Golden Enterprises Inc Receivables Turnover Ratio (GLDC), from the fourth quarter 2016 to the fourth quarter 2015 current and historic results, rankings and more - CSIMarket
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• Sales per Employee
• Income per Employee
• Inventory Turnover
• Asset Turnover
• Receivables Turnover
Golden Enterprises Inc  (GLDC)
 

Golden Enterprises Inc Accounts Receivables Turnover Ratio from the fourth quarter 2016 to the fourth quarter 2015

Quarterly Results, Trends, Rankings, Statistics


Golden Enterprises Inc's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the fourth quarter 2016 to a ratio of 12.81, above the company average. This is a clear sign of healthy business climate in the Food Processing industry and improving liquidity at their respective customers, during the fourth quarter 2016. Average receivable collection period, for the Golden Enterprises Inc in Jun 03 2016 quarter, has decreased to 28 days, compared to 29 days, in the Mar 04 2016 quarter.

If we take a look into Consumer Non Cyclical sector 45 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Jun 03 2016 from 889 to 1011.

What is Receivable Turnover Ratio?
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What is Receivable Turnover Ratio?




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GLDC Receivables Turnover Ratio (Jun 03 2016)
IV. Quarter		 (Mar 04 2016)
III. Quarter		 (Nov 27 2015)
II. Quarter		 (Aug 28 2015)
I. Quarter		 (May 29 2015)
IV. Quarter
Y / Y Receivable Change -2.27 % 1.03 % -8.2 % -5.39 % -2.32 %
Y / Y Revenue Change 2.66 % 11.63 % -0.1 % -1.15 % -3.07 %
Receivable Turnover Ratio (TTM) 12.81 12.65 12.34 12.09 11.96
GLDC's Total Ranking # 1011 # 889 # 915 # 112 # 122
Accounts Receivable average collection period days 28 29 30 30 31
Seq. Receivable Change 7.63 % 8.66 % -6.2 % -10.92 % 11.27 %
Seq. Revenue Change -0.66 % 9.96 % -5.14 % -0.93 % 8.02 %


Receivable Turnover Company Ranking
Within: No.
Food Processing Industry # 21
Consumer Non Cyclical Sector # 46
Overall Market # 1011

Receivable Turnover Ratio Statistics
High Average Low
13.12 12.38 11.79
(May 31 2013)   (May 29 2015)





GLDC Company Profile • Back to GLDC Efficiency Comparisons • Compare GLDC Receivables Turnover Ratio to its Competitors

Financial Statements
Golden Enterprises Inc's Accounts Receivable $ 11 Millions Visit GLDC's Balance sheet
Golden Enterprises Inc's Sales TTM $ 136 Millions Visit GLDC's Income Statement
Sources of GLDC's Revenues Visit GLDC's Sales by Geography

Other Accounts Receivable Turnover Ratios
Food Processing Industry Accounts Receivable Turnover Trends and Statistics
Consumer Non Cyclical Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
GLDC's Receivable Turnover Ratio versus Food Processing Industry, Consumer Non Cyclical Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

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



Companies with similar Receivables Turnover Ratio for the quarter ending Jun 03 2016, within Consumer Non Cyclical Sector Receivable Turnover Ratio Revenues for 12 Months ending Jun 03 2016 Receivable at quarter ending Jun 03 2016
Archer daniels midland Co  31.15 $ 63,023.000  Millions$ 2,023.000  Millions
Cvr Partners Lp  30.69 $ 308.218  Millions$ 10.044  Millions
Healthier Choices Management Corp   29.63 $ 9.055  Millions$ 0.306  Millions
American Cannabis Company Inc   27.54 $ 2.872  Millions$ 0.104  Millions
Pilgrim s Pride Corporation  27.41 $ 9,658.277  Millions$ 352.333  Millions
Coca cola Consolidated Inc   26.08 $ 2,704.362  Millions$ 103.708  Millions
Educational Development Corporation  25.21 $ 76.765  Millions$ 3.045  Millions
Molson Coors Beverage Company  24.58 $ 5,049.000  Millions$ 205.405  Millions
Philip Morris International Inc   24.19 $ 73,622.000  Millions$ 3,043.500  Millions
Tyson Foods Inc   24.15 $ 38,231.000  Millions$ 1,583.000  Millions
Kraft Heinz Co  23.46 $ 26,607.000  Millions$ 1,134.250  Millions
Bunge Global Sa  23.10 $ 41,324.000  Millions$ 1,789.000  Millions
Sanderson Farms Inc  22.75 $ 2,704.838  Millions$ 118.890  Millions
Cf Industries Holdings inc   21.77 $ 4,181.200  Millions$ 192.050  Millions
Andersons Inc   20.40 $ 4,044.689  Millions$ 198.226  Millions
Yew Bio pharm Group Inc   17.89 $ 46.945  Millions$ 2.624  Millions
Smithfield Foods Inc   17.89 $ 14,134.200  Millions$ 790.250  Millions
Seneca Foods Corporation  17.84 $ 1,321.237  Millions$ 74.069  Millions
B and g Foods inc   17.55 $ 1,214.945  Millions$ 69.239  Millions
The Marzetti Company  17.46 $ 1,191.109  Millions$ 68.203  Millions
South Dakota Soybean Processors Llc  16.98 $ 360.183  Millions$ 21.215  Millions
Cal maine Foods Inc   16.41 $ 1,908.650  Millions$ 116.279  Millions
Tingo Group Inc   16.14 $ 25.364  Millions$ 1.572  Millions
Freshpet Inc   16.13 $ 125.228  Millions$ 7.765  Millions
Hormel Foods Corporation  15.99 $ 9,296.141  Millions$ 581.199  Millions
Cea Industries Inc   15.94 $ 9.706  Millions$ 0.609  Millions
Treehouse Foods Inc   15.72 $ 4,475.614  Millions$ 284.759  Millions
Conagra Brands Inc   15.71 $ 12,078.500  Millions$ 769.000  Millions
Synutra International, Inc.  15.61 $ 360.575  Millions$ 23.099  Millions
Lifeway Foods Inc   15.46 $ 117.913  Millions$ 7.625  Millions

Date modified: 2026-09-08T15:08:27+00:00



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