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Allbirds (Allbirds) Receivables Turnover : 5.66 (As of Mar. 2024)


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What is Allbirds 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. Allbirds's Revenue for the three months ended in Mar. 2024 was $39.3 Mil. Allbirds's average Accounts Receivable for the three months ended in Mar. 2024 was $6.9 Mil. Hence, Allbirds's Receivables Turnover for the three months ended in Mar. 2024 was 5.66.


Allbirds Receivables Turnover Historical Data

The historical data trend for Allbirds'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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Allbirds Receivables Turnover Chart

Allbirds Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
76.22 97.55 42.91 29.51 29.21

Allbirds Quarterly Data
Dec19 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 7.20 13.46 11.58 10.66 5.66

Competitive Comparison of Allbirds's Receivables Turnover

For the Apparel Retail subindustry, Allbirds'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.


Allbirds's Receivables Turnover Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Allbirds's Receivables Turnover falls into.



Allbirds Receivables Turnover Calculation

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

Allbirds'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 )
=254.065 / ((9.206 + 8.188) / 2 )
=254.065 / 8.697
=29.21

Allbirds'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 )
=39.327 / ((8.188 + 5.703) / 2 )
=39.327 / 6.9455
=5.66

* 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.


Allbirds  (NAS:BIRD) 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.


Allbirds Receivables Turnover Related Terms

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Allbirds (Allbirds) Business Description

Traded in Other Exchanges
N/A
Address
730 Montgomery Street, San Francisco, CA, USA, 94111
Allbirds Inc is a lifestyle brand that innovates with naturally derived materials to make footwear and apparel products in a better way, while treading lighter on the planet. Its primary source of revenue is from sales of shoes and apparel products. The majority of the revenue is derived from United States.
Executives
Joseph Vernachio officer: Chief Operating Officer C/O ALLBIRDS, INC., 730 MONTGOMERY STREET, SAN FRANCISCO CA 94111
Ann Mitchell officer: Chief Financial Officer C/O ALLBIRDS, INC., 730 MONTGOMERY STREET, SAN FRANCISCO CA 94111
Dan Levitan director, 10 percent owner 505 FIFTH AVE S, STE 600, SEATTLE WA 98104
Michael J Bufano officer: Chief Financial Officer C/O ALLBIRDS, INC., 730 MONTGOMERY STREET, SAN FRANCISCO CA 94111
Joseph Zwillinger director, 10 percent owner, officer: Co-Chief Executive Officer C/O BIG SKY GROWTH PARTNERS, INC., 1201 WESTERN AVENUE, SUITE 406, SEATTLE WA 98101
Ann Freeman director C/O ALLBIRDS, INC., 730 MONTGOMERY STREET, SAN FRANCISCO CA 94111
Timothy O. Brown director, 10 percent owner, officer: Co-Chief Executive Officer C/O ALLBIRDS, INC., 730 MONTGOMERY STREET, SAN FRANCISCO CA 94111
Goldman Sachs Group Inc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Sachs International Goldman 10 percent owner PLUMTREE COURT, 25 SHOE LANE, LONDON X0 EC4A 4AU
Goldman Sachs & Co. Llc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Maveron Equity Partners V, L.p. 10 percent owner 411 FIRST AVENUE SOUTH, SUITE 600, SEATTLE WA 98104
Maveron General Partner V, Llc 10 percent owner 411 FIRST AVENUE SOUTH, SUITE 600, SEATTLE WA 98104
Maveron V Entrepreneurs' Fund, L.p. 10 percent owner 411 FIRST AVENUE SOUTH, SUITE 600, SEATTLE WA 98104
Mep Associates V, L.p. 10 percent owner 411 FIRST AVENUE SOUTH, SUITE 600, SEATTLE WA 98104
Neil Harris Blumenthal director C/O WARBY PARKER INC., 233 SPRING STREET, 6TH FLOOR, NEW YORK NY 10013

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