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Smith & Wesson Brands (Smith & Wesson Brands) Receivables Turnover : 2.28 (As of Jan. 2024)


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What is Smith & Wesson Brands 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. Smith & Wesson Brands's Revenue for the three months ended in Jan. 2024 was $137.5 Mil. Smith & Wesson Brands's average Accounts Receivable for the three months ended in Jan. 2024 was $60.2 Mil. Hence, Smith & Wesson Brands's Receivables Turnover for the three months ended in Jan. 2024 was 2.28.


Smith & Wesson Brands Receivables Turnover Historical Data

The historical data trend for Smith & Wesson Brands'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.

* Premium members only.

Smith & Wesson Brands Receivables Turnover Chart

Smith & Wesson Brands Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.80 7.27 16.51 13.28 8.13

Smith & Wesson Brands 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 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 Premium Member Only Premium Member Only Premium Member Only 2.51 2.55 2.74 2.84 2.28

Competitive Comparison of Smith & Wesson Brands's Receivables Turnover

For the Aerospace & Defense subindustry, Smith & Wesson Brands'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.


Smith & Wesson Brands's Receivables Turnover Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Smith & Wesson Brands's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Smith & Wesson Brands's Receivables Turnover falls into.



Smith & Wesson Brands Receivables Turnover Calculation

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

Smith & Wesson Brands's Receivables Turnover for the fiscal year that ended in Apr. 2023 is calculated as

Receivables Turnover (A: Apr. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Apr. 2023 ) / ((Accounts Receivable (A: Apr. 2022 ) + Accounts Receivable (A: Apr. 2023 )) / count )
=479.242 / ((62.695 + 55.153) / 2 )
=479.242 / 58.924
=8.13

Smith & Wesson Brands'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 )
=137.484 / ((59.773 + 60.647) / 2 )
=137.484 / 60.21
=2.28

* 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.


Smith & Wesson Brands  (NAS:SWBI) 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.


Smith & Wesson Brands Receivables Turnover Related Terms

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Smith & Wesson Brands (Smith & Wesson Brands) Business Description

Traded in Other Exchanges
Address
2100 Roosevelt Avenue, Springfield, MA, USA, 01104
Smith & Wesson Brands Inc is a U.S.-based leader in firearm manufacturing. It operates under one reportable segment: Firearms, which includes firearms distribution and manufacturing services. The company manufactures handguns, long guns, sporting rifles, shooting gear, and suppressor products. The firm's brand portfolio consists of Smith and Wesson, M&P, Thompson/Center Arms, Performance Center, and Gemtech; which are used for defense, law enforcement, hunting, and sporting purposes. The company operates internationally, with the majority of income generated by the U.S. market from its handgun products.
Executives
Robert L Scott director 14500 N. NORTHSIGHT, SUITE 116, SCOTTSDALE AZ 85260
Michelle Lohmeier director C/O SPIRIT AEROSYSTEMS HOLDINGS, INC., WICHITA KS 67210
John B Furman director 1420 COLUMBUS AVENUE, PORTSMOUTH VA 23704
Deana L Mcpherson officer: See Remarks 2100 ROOSEVELT AVENUE, SPRINGFIELD MA 01104
Fred M Diaz director 9614 AMALFI CT, BRENTWOOD TN 37027
Mark Peter Smith officer: See remarks. 2100 ROOSEVELT AVENUE, SPRINGFIELD MA 01104
Kevin Alden Maxwell officer: See Remarks 2100 ROOSEVELT AVENUE, SPRINGFIELD MA 01104
Barry M Monheit director
Robert J. Cicero officer: See Remarks 2100 ROOSEVELT AVENUE, SPRINGFIELD MA 01104
Denis Suggs director 7701 FORSYTH BOULEVARD, SUITE 800, ST. LOUIS MO 63105
Michael F Golden officer: President and CEO 2100 ROOSEVELT AVENUE, SPRINGFIELD MA 01104
Anita D Britt director 3000 NW 107TH AVENUE, MIAMI FL 33172
Susan Jean Cupero officer: See Remarks 2100 ROOSEVELT AVENUE, SPRINGFIELD MA 01104
Lane A. Tobiassen officer: President, Firearm Division 2100 ROOSEVELT AVENUE, SPRINGFIELD MA 01104
Mitchell A Saltz director 14500 NORTH NORTHSIGHT BLVD SUITE 116, SCOTTSDALE AZ 85260