Tractor Supply Company (TSCO)
Receivables turnover
| Dec 31, 2023 | Sep 30, 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 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 14,555,740 | 14,902,280 | 14,761,100 | 14,479,810 | 14,204,720 | 13,517,620 | 13,264,750 | 12,962,900 | 12,731,110 | 20,032,230 | 19,620,870 | 19,195,640 | 18,362,490 | 9,933,870 | 9,311,440 | 8,488,890 | 8,351,920 | 8,293,410 | 8,190,890 | 8,050,360 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $14,555,740K ÷ $—K
= —
To calculate Tractor Supply Company's receivables turnover, we need the accounts receivable balances for each period along with the corresponding sales figures. The receivables turnover ratio is a measure of how effectively a company is managing its receivables by indicating how many times during a period the company collects its average accounts receivable balance.
Unfortunately, without the specific accounts receivable balances and sales figures for Tractor Supply Company for the respective periods listed, we are unable to compute the receivables turnover ratio.
However, typically, a higher receivables turnover ratio is generally favorable as it suggests that the company is collecting its outstanding receivables more frequently, which indicates efficient management of accounts receivable. Conversely, a lower receivables turnover ratio may indicate inefficiencies in collecting on credit sales.
Peer comparison
Dec 31, 2023