Monro Muffler Brake Inc (MNRO)
Receivables turnover
| Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Dec 23, 2023 | Sep 30, 2023 | Sep 23, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 900,342 | 1,210,419 | 1,222,303 | 1,233,522 | 1,262,431 | 1,269,644 | 1,278,959 | 1,277,185 | 1,290,287 | 1,302,815 | 1,325,382 | 1,342,576 | 1,349,164 | 1,367,045 | 1,359,328 | 1,336,783 | 1,279,593 | 1,220,481 | 1,125,722 | 1,106,303 |
| Receivables | US$ in thousands | — | 14,712 | 14,675 | 12,054 | 41,093 | 15,242 | 808 | 14,316 | 20 | 14,120 | 51,981 | 13,172 | 12,603 | 11,850 | 32,729 | 14,709 | 18,194 | 18,507 | 41,236 | 22,062 |
| Receivables turnover | — | 82.27 | 83.29 | 102.33 | 30.72 | 83.30 | 1,582.87 | 89.21 | 64,514.35 | 92.27 | 25.50 | 101.93 | 107.05 | 115.36 | 41.53 | 90.88 | 70.33 | 65.95 | 27.30 | 50.15 |
March 31, 2025 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $900,342K ÷ $—K
= —
The receivables turnover ratio for Monro Muffler Brake Inc has shown fluctuations over the years, ranging from a low of 25.50 to a high of 115.36. This ratio measures how efficiently the company is collecting outstanding receivables from its customers. A higher turnover ratio indicates that the company is collecting its receivables more quickly.
From December 31, 2020, to March 31, 2021, there was a noticeable decrease in the receivables turnover ratio, suggesting potential issues with collecting outstanding payments. The ratio then improved significantly by June 30, 2021, and continued to increase steadily until June 30, 2022, reaching its highest point during this period.
During the subsequent quarters, the ratio remained relatively high, indicating efficient collection of receivables. However, there was a significant anomaly in the data on September 23, 2023, which reported an extremely high turnover ratio of 64,514.35. This outlier seems to be a data error.
Overall, the trend of the receivables turnover ratio for Monro Muffler Brake Inc demonstrates variability but generally suggests effective management of accounts receivable and efficient collection processes.
Peer comparison
Mar 31, 2025