Stock Analysis on Net

This company has been moved to the archive! The financial data has not been updated since May 26, 2023.

Analysis of Short-term (Operating) Activity Ratios 
Quarterly Data

Microsoft Excel

Short-term Activity Ratios (Summary)

RH, short-term (operating) activity ratios (quarterly data)

Microsoft Excel
Apr 29, 2023 Jan 28, 2023 Oct 29, 2022 Jul 30, 2022 Apr 30, 2022 Jan 29, 2022 Oct 30, 2021 Jul 31, 2021 May 1, 2021 Jan 30, 2021 Oct 31, 2020 Aug 1, 2020 May 2, 2020 Feb 1, 2020 Nov 2, 2019 Aug 3, 2019 May 4, 2019 Feb 2, 2019 Nov 3, 2018 Aug 4, 2018 May 5, 2018 Feb 3, 2018 Oct 28, 2017 Jul 29, 2017 Apr 29, 2017
Turnover Ratios
Inventory turnover 2.23 2.22 2.22 2.18 2.33 2.59 2.97 2.81 2.85 2.80 2.97 2.94 2.97 3.54 3.68 3.26 2.88 2.83 2.66 2.73 2.91 3.02
Receivables turnover 55.99 60.08 63.53 69.47 58.77 64.90 60.52 58.63 53.59 47.90 45.73 45.33 51.57 54.05 58.56 58.99 52.10 62.29 58.60 60.46 63.07 77.68
Working capital turnover 2.08 2.21 1.60 1.68 1.89 1.85 1.91 15.85 19.43
Average No. Days
Average inventory processing period 163 165 164 167 156 141 123 130 128 130 123 124 123 103 99 112 127 129 137 134 125 121
Add: Average receivable collection period 7 6 6 5 6 6 6 6 7 8 8 8 7 7 6 6 7 6 6 6 6 5
Operating cycle 170 171 170 172 162 147 129 136 135 138 131 132 130 110 105 118 134 135 143 140 131 126

Based on: 10-Q (reporting date: 2023-04-29), 10-K (reporting date: 2023-01-28), 10-Q (reporting date: 2022-10-29), 10-Q (reporting date: 2022-07-30), 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-29), 10-Q (reporting date: 2021-10-30), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-05-01), 10-K (reporting date: 2021-01-30), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-08-01), 10-Q (reporting date: 2020-05-02), 10-K (reporting date: 2020-02-01), 10-Q (reporting date: 2019-11-02), 10-Q (reporting date: 2019-08-03), 10-Q (reporting date: 2019-05-04), 10-K (reporting date: 2019-02-02), 10-Q (reporting date: 2018-11-03), 10-Q (reporting date: 2018-08-04), 10-Q (reporting date: 2018-05-05), 10-K (reporting date: 2018-02-03), 10-Q (reporting date: 2017-10-28), 10-Q (reporting date: 2017-07-29), 10-Q (reporting date: 2017-04-29).

Short-term activity ratio Description The company
Inventory turnover An activity ratio calculated as cost of goods sold divided by inventory. RH inventory turnover ratio deteriorated from Q3 2023 to Q4 2023 but then improved from Q4 2023 to Q1 2024 exceeding Q3 2023 level.
Receivables turnover An activity ratio equal to revenue divided by receivables. RH receivables turnover ratio deteriorated from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024.
Working capital turnover An activity ratio calculated as revenue divided by working capital. RH working capital turnover ratio improved from Q3 2023 to Q4 2023 but then slightly deteriorated from Q4 2023 to Q1 2024.

Short-term activity ratio Description The company
Average inventory processing period An activity ratio equal to the number of days in the period divided by inventory turnover over the period. RH number of days of inventory outstanding deteriorated from Q3 2023 to Q4 2023 but then improved from Q4 2023 to Q1 2024 exceeding Q3 2023 level.
Average receivable collection period An activity ratio equal to the number of days in the period divided by receivables turnover.
Operating cycle Equal to average inventory processing period plus average receivables collection period.

