Natures Sunshine Products (Natures Sunshine Products) Receivables Turnover : 11.89 (As of Dec. 2023)

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What is Natures Sunshine Products 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. Natures Sunshine Products's Revenue for the three months ended in Dec. 2023 was $108.9 Mil. Natures Sunshine Products's average Accounts Receivable for the three months ended in Dec. 2023 was $9.2 Mil. Hence, Natures Sunshine Products's Receivables Turnover for the three months ended in Dec. 2023 was 11.89.

Natures Sunshine Products Receivables Turnover Historical Data

The historical data trend for Natures Sunshine Products'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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Natures Sunshine Products Receivables Turnover Chart

Natures Sunshine Products Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

48.07

52.43

54.67

36.72

38.84

Natures Sunshine Products Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															8.53	8.84	10.16	10.13	11.89

Competitive Comparison of Natures Sunshine Products's Receivables Turnover

For the Packaged Foods subindustry, Natures Sunshine Products'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.

Natures Sunshine Products's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Natures Sunshine Products's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Natures Sunshine Products's Receivables Turnover falls into.

Natures Sunshine Products Receivables Turnover Calculation

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

Natures Sunshine Products'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 )
=	445.32	/ (	(14.106	+	8.827)	/	2 )
=	445.32	/	11.4665
=	38.84

Natures Sunshine Products's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	108.936	/ (	(9.491	+	8.827)	/	2 )
=	108.936	/	9.159
=	11.89

Natures Sunshine Products (NAS:NATR) 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.

Natures Sunshine Products Receivables Turnover Related Terms

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Natures Sunshine Products (Natures Sunshine Products) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Natures Sunshine Products Inc (NAS:NATR) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

2901 West Bluegrass Boulevard, Suite 100, Lehi, UT, USA, 84043

Website

https://www.natr.com

Natures Sunshine Products Inc is a natural health and wellness company, primarily engaged in the manufacturing and selling of nutritional and personal care products. The company markets its products in Australia, Austria, Belarus, Canada, Colombia, Costa Rica, the Czech Republic, Denmark, the Dominican Republic, Ecuador, El Salvador, Finland, Germany, Guatemala, Honduras, Hong Kong, and in various other countries. The company operates in four segments namely, Asia, Europe, North America, and Latin America and Other. It offers products related to general health, immunity, cardiovascular, digestive, personal care and weight management.

Executives

Daniel C Norman	officer: EVP & President, Asia	2901 WEST BLUEGRASS BLVD., SUITE 500: LEGAL DEPARTMENT, LEHI UT 84043
Nathan G Brower	officer: EVP, General Counsel	2901 W BLUEGRASS BLVD, SUITE 100, LEHI UT 84043
Sarah Crockett	officer: Global Chief Marketing Officer	2901 WEST BLUEGRASS BLVD., LEHI UT 84043
Bryant J Yates	officer: Pres Nature's Sunshine Int'l	2500 W EXECUTIVE PARKWAY, SUITE 100, LEHI UT 84043
Kevin R. Herbert	officer: EVP & President, North America	2901 WEST BLUEGRASS BLVD., LEHI UT 84043
Rong Yang	director	2901 WEST BLUEGRASS BLVD., STE 100, LEHI UT 84043
Tracee Comstock	officer: VP, Human Resources	2901 WEST BLUEGRASS BLVD., STE 100, LEHI UT 84043
Jonathan David Lanoy	officer: SVP, Finance - Interim CFO	C/O NATURE'S SUNSHINE PRODUCTS, INC., LEHI UT 84043
Leslie Shane Jones	officer: EVP & Chief Financial Officer	2901 W. BLUEGRASS BLVD., LEHI UT 84043
Wynnefield Partners Small Cap Value Lp	10 percent owner	450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Terrence Moorehead	director, officer: Chief Executive Officer	C/O 2901 W. BLUEGRASS BLVD, STE 500, LEHI UT 84043
Edward Silcock	officer: EVP & President, North America	2901 WEST BLUEGRASS BLVD., SUITE 500: LEGAL DEPARTMENT, LEHI UT 84043
Martin A. Gonzalez	officer: EVP, Global Supply Chain	C/O 2901 W. BLUEGRASS BLVD., ATTN: LEGAL DEPARTMENT, LEHI UT 84043
Tess Roering	director	C/O NATURE'S SUNSHINE PRODUCTS, INC., 2901 W. BLUEGRASS BLVD., LEHI UT 84043
Curtis Kopf	director	C/O NATURE'S SUNSHINE PRODUCTS, INC., 2901 WEST BLUEGRASS BLVD. STE 500, LEHI UT 84043