GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Digital Brands Group Inc (NAS:DBGI) » Definitions » Receivables Turnover

Digital Brands Group (Digital Brands Group) Receivables Turnover : 15.86 (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Digital Brands Group 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. Digital Brands Group's Revenue for the three months ended in Mar. 2024 was $3.58 Mil. Digital Brands Group's average Accounts Receivable for the three months ended in Mar. 2024 was $0.23 Mil. Hence, Digital Brands Group's Receivables Turnover for the three months ended in Mar. 2024 was 15.86.


Digital Brands Group Receivables Turnover Historical Data

The historical data trend for Digital Brands Group'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.

* Premium members only.

Digital Brands Group Receivables Turnover Chart

Digital Brands Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
- 145.53 121.36 40.38 41.43

Digital Brands Group Quarterly Data
Dec19 Mar20 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 Premium Member Only 9.37 16.58 10.57 10.41 15.86

Competitive Comparison of Digital Brands Group's Receivables Turnover

For the Apparel Retail subindustry, Digital Brands Group'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.


Digital Brands Group's Receivables Turnover Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Digital Brands Group's Receivables Turnover falls into.



Digital Brands Group Receivables Turnover Calculation

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

Digital Brands Group'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 )
=14.916 / ((0.603 + 0.117) / 2 )
=14.916 / 0.36
=41.43

Digital Brands Group'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 )
=3.577 / ((0.117 + 0.334) / 2 )
=3.577 / 0.2255
=15.86

* 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.


Digital Brands Group  (NAS:DBGI) 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.


Digital Brands Group Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Digital Brands Group's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Digital Brands Group (Digital Brands Group) Business Description

Traded in Other Exchanges
N/A
Address
1400 Lavaca Street, Austin, TX, USA, 78701
Digital Brands Group Inc offers a variety of apparel through numerous brands on a both direct-to-consumer and wholesale basis. The company has expanded into an omnichannel brand offering the styles and content not only online but at selected wholesale and retail storefronts. Its brand portfolio consists of Bailey 44, DSTLD, Harper & Jones, Stateside, and Sundry.
Executives
Drew Jones 10 percent owner 2736 ROUTH STREET, DALLAS TX 75202
Huong Doan director 1400 LAVACA STREET, AUSTIN TX 78701
Trevor Pettennude director 1400 LAVACA STREET, AUSTIN TX 78701
Moise Emquies director 1400 LAVACA STREET, AUSTIN TX 78701
Laura Dowling officer: Chief Marketing Officer 1400 LAVACA STREET, AUSTIN TX 78701
Jameeka Aaron director 1400 LAVACA STREET, AUSTIN TX 78701
Reid William Yeoman officer: Chief Financial Officer 1400 LAVACA STREET, AUSTIN TX 78701
Mark Thomas Lynn director 1400 LAVACA STREET, AUSTIN TX 78791
Davis John Hilburn Iv officer: Pres., CEO 1400 LAVACA STREET, AUSTIN TX 78701