Inventory Turnover

RH, inventory turnover calculation (quarterly data)

Microsoft Excel
Apr 29, 2023 Jan 28, 2023 Oct 29, 2022 Jul 30, 2022 Apr 30, 2022 Jan 29, 2022 Oct 30, 2021 Jul 31, 2021 May 1, 2021 Jan 30, 2021 Oct 31, 2020 Aug 1, 2020 May 2, 2020 Feb 1, 2020 Nov 2, 2019 Aug 3, 2019 May 4, 2019 Feb 2, 2019 Nov 3, 2018 Aug 4, 2018 May 5, 2018 Feb 3, 2018 Oct 28, 2017 Jul 29, 2017 Apr 29, 2017
Selected Financial Data (US$ in thousands)
Cost of goods sold 391,617 403,093 448,288 468,402 458,709 447,237 501,174 501,183 453,815 427,308 435,683 376,863 283,241 381,903 393,360 411,556 365,607 408,190 382,047 369,198 345,371 411,622 378,148 409,513 391,824
Merchandise inventories 766,301 801,841 819,299 859,078 817,327 734,289 633,591 645,987 593,946 544,227 497,076 487,639 494,260 438,696 429,189 480,688 530,190 531,947 566,117 551,343 530,657 527,026 557,345 608,048 683,984
Short-term Activity Ratio
Inventory turnover1 2.23 2.22 2.22 2.18 2.33 2.59 2.97 2.81 2.85 2.80 2.97 2.94 2.97 3.54 3.68 3.26 2.88 2.83 2.66 2.73 2.91 3.02
Benchmarks
Inventory Turnover, Competitors2
Amazon.com Inc. 9.94 9.15 8.41 8.01 8.49 8.40 7.80 7.30 7.90 8.34 8.69 10.90 10.54 9.80 8.76 9.81 9.33 8.08
Home Depot Inc. 4.08 4.20 4.07 3.96 4.01 4.55 4.76 5.06 4.87 5.25 5.13 5.83 4.93 5.00 4.65 4.91 4.65 5.10
Lowe’s Cos. Inc. 3.28 3.50 3.23 3.29 3.14 3.65 3.82 3.66 3.44 3.71 3.64 3.90 3.52 3.73 3.57 3.58 3.26 3.85
TJX Cos. Inc. 5.64 6.21 4.26 5.04 5.10 5.82 4.90 6.04 5.35 5.66 5.08 6.88 5.59 6.13 4.64 5.64 5.59 6.08

Based on: 10-Q (reporting date: 2023-04-29), 10-K (reporting date: 2023-01-28), 10-Q (reporting date: 2022-10-29), 10-Q (reporting date: 2022-07-30), 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-29), 10-Q (reporting date: 2021-10-30), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-05-01), 10-K (reporting date: 2021-01-30), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-08-01), 10-Q (reporting date: 2020-05-02), 10-K (reporting date: 2020-02-01), 10-Q (reporting date: 2019-11-02), 10-Q (reporting date: 2019-08-03), 10-Q (reporting date: 2019-05-04), 10-K (reporting date: 2019-02-02), 10-Q (reporting date: 2018-11-03), 10-Q (reporting date: 2018-08-04), 10-Q (reporting date: 2018-05-05), 10-K (reporting date: 2018-02-03), 10-Q (reporting date: 2017-10-28), 10-Q (reporting date: 2017-07-29), 10-Q (reporting date: 2017-04-29).

1 Q1 2024 Calculation
Inventory turnover = (Cost of goods soldQ1 2024 + Cost of goods soldQ4 2023 + Cost of goods soldQ3 2023 + Cost of goods soldQ2 2023) ÷ Merchandise inventories
= (391,617 + 403,093 + 448,288 + 468,402) ÷ 766,301 = 2.23

2 Click competitor name to see calculations.

Short-term activity ratio Description The company
Inventory turnover An activity ratio calculated as cost of goods sold divided by inventory. RH inventory turnover ratio deteriorated from Q3 2023 to Q4 2023 but then improved from Q4 2023 to Q1 2024 exceeding Q3 2023 level.

