Deckers Outdoor (FRA:DO2) Receivables Turnover : 3.06 (As of Mar. 2024)

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What is Deckers Outdoor 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. Deckers Outdoor's Revenue for the three months ended in Mar. 2024 was €883 Mil. Deckers Outdoor's average Accounts Receivable for the three months ended in Mar. 2024 was €288 Mil. Hence, Deckers Outdoor's Receivables Turnover for the three months ended in Mar. 2024 was 3.06.

Deckers Outdoor Receivables Turnover Historical Data

The historical data trend for Deckers 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.

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Deckers Outdoor Receivables Turnover Chart

Deckers Outdoor Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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11.84

12.25

12.54

12.18

14.23

Deckers Outdoor Quarterly Data
	Jun19	Sep19	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															2.51	2.35	2.89	3.76	3.06

Competitive Comparison of Deckers Outdoor's Receivables Turnover

For the Footwear & Accessories subindustry, Deckers 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.

Deckers Outdoor's Receivables Turnover Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Deckers Outdoor's Receivables Turnover distribution charts can be found below:

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

Deckers Outdoor Receivables Turnover Calculation

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

Deckers Outdoor's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Receivables Turnover (A: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2024 )	/ (	(Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )
=	3944.742	/ (	(281.611	+	272.84)	/	2 )
=	3944.742	/	277.2255
=	14.23

Deckers Outdoor'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 )
=	882.977	/ (	(304.148	+	272.84)	/	2 )
=	882.977	/	288.494
=	3.06

Deckers Outdoor (FRA:DO2) 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.

Deckers Outdoor Receivables Turnover Related Terms

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Deckers Outdoor (FRA:DO2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Deckers Outdoor Corp (FRA:DO2) » Definitions » Receivables Turnover

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Traded in Other Exchanges

DECK:USA

Address

250 Coromar Drive, Goleta, CA, USA, 93117

Website

https://www.deckers.com

Deckers Outdoor Corp designs and sells casual and performance footwear, apparel, and accessories. Primary brands include UGG, Teva, and Sanuk. The company distributes Most of its products through its wholesale business, but it also has a substantial direct-to-consumer business with its company-owned retail stores and websites. Most sales are in the United States, although the company also has retail stores and distributors throughout Europe, Asia, Canada, and Latin America. Deckers sources its products from independent manufacturers primarily in Asia.

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