive Receivables Turnover Related Terms

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O'Reilly Automotive (LTS:0KAB) Business Description

Address
233 South Patterson Avenue, Springfield, MO, USA, 65802
O'Reilly Automotive is one of the largest sellers of aftermarket automotive parts, tools, and accessories, serving professional and DIY customers (44% and 56% of 2022 sales, respectively). The company sells branded as well as own-label products, with the latter category comprising nearly half of sales. O'Reilly had 5,971 stores as of the end of 2022, spread across 47 U.S. states and including 42 stores in Mexico. The firm serves professional and DIY customers through its stores and also employs approximately 725 sales personnel targeting commercial buyers.

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