Receivables Turnover

RH, receivables turnover calculation (quarterly data)

Microsoft Excel
Apr 29, 2023 Jan 28, 2023 Oct 29, 2022 Jul 30, 2022 Apr 30, 2022 Jan 29, 2022 Oct 30, 2021 Jul 31, 2021 May 1, 2021 Jan 30, 2021 Oct 31, 2020 Aug 1, 2020 May 2, 2020 Feb 1, 2020 Nov 2, 2019 Aug 3, 2019 May 4, 2019 Feb 2, 2019 Nov 3, 2018 Aug 4, 2018 May 5, 2018 Feb 3, 2018 Oct 28, 2017 Jul 29, 2017 Apr 29, 2017
Selected Financial Data (US$ in thousands)
Net revenues 739,162 772,499 869,066 991,620 957,292 902,741 1,006,428 988,859 860,792 812,436 844,013 709,282 482,895 664,976 677,526 706,514 598,421 670,891 636,558 640,798 557,406 670,295 592,473 615,326 562,080
Accounts receivable, net 60,233 59,763 58,563 55,538 65,602 57,914 60,621 59,798 60,212 59,474 59,065 55,916 49,099 48,979 45,312 44,287 48,882 40,224 42,748 40,706 38,614 31,412 34,447 34,752 34,116
Short-term Activity Ratio
Receivables turnover1 55.99 60.08 63.53 69.47 58.77 64.90 60.52 58.63 53.59 47.90 45.73 45.33 51.57 54.05 58.56 58.99 52.10 62.29 58.60 60.46 63.07 77.68
Benchmarks
Receivables Turnover, Competitors2
Home Depot Inc. 36.97 47.45 42.15 41.67 38.76 44.12 41.81 43.47 39.00 44.15 47.12 46.57 42.95 52.34 49.72 48.38 47.32 55.89
TJX Cos. Inc. 85.71 88.70 86.31 89.32 86.53 93.79 74.20 70.21 60.88 69.69 72.02 75.94 213.66 108.00 91.76 106.12 100.60 112.54

Based on: 10-Q (reporting date: 2023-04-29), 10-K (reporting date: 2023-01-28), 10-Q (reporting date: 2022-10-29), 10-Q (reporting date: 2022-07-30), 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-29), 10-Q (reporting date: 2021-10-30), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-05-01), 10-K (reporting date: 2021-01-30), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-08-01), 10-Q (reporting date: 2020-05-02), 10-K (reporting date: 2020-02-01), 10-Q (reporting date: 2019-11-02), 10-Q (reporting date: 2019-08-03), 10-Q (reporting date: 2019-05-04), 10-K (reporting date: 2019-02-02), 10-Q (reporting date: 2018-11-03), 10-Q (reporting date: 2018-08-04), 10-Q (reporting date: 2018-05-05), 10-K (reporting date: 2018-02-03), 10-Q (reporting date: 2017-10-28), 10-Q (reporting date: 2017-07-29), 10-Q (reporting date: 2017-04-29).

1 Q1 2024 Calculation
Receivables turnover = (Net revenuesQ1 2024 + Net revenuesQ4 2023 + Net revenuesQ3 2023 + Net revenuesQ2 2023) ÷ Accounts receivable, net
= (739,162 + 772,499 + 869,066 + 991,620) ÷ 60,233 = 55.99

2 Click competitor name to see calculations.

Short-term activity ratio Description The company
Receivables turnover An activity ratio equal to revenue divided by receivables. RH receivables turnover ratio deteriorated from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024.

Working Capital Turnover

RH, working capital turnover calculation (quarterly data)

