Apogee Enterprises Inc (APOG)

The receivables turnover ratio for Apogee Enterprises Inc has shown fluctuations over the years. In February 25, 2023, the ratio was 7.30, indicating that the company collected its accounts receivable approximately 7.30 times during the year. However, for February 28, 2023 and February 29, 2024, the data is not available (marked as "—"), which may be due to missing information or calculations. In March 2, 2024, the receivables turnover ratio improved to 8.16, reflecting a faster turnover of accounts receivable compared to the previous year. The data for February 28, 2025 is also not available.

Overall, a higher receivables turnover ratio suggests that the company is efficient in collecting payments from customers, while a lower ratio may indicate inefficiencies in managing accounts receivable. It is important for Apogee Enterprises Inc to monitor and improve their receivables turnover ratio to ensure timely collection of outstanding receivables and maintain healthy cash flow.