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Aramark  (ARMK)
Other Ticker:  
 
    Sector  Services    Industry Restaurants
   Industry Restaurants
   Sector  Services
 

Aramark Accounts Receivables Turnover Ratio from the first quarter 2024 to the first quarter 2023

Quarterly Results, Trends, Rankings, Statistics


Aramark's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the first quarter 2024 to a ratio of 8.01, this is below the company average, and notable indication of worsening business environment. Average collection period, for Aramark's accounts receivable remained unchanged at 46 days, in the Dec 29 2023 quarter.

If we take a look into Services sector 25 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 129, from overall ranking in the forth quarter 2023 at 1571.

What is Receivable Turnover Ratio?
What is Aramark Selling?


What is Receivable Turnover Ratio?




ARMK Receivables Turnover Ratio (Dec 29 2023)
I. Quarter
(Sep 29 2023)
IV. Quarter
(Jun 30 2023)
III. Quarter
(Mar 31 2023)
II. Quarter
(Dec 30 2022)
I. Quarter
Y / Y Receivable Change -4.39 % 10.04 % 17.23 % 18.33 % 21.25 %
Y / Y Revenue Change -4.2 % 11.64 % 15.07 % 19.21 % 16.53 %
Receivable Turnover Ratio (TTM) 8.01 8 7.97 8.01 8
ARMK's Total Ranking # 129 # 1571 # 1639 # 706 # 429
Average receivable collection period 46 46 46 46 46
Seq. Receivable Change -6.98 % -1.75 % 2.22 % 2.34 % 7.07 %
Seq. Revenue Change -10.07 % 3.21 % 3.2 % 0.02 % 4.8 %


Receivable Turnover Company Ranking
Within: No.
Restaurants Industry # 7
Services Sector # 26
Overall Market # 129

Receivable Turnover Ratio Statistics
High Average Low
9.86 8.58 6.95
(June 30. 2016)   (Apr 02 2021)






Financial Statements
Aramark's Accounts Receivable $ 2,199 Millions Visit ARMK's Balance sheet
Aramark's Sales TTM $ 18,661 Millions Visit ARMK's Income Statement
Where are ARMK's Sales coming from? Visit ARMK's Sales by Geography

Other Accounts Receivable Turnover Ratios
Restaurants Industry Accounts Receivable Turnover Trends and Statistics
Services Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
ARMK's Receivable Turnover Ratio versus Restaurants Industry, Services Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover
Accounts Receivable Turnover for ARMK's Competitors
Receivables Turnover Ratio for ARMK's Suppliers
Accounts Receivables Turnover Ratio for ARMK's Customers

You may also want to know
ARMK's Growth Rates ARMK's Roa ARMK's Inventory Turnover Ratio ARMK's Dividend Comparisons
ARMK's Profitability Ratios ARMK's Roi ARMK's Asset Turnover Ratio ARMK's Dividend Growth
ARMK's Valuation Ratios ARMK's Roe ARMK's Financial Strength Ratios ARMK's Dividend Payout Ratio



Companies with similar Receivables Turnover Ratio for the quarter ending Dec 29 2023, within Services Sector Receivable Turnover Ratio Revenues for 12 Months ending Dec 29 2023 Receivable at quarter ending Dec 29 2023
Denny s Corporation  23.12 $ 463.922  Millions$ 20.063  Millions
Penn Entertainment Inc   22.69 $ 6,362.900  Millions$ 280.400  Millions
Cable One Inc   22.30 $ 1,678.081  Millions$ 75.266  Millions
Cedar Fair L p   22.24 $ 1,798.668  Millions$ 80.883  Millions
Bgsf Inc   21.99 $ 313.167  Millions$ 14.242  Millions
Nerdy Inc   21.91 $ 192.447  Millions$ 8.785  Millions
Zillow Group Inc   21.73 $ 1,945.000  Millions$ 89.500  Millions
Planet Fitness inc   21.69 $ 1,071.326  Millions$ 49.400  Millions
Universal Technical Institute Inc  21.64 $ 662.099  Millions$ 30.596  Millions
Papa John s International Inc   20.93 $ 2,135.713  Millions$ 102.048  Millions
Caesars Entertainment inc   20.66 $ 11,528.000  Millions$ 558.000  Millions
Park Hotels and Resorts Inc   20.56 $ 2,698.000  Millions$ 131.250  Millions
Doordash Inc   20.14 $ 8,635.000  Millions$ 428.750  Millions
Jack In The Box Inc   19.31 $ 1,652.708  Millions$ 85.591  Millions
Fat Brands Inc   19.00 $ 480.457  Millions$ 25.291  Millions
Charter Communications Inc   18.81 $ 54,607.000  Millions$ 2,903.000  Millions
Regis Corp  18.65 $ 215.913  Millions$ 11.578  Millions
Gatx Corporation  18.57 $ 1,410.900  Millions$ 75.975  Millions
H and r Block Inc   18.20 $ 3,488.678  Millions$ 191.730  Millions
Monarch Casino and Resort inc  17.93 $ 212.152  Millions$ 11.829  Millions
Sirius Xm Holdings Inc   17.89 $ 8,953.000  Millions$ 500.500  Millions
Mgm Resorts International  17.81 $ 16,164.249  Millions$ 907.767  Millions
Rush Street Interactive Inc   17.69 $ 691.161  Millions$ 39.060  Millions
Redfin Corporation  17.52 $ 975.819  Millions$ 55.688  Millions
The Wendy s Company  16.20 $ 2,181.578  Millions$ 134.670  Millions
Butler National Corp  16.16 $ 75.835  Millions$ 4.693  Millions
Nuvera Communications Inc   15.67 $ 65.792  Millions$ 4.198  Millions
Payoneer Global Inc   15.61 $ 831.103  Millions$ 53.246  Millions
Host Hotels and Resorts Inc   15.57 $ 5,311.000  Millions$ 341.000  Millions
Biglari Holdings Inc   14.96 $ 365.318  Millions$ 24.413  Millions

Date modified: 2024-02-06T23:30:45+00:00



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