Dollarama (FRA:DR3) Receivables Turnover : 48.20 (As of Jan. 2024)

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What is Dollarama 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. Dollarama's Revenue for the three months ended in Jan. 2024 was €1,121 Mil. Dollarama's average Accounts Receivable for the three months ended in Jan. 2024 was €23 Mil. Hence, Dollarama's Receivables Turnover for the three months ended in Jan. 2024 was 48.20.

Dollarama Receivables Turnover Historical Data

The historical data trend for Dollarama'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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Dollarama Receivables Turnover Chart

Dollarama Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Receivables Turnover

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109.36

139.19

191.68

121.91

131.29

Dollarama Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Receivables Turnover	Get a 7-Day Free Trial															29.40	24.84	36.24	42.78	48.20

Competitive Comparison of Dollarama's Receivables Turnover

For the Discount Stores subindustry, Dollarama'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.

Dollarama's Receivables Turnover Distribution in the Retail - Defensive Industry

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

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

Dollarama Receivables Turnover Calculation

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

Dollarama's Receivables Turnover for the fiscal year that ended in Jan. 2024 is calculated as

	Receivables Turnover (A: Jan. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jan. 2024 )	/ (	(Accounts Receivable (A: Jan. 2023 )	+	Accounts Receivable (A: Jan. 2024 ))	/	count )
=	4012.684	/ (	(38.919	+	22.209)	/	2 )
=	4012.684	/	30.564
=	131.29

Dollarama's Receivables Turnover for the quarter that ended in Jan. 2024 is calculated as

	Receivables Turnover (Q: Jan. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jan. 2024 )	/ (	(Accounts Receivable (Q: Oct. 2023 )	+	Accounts Receivable (Q: Jan. 2024 ))	/	count )
=	1121.03	/ (	(24.306	+	22.209)	/	2 )
=	1121.03	/	23.2575
=	48.20

Dollarama (FRA:DR3) 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.

Dollarama Receivables Turnover Related Terms

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Dollarama (FRA:DR3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Dollarama Inc (FRA:DR3) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

DLMAF:USA DR3:Germany DOL:Canada

Address

5805 Royalmount Avenue, Montreal, QC, CAN, H4P 0A1

Website

https://www.dollarama.com

Dollarama Inc is a Canada-based company principally engaged in operating discount retail stores. The company provides a broad range of everyday consumer products, general merchandise, and seasonal items both in-store and online. General merchandise and consumer products jointly account for the majority of the company's product offerings. The company's stores are throughout Canada, generally located in convenient locations, such as metropolitan areas, midsize cities, and small towns. All the stores are owned and operated by the company.

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