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. Signet Jewelers's Revenue for the
three
months ended in Jan. 2024 was $2,498 Mil. Signet Jewelers's average Accounts Receivable for the
three
months ended in Jan. 2024 was $10 Mil.
Hence, Signet Jewelers's Receivables Turnover for the
three
months ended in Jan. 2024 was 246.07.
Signet Jewelers Receivables Turnover Historical Data
The historical data trend for Signet Jewelers'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 Signet Jewelers's Receivables Turnover
For the Luxury Goods subindustry, Signet Jewelers'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.
Signet Jewelers's Receivables Turnover Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Signet Jewelers's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Signet Jewelers's Receivables Turnover falls into.
Signet Jewelers Receivables Turnover Calculation
Receivables Turnover measures the number of times a company collects its average accounts receivable balance.
Signet Jewelers's Receivables Turnover for the fiscal year that ended in Jan. 2024 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.
Signet Jewelers Receivables Turnover Related Terms
Thank you for viewing the detailed overview of Signet Jewelers's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
Signet Jewelers (Signet Jewelers) Business Description
Signet Jewelers Ltd is a retailer of diamond jewelry. Its merchandise mix includes bridal, fashion, watches and others. The bridal category includes engagement, wedding and anniversary purchases. Its segments are the North America segment, the International segment, and the Other segment. The North America segment contributes to the majority of the revenue.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SIG has been successfully added to your 