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. Delta Apparel's Revenue for the
three
months ended in Mar. 2024 was $78.9 Mil. Delta Apparel's average Accounts Receivable for the
three
months ended in Mar. 2024 was $33.7 Mil.
Hence, Delta Apparel's Receivables Turnover for the
three
months ended in Mar. 2024 was 2.34.
Delta Apparel Receivables Turnover Historical Data
The historical data trend for Delta Apparel'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 Delta Apparel's Receivables Turnover
For the Apparel Manufacturing subindustry, Delta Apparel'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.
Delta Apparel's Receivables Turnover Distribution in the Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Delta Apparel's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Delta Apparel's Receivables Turnover falls into.
Delta Apparel Receivables Turnover Calculation
Receivables Turnover measures the number of times a company collects its average accounts receivable balance.
Delta Apparel's Receivables Turnover for the fiscal year that ended in Sep. 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.
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.
Delta Apparel Receivables Turnover Related Terms
Thank you for viewing the detailed overview of Delta Apparel's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
Delta Apparel (Delta Apparel) Business Description
Delta Apparel Inc together with its subsidiaries is an international apparel design, marketing, manufacturing, and sourcing company. It operates its business in two distinct segments: Delta Group and Salt Life Group. The company offers a diverse portfolio of lifestyle basics and branded activewear apparel, headwear, and related accessory products. It specializes in selling casual and athletic products through distribution channels and distribution tiers, including specialty stores, boutiques, department stores, mid and mass channels, e-retailers, and the U.S. military. It also offers its products to consumers on its websites and in its retail stores. The company derives the maximum revenue from the wholesale of goods through the Delta Group in the United States.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
DLA has been successfully added to your 