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. Nu Skin Enterprises's Revenue for the
three
months ended in Mar. 2024 was $417 Mil. Nu Skin Enterprises's average Accounts Receivable for the
three
months ended in Mar. 2024 was $70 Mil.
Hence, Nu Skin Enterprises's Receivables Turnover for the
three
months ended in Mar. 2024 was 5.96.
Nu Skin Enterprises Receivables Turnover Historical Data
The historical data trend for Nu Skin Enterprises'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 Nu Skin Enterprises's Receivables Turnover
For the Household & Personal Products subindustry, Nu Skin Enterprises'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.
Nu Skin Enterprises's Receivables Turnover Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Nu Skin Enterprises's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Nu Skin Enterprises's Receivables Turnover falls into.
Nu Skin Enterprises Receivables Turnover Calculation
Receivables Turnover measures the number of times a company collects its average accounts receivable balance.
Nu Skin Enterprises's Receivables Turnover for the fiscal year that ended in Dec. 2023 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.
Nu Skin Enterprises (NYSE:NUS) 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.
Nu Skin Enterprises Receivables Turnover Related Terms
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Nu Skin Enterprises (Nu Skin Enterprises) Business Description
Nu Skin Enterprises Inc is a health and beauty direct-selling company with a comprehensive product line: anti-aging skin products; peels, masks, and scrubs; moisturizers; body care; hair care; men's care; oral care; sun protection; and cosmetics. The company has three main product divisions: anti-aging, skin, and pharmaceuticals. The pharmaceuticals division offers nutritionals, weight-management products, and food supplements. The company has operations internationally, in more than 50 countries across the Americas, Europe, and the Asia-Pacific.
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