Microsoft Excel
Apr 29, 2023 Jan 28, 2023 Oct 29, 2022 Jul 30, 2022 Apr 30, 2022 Jan 29, 2022 Oct 30, 2021 Jul 31, 2021 May 1, 2021 Jan 30, 2021 Oct 31, 2020 Aug 1, 2020 May 2, 2020 Feb 1, 2020 Nov 2, 2019 Aug 3, 2019 May 4, 2019 Feb 2, 2019 Nov 3, 2018 Aug 4, 2018 May 5, 2018 Feb 3, 2018 Oct 28, 2017 Jul 29, 2017 Apr 29, 2017
Selected Financial Data (US$ in thousands)
Current assets 2,475,844 2,512,664 3,266,457 3,251,318 3,399,061 3,091,442 3,013,839 1,137,816 989,408 801,484 734,900 621,439 625,721 596,952 559,479 657,622 822,065 682,693 694,038 692,502 650,131 644,930 688,995 742,116 914,670
Less: Current liabilities 851,503 885,973 935,176 958,903 1,361,530 1,063,758 1,096,310 1,229,000 1,016,172 921,632 882,585 784,980 968,935 982,912 903,706 924,957 1,011,610 918,172 865,073 836,945 496,496 519,335 469,757 495,749 443,921
Working capital 1,624,341 1,626,691 2,331,281 2,292,415 2,037,531 2,027,684 1,917,529 (91,184) (26,764) (120,148) (147,685) (163,541) (343,214) (385,960) (344,227) (267,335) (189,545) (235,479) (171,035) (144,443) 153,635 125,595 219,238 246,367 470,749
 
Net revenues 739,162 772,499 869,066 991,620 957,292 902,741 1,006,428 988,859 860,792 812,436 844,013 709,282 482,895 664,976 677,526 706,514 598,421 670,891 636,558 640,798 557,406 670,295 592,473 615,326 562,080
Short-term Activity Ratio
Working capital turnover1 2.08 2.21 1.60 1.68 1.89 1.85 1.91 15.85 19.43
Benchmarks
Working Capital Turnover, Competitors2
Amazon.com Inc. 53.59 77.32 24.33 31.50 19.23 69.81 60.82 31.47 18.92 47.22 32.92
Home Depot Inc. 22.32 16.81 16.73 30.40 43.84 417.56 41.45 90.49 48.51 24.87 13.79 16.66 28.53 76.81 68.95 57.87 124.59 59.68
Lowe’s Cos. Inc. 20.34 50.26 23.32 41.46 25.26 245.54 23.72 27.67 24.04 24.92 11.60 12.67 20.57 530.50 119.81 74.71 46.13
TJX Cos. Inc. 24.41 23.22 28.07 29.41 20.26 17.40 14.05 12.91 7.40 6.51 6.91 8.72 6.55 23.97 24.08 23.99 26.62 13.27

Based on: 10-Q (reporting date: 2023-04-29), 10-K (reporting date: 2023-01-28), 10-Q (reporting date: 2022-10-29), 10-Q (reporting date: 2022-07-30), 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-29), 10-Q (reporting date: 2021-10-30), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-05-01), 10-K (reporting date: 2021-01-30), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-08-01), 10-Q (reporting date: 2020-05-02), 10-K (reporting date: 2020-02-01), 10-Q (reporting date: 2019-11-02), 10-Q (reporting date: 2019-08-03), 10-Q (reporting date: 2019-05-04), 10-K (reporting date: 2019-02-02), 10-Q (reporting date: 2018-11-03), 10-Q (reporting date: 2018-08-04), 10-Q (reporting date: 2018-05-05), 10-K (reporting date: 2018-02-03), 10-Q (reporting date: 2017-10-28), 10-Q (reporting date: 2017-07-29), 10-Q (reporting date: 2017-04-29).

1 Q1 2024 Calculation
Working capital turnover = (Net revenuesQ1 2024 + Net revenuesQ4 2023 + Net revenuesQ3 2023 + Net revenuesQ2 2023) ÷ Working capital
= (739,162 + 772,499 + 869,066 + 991,620) ÷ 1,624,341 = 2.08

2 Click competitor name to see calculations.

Short-term activity ratio Description The company
Working capital turnover An activity ratio calculated as revenue divided by working capital. RH working capital turnover ratio improved from Q3 2023 to Q4 2023 but then slightly deteriorated from Q4 2023 to Q1 2024.

