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Kidpik (Kidpik) Receivables Turnover : 14.17 (As of Mar. 2024)


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What is Kidpik 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. Kidpik's Revenue for the three months ended in Mar. 2024 was $2.24 Mil. Kidpik's average Accounts Receivable for the three months ended in Mar. 2024 was $0.16 Mil. Hence, Kidpik's Receivables Turnover for the three months ended in Mar. 2024 was 14.17.


Kidpik Receivables Turnover Historical Data

The historical data trend for Kidpik'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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Kidpik Receivables Turnover Chart

Kidpik Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
58.27 61.36 65.97 48.61 51.97

Kidpik 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 15.23 19.77 22.37 18.79 14.17

Competitive Comparison of Kidpik's Receivables Turnover

For the Internet Retail subindustry, Kidpik'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.


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

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

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



Kidpik Receivables Turnover Calculation

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

Kidpik'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 )
=14.241 / ((0.336 + 0.212) / 2 )
=14.241 / 0.274
=51.97

Kidpik'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 )
=2.239 / ((0.212 + 0.104) / 2 )
=2.239 / 0.158
=14.17

* 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.


Kidpik  (NAS:PIK) 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.


Kidpik Receivables Turnover Related Terms

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Kidpik (Kidpik) Business Description

Traded in Other Exchanges
N/A
Address
200 Park Avenue South, 3rd Floor, New York, NY, USA, 10003
Kidpik Corp is a subscription-based e-commerce business geared toward kid products for girl's and boy's apparel, footwear, and accessories. The Company serves its customers through the clothing subscription box business, its retail website and 3rd party websites.
Executives
Jill Pasechnick officer: CAO 101 NIEHAUS AVENUE, LITTLE FERRY NJ 07643
Jill Kronenberg director C/O 200 PARK AVENUE SOUTH, 3RD FLOOR, NEW YORK NY 10003
Hobart Sichel director 1830 ROUTE 130 NORTH, BURLINGTON NJ 08016
David Oddi director
Adir Katzav officer: EVP, CFO, and Treasurer C/O EAGLE BULK SHIPPING INC., 477 MADISON AVENUE, NEW YORK NY 10022
Ezra Dabah director, 10 percent owner, officer: President, CEO and Chairman ONE DODGE DR, WEST CALDWELL NJ 07006
Renee Dabah 10 percent owner
Raine Silverstein 10 percent owner
Moshe Dabah officer: VP, COO and CTO C/O 200 PARK AVENUE SOUTH, 3RD FLOOR, NEW YORK NY 10003