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. Vista Outdoor's Revenue for the
three
months ended in Dec. 2023 was $682 Mil. Vista Outdoor's average Accounts Receivable for the
three
months ended in Dec. 2023 was $392 Mil.
Hence, Vista Outdoor's Receivables Turnover for the
three
months ended in Dec. 2023 was 1.74.
Vista Outdoor Receivables Turnover Historical Data
The historical data trend for Vista Outdoor'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 Vista Outdoor's Receivables Turnover
For the Leisure subindustry, Vista Outdoor'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.
Vista Outdoor's Receivables Turnover Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Vista Outdoor's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Vista Outdoor's Receivables Turnover falls into.
Vista Outdoor Receivables Turnover Calculation
Receivables Turnover measures the number of times a company collects its average accounts receivable balance.
Vista Outdoor's Receivables Turnover for the fiscal year that ended in Mar. 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.
Vista Outdoor (NYSE:VSTO) 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.
Vista Outdoor Receivables Turnover Related Terms
Thank you for viewing the detailed overview of Vista Outdoor's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
Vista Outdoor (Vista Outdoor) Business Description
Vista Outdoor Inc designs, develops, and manufactures outdoor sports and recreation products, and is domiciled in the United States. The company organizes itself into two segments: Shooting sports and Outdoor products. Shooting sports, which contributes the largest proportion of company revenue, includes ammunition, long guns, and related equipment under brands such as Federal Premium, Blackhawk, and Hoppe's. Outdoor products include archery and hunting accessories, eyewear, golf products, hydration products, and stand-up paddle boards under brands including CamelBak and Bushnell. The company derives the vast majority of revenue domestically.
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