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La z boy Incorporated  (LZB)
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La Z Boy Incorporated Accounts Receivables Turnover Ratio from the third quarter 2024 to the third quarter 2023

Quarterly Results, Trends, Rankings, Statistics


La Z Boy Incorporated's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the third quarter 2024 to a ratio of 16.75, this represents a new company high. This is a clear indication for improving liquidity at La Z Boy Incorporated's clients. Average collection period, for La Z Boy Incorporated's accounts receivable remained unchanged at 22 days, in the Jan 27 2024 quarter.

If we take a look into Consumer Discretionary sector 26 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Jan 27 2024 from 219 to 470.

What is Receivable Turnover Ratio?
What is La Z Boy Incorporated Selling?


What is Receivable Turnover Ratio?




LZB Receivables Turnover Ratio (Jan 27 2024)
III. Quarter
(Oct 28 2023)
II. Quarter
(Jul 29 2023)
I. Quarter
(Apr 29 2023)
IV. Quarter
(Jan 28 2023)
III. Quarter
Y / Y Receivable Change -13.23 % -16.02 % -28.95 % -31.68 % -15.6 %
Y / Y Revenue Change -12.65 % -16.48 % -20.42 % -18.01 % 0.2 %
Receivable Turnover Ratio (TTM) 16.75 16.72 16.67 16.23 15.52
LZB's Total Ranking # 470 # 219 # 654 # 705 # 716
Average receivable collection period 22 22 22 22 24
Seq. Receivable Change -11.17 % 21.23 % -11.69 % -8.76 % -14.02 %
Seq. Revenue Change -2.03 % 6.21 % -14.35 % -2 % -6.32 %


Receivable Turnover Company Ranking
Within: No.
Furniture & Fixtures Industry # 7
Consumer Discretionary Sector # 27
Overall Market # 470

Receivable Turnover Ratio Statistics
High Average Low
16.75 12.24 9
(Jan 27 2024)   (March 31, 2014)






Financial Statements
La Z Boy Incorporated's Accounts Receivable $ 119 Millions Visit LZB's Balance sheet
La Z Boy Incorporated's Sales TTM $ 2,053 Millions Visit LZB's Income Statement
Where are LZB's Sales coming from? Visit LZB's Sales by Geography

Other Accounts Receivable Turnover Ratios
Furniture & Fixtures Industry Accounts Receivable Turnover Trends and Statistics
Consumer Discretionary Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
LZB's Receivable Turnover Ratio versus Furniture & Fixtures Industry, Consumer Discretionary Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover
Accounts Receivable Turnover for LZB's Competitors
Receivables Turnover Ratio for LZB's Suppliers
Accounts Receivables Turnover Ratio for LZB's Customers

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



Companies with similar Receivables Turnover Ratio for the quarter ending Jan 27 2024, within Consumer Discretionary Sector Receivable Turnover Ratio Revenues for 12 Months ending Jan 27 2024 Receivable at quarter ending Jan 27 2024
Allbirds Inc   42.24 $ 253.232  Millions$ 5.995  Millions
Jerash Holdings us Inc   40.13 $ 119.387  Millions$ 2.975  Millions
Shyft Group Inc   39.07 $ 871.358  Millions$ 22.301  Millions
Container Store Group Inc   34.74 $ 905.222  Millions$ 26.059  Millions
Tesla Inc   31.05 $ 96,773.000  Millions$ 3,117.000  Millions
Tapestry Inc   27.95 $ 6,726.900  Millions$ 240.675  Millions
Icahn Enterprises l p   25.52 $ 15,395.000  Millions$ 603.250  Millions
Bwx Technologies Inc   25.42 $ 2,496.309  Millions$ 98.204  Millions
Crown Crafts Inc  24.68 $ 86.495  Millions$ 3.504  Millions
Peloton Interactive Inc   24.46 $ 2,729.200  Millions$ 111.575  Millions
Lucid Group Inc   24.21 $ 595.271  Millions$ 24.586  Millions
Carter s Inc  23.03 $ 4,495.253  Millions$ 195.225  Millions
Luvu Brands Inc   22.40 $ 27.243  Millions$ 1.216  Millions
Bassett Furniture Industries Incorporated  21.24 $ 389.488  Millions$ 18.341  Millions
Universal Security Instruments Inc  20.93 $ 20.999  Millions$ 1.004  Millions
Rivian Automotive Inc   19.77 $ 4,434.000  Millions$ 224.250  Millions
Solo Brands Inc   17.23 $ 494.152  Millions$ 28.685  Millions
Wesco International Inc   17.20 $ 22,385.200  Millions$ 1,301.575  Millions
La z boy Incorporated  16.75 $ 2,052.874  Millions$ 122.543  Millions
Patrick Industries Inc   15.98 $ 3,467.233  Millions$ 216.976  Millions
Capri Holdings Ltd  15.19 $ 5,282.000  Millions$ 347.750  Millions
Volcon Inc   15.14 $ 5.124  Millions$ 0.338  Millions
Yeti Holdings inc   14.71 $ 1,658.186  Millions$ 112.713  Millions
Ralph Lauren Corporation  14.25 $ 6,604.300  Millions$ 463.550  Millions
Irobot Corporation  13.98 $ 890.580  Millions$ 63.699  Millions
Lci Industries  12.69 $ 3,784.808  Millions$ 298.332  Millions
Topgolf Callaway Brands Corp   12.63 $ 4,284.800  Millions$ 339.275  Millions
Holley Inc   12.61 $ 659.089  Millions$ 52.277  Millions
Kontoor Brands Inc   12.06 $ 2,607.472  Millions$ 216.134  Millions
Whirlpool Corp  11.68 $ 19,455.000  Millions$ 1,665.250  Millions

Date modified: 2024-02-21T14:51:46+00:00



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