Average Inventory Processing Period

RH, average inventory processing period calculation (quarterly data)

Microsoft Excel
Apr 29, 2023 Jan 28, 2023 Oct 29, 2022 Jul 30, 2022 Apr 30, 2022 Jan 29, 2022 Oct 30, 2021 Jul 31, 2021 May 1, 2021 Jan 30, 2021 Oct 31, 2020 Aug 1, 2020 May 2, 2020 Feb 1, 2020 Nov 2, 2019 Aug 3, 2019 May 4, 2019 Feb 2, 2019 Nov 3, 2018 Aug 4, 2018 May 5, 2018 Feb 3, 2018 Oct 28, 2017 Jul 29, 2017 Apr 29, 2017
Selected Financial Data
Inventory turnover 2.23 2.22 2.22 2.18 2.33 2.59 2.97 2.81 2.85 2.80 2.97 2.94 2.97 3.54 3.68 3.26 2.88 2.83 2.66 2.73 2.91 3.02
Short-term Activity Ratio (no. days)
Average inventory processing period1 163 165 164 167 156 141 123 130 128 130 123 124 123 103 99 112 127 129 137 134 125 121
Benchmarks (no. days)
Average Inventory Processing Period, Competitors2
Amazon.com Inc. 37 40 43 46 43 43 47 50 46 44 42 33 35 37 42 37 39 45
Home Depot Inc. 89 87 90 92 91 80 77 72 75 70 71 63 74 73 78 74 78 72
Lowe’s Cos. Inc. 111 104 113 111 116 100 96 100 106 98 100 94 104 98 102 102 112 95
TJX Cos. Inc. 65 59 86 72 72 63 74 60 68 65 72 53 65 60 79 65 65 60

Based on: 10-Q (reporting date: 2023-04-29), 10-K (reporting date: 2023-01-28), 10-Q (reporting date: 2022-10-29), 10-Q (reporting date: 2022-07-30), 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-29), 10-Q (reporting date: 2021-10-30), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-05-01), 10-K (reporting date: 2021-01-30), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-08-01), 10-Q (reporting date: 2020-05-02), 10-K (reporting date: 2020-02-01), 10-Q (reporting date: 2019-11-02), 10-Q (reporting date: 2019-08-03), 10-Q (reporting date: 2019-05-04), 10-K (reporting date: 2019-02-02), 10-Q (reporting date: 2018-11-03), 10-Q (reporting date: 2018-08-04), 10-Q (reporting date: 2018-05-05), 10-K (reporting date: 2018-02-03), 10-Q (reporting date: 2017-10-28), 10-Q (reporting date: 2017-07-29), 10-Q (reporting date: 2017-04-29).

1 Q1 2024 Calculation
Average inventory processing period = 365 ÷ Inventory turnover
= 365 ÷ 2.23 = 163

2 Click competitor name to see calculations.

Short-term activity ratio Description The company
Average inventory processing period An activity ratio equal to the number of days in the period divided by inventory turnover over the period. RH number of days of inventory outstanding deteriorated from Q3 2023 to Q4 2023 but then improved from Q4 2023 to Q1 2024 exceeding Q3 2023 level.

Average Receivable Collection Period

RH, average receivable collection period calculation (quarterly data)

Microsoft Excel
Apr 29, 2023 Jan 28, 2023 Oct 29, 2022 Jul 30, 2022 Apr 30, 2022 Jan 29, 2022 Oct 30, 2021 Jul 31, 2021 May 1, 2021 Jan 30, 2021 Oct 31, 2020 Aug 1, 2020 May 2, 2020 Feb 1, 2020 Nov 2, 2019 Aug 3, 2019 May 4, 2019 Feb 2, 2019 Nov 3, 2018 Aug 4, 2018 May 5, 2018 Feb 3, 2018 Oct 28, 2017 Jul 29, 2017 Apr 29, 2017
Selected Financial Data
Receivables turnover 55.99 60.08 63.53 69.47 58.77 64.90 60.52 58.63 53.59 47.90 45.73 45.33 51.57 54.05 58.56 58.99 52.10 62.29 58.60 60.46 63.07 77.68
Short-term Activity Ratio (no. days)
Average receivable collection period1 7 6 6 5 6 6 6 6 7 8 8 8 7 7 6 6 7 6 6 6 6 5
Benchmarks (no. days)
Average Receivable Collection Period, Competitors2
Home Depot Inc. 10 8 9 9 9 8 9 8 9 8 8 8 8 7 7 8 8 7
TJX Cos. Inc. 4 4 4 4 4 4 5 5 6 5 5 5 2 3 4 3 4 3

