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. Lululemon Athletica's Revenue for the
three
months ended in Jan. 2024 was $3,205 Mil. Lululemon Athletica's average Accounts Receivable for the
three
months ended in Jan. 2024 was $116 Mil.
Hence, Lululemon Athletica's Receivables Turnover for the
three
months ended in Jan. 2024 was 27.66.
Lululemon Athletica Receivables Turnover Historical Data
The historical data trend for Lululemon Athletica'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 Lululemon Athletica's Receivables Turnover
For the Apparel Retail subindustry, Lululemon Athletica'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.
Lululemon Athletica's Receivables Turnover Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Lululemon Athletica's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Lululemon Athletica's Receivables Turnover falls into.
* 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.
Lululemon Athletica Receivables Turnover Related Terms
Thank you for viewing the detailed overview of Lululemon Athletica's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
Lululemon Athletica (Lululemon Athletica) Business Description
Lululemon Athletica designs, distributes, and markets athletic apparel, footwear, and accessories for women, men, and girls. Lululemon offers pants, shorts, tops, and jackets for both leisure and athletic activities such as yoga and running. The company also sells fitness accessories, such as bags, yoga mats, and equipment. Lululemon sells its products through more than 680 company-owned stores in 19 countries, e-commerce, outlets, and wholesale accounts. The company was founded in 1998 and is based in Vancouver, Canada.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
LULU has been successfully added to your 