Based on: 10-Q (reporting date: 2023-04-29), 10-K (reporting date: 2023-01-28), 10-Q (reporting date: 2022-10-29), 10-Q (reporting date: 2022-07-30), 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-29), 10-Q (reporting date: 2021-10-30), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-05-01), 10-K (reporting date: 2021-01-30), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-08-01), 10-Q (reporting date: 2020-05-02), 10-K (reporting date: 2020-02-01), 10-Q (reporting date: 2019-11-02), 10-Q (reporting date: 2019-08-03), 10-Q (reporting date: 2019-05-04), 10-K (reporting date: 2019-02-02), 10-Q (reporting date: 2018-11-03), 10-Q (reporting date: 2018-08-04), 10-Q (reporting date: 2018-05-05), 10-K (reporting date: 2018-02-03), 10-Q (reporting date: 2017-10-28), 10-Q (reporting date: 2017-07-29), 10-Q (reporting date: 2017-04-29).

1 Q1 2024 Calculation
Average receivable collection period = 365 ÷ Receivables turnover
= 365 ÷ 55.99 = 7

2 Click competitor name to see calculations.

Short-term activity ratio Description The company
Average receivable collection period An activity ratio equal to the number of days in the period divided by receivables turnover.

Operating Cycle

RH, operating cycle calculation (quarterly data)

No. days

Microsoft Excel
Apr 29, 2023 Jan 28, 2023 Oct 29, 2022 Jul 30, 2022 Apr 30, 2022 Jan 29, 2022 Oct 30, 2021 Jul 31, 2021 May 1, 2021 Jan 30, 2021 Oct 31, 2020 Aug 1, 2020 May 2, 2020 Feb 1, 2020 Nov 2, 2019 Aug 3, 2019 May 4, 2019 Feb 2, 2019 Nov 3, 2018 Aug 4, 2018 May 5, 2018 Feb 3, 2018 Oct 28, 2017 Jul 29, 2017 Apr 29, 2017
Selected Financial Data
Average inventory processing period 163 165 164 167 156 141 123 130 128 130 123 124 123 103 99 112 127 129 137 134 125 121
Average receivable collection period 7 6 6 5 6 6 6 6 7 8 8 8 7 7 6 6 7 6 6 6 6 5
Short-term Activity Ratio
Operating cycle1 170 171 170 172 162 147 129 136 135 138 131 132 130 110 105 118 134 135 143 140 131 126
Benchmarks
Operating Cycle, Competitors2
Home Depot Inc. 99 95 99 101 100 88 86 80 84 78 79 71 82 80 85 82 86 79
TJX Cos. Inc. 69 63 90 76 76 67 79 65 74 70 77 58 67 63 83 68 69 63

Based on: 10-Q (reporting date: 2023-04-29), 10-K (reporting date: 2023-01-28), 10-Q (reporting date: 2022-10-29), 10-Q (reporting date: 2022-07-30), 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-29), 10-Q (reporting date: 2021-10-30), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-05-01), 10-K (reporting date: 2021-01-30), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-08-01), 10-Q (reporting date: 2020-05-02), 10-K (reporting date: 2020-02-01), 10-Q (reporting date: 2019-11-02), 10-Q (reporting date: 2019-08-03), 10-Q (reporting date: 2019-05-04), 10-K (reporting date: 2019-02-02), 10-Q (reporting date: 2018-11-03), 10-Q (reporting date: 2018-08-04), 10-Q (reporting date: 2018-05-05), 10-K (reporting date: 2018-02-03), 10-Q (reporting date: 2017-10-28), 10-Q (reporting date: 2017-07-29), 10-Q (reporting date: 2017-04-29).

1 Q1 2024 Calculation
Operating cycle = Average inventory processing period + Average receivable collection period
= 163 + 7 = 170

2 Click competitor name to see calculations.

Short-term activity ratio Description The company
Operating cycle Equal to average inventory processing period plus average receivables collection period.