Michaels Companies Inc 's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the fourth quarter 2020 to a ratio of 227.57, above the company average. This is a clear sign of healthy business climate in the Specialty Retail industry and improving liquidity at their respective customers, during the fourth quarter 2020. Average collection period, for Michaels Companies Inc 's accounts receivable remained unchanged at 2 days, in the Jan 30 2021 quarter.

If we take a look into Retail sector 117 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Jan 30 2021 from 612 to 681.

What is Receivable Turnover Ratio?
What is Michaels Companies Inc Selling?

What is Receivable Turnover Ratio?

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MIK Receivables Turnover Ratio	(Jan 30 2021) IV. Quarter	(Oct 31 2020) III. Quarter	(Aug 01 2020) II. Quarter	(May 02 2020) I. Quarter	(Feb 01 2020) IV. Quarter
Y / Y Receivable Change	-53.88 %	-10.15 %	29.66 %	-35.57 %	-51.11 %
Y / Y Revenue Change	11.28 %	15.07 %	11.07 %	-26.87 %	-3.72 %
Receivable Turnover Ratio (TTM)	227.57	186.22	175.07	182.57	172.56
MIK's Total Ranking	# 681	# 612	# 612	# 67	# 69
Accounts Receivable average collection period days	2	2	2	2	2
Seq. Receivable Change	-42.06 %	-21.94 %	33.02 %	-23.34 %	12.88 %
Seq. Revenue Change	36.31 %	22.47 %	43.54 %	-53.57 %	40.96 %

Receivable Turnover Company Ranking
Within:	No.
Specialty Retail Industry	# 23
Retail Sector	# 118
Overall Market	# 681

Receivable Turnover Ratio Statistics
High	Average	Low
2.55	2.12	1.22
(Apr 30 2016)		(May 02 2020)

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

Financial Statements
Michaels Companies Inc 's Accounts Receivable	$ 14 Millions	Visit MIK's Balance sheet
Michaels Companies Inc 's Sales TTM	$ 5,271 Millions	Visit MIK's Income Statement
Sources of MIK's Revenues		Visit MIK's Sales by Geography

Other Accounts Receivable Turnover Ratios
Specialty Retail Industry Accounts Receivable Turnover Trends and Statistics
Retail Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
MIK's Receivable Turnover Ratio versus Specialty Retail Industry, Retail Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

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MIK's Valuation Ratios	MIK's Roe	MIK's Financial Strength Ratios	MIK's Dividend Payout Ratio

Companies with similar Receivables Turnover Ratio for the quarter ending Jan 30 2021, within Retail Sector	Receivable Turnover Ratio	Revenues for 12 Months ending Jan 30 2021	Receivable at quarter ending Jan 30 2021
Haverty Furniture Companies Inc	1,020.86	$ 1,030.044 Millions	$ 1.009 Millions
Ollie s Bargain Outlet Holdings Inc	975.50	$ 1,808.821 Millions	$ 1.854 Millions
Newegg Commerce Inc	750.22	$ 2,114.872 Millions	$ 2.819 Millions
Grocery Outlet Holding Corp	480.70	$ 3,134.640 Millions	$ 6.521 Millions
Buckle Inc	411.82	$ 901.278 Millions	$ 2.189 Millions
Sprouts Farmers Market Inc	390.71	$ 6,468.759 Millions	$ 16.557 Millions
Lightinthebox Holding Co Ltd	305.80	$ 398.151 Millions	$ 1.302 Millions
Vipshop Holdings Limited	288.25	$ 14,778.506 Millions	$ 51.269 Millions
Pricesmart Inc	282.32	$ 3,394.679 Millions	$ 12.024 Millions
Duluth Holdings Inc	250.28	$ 638.783 Millions	$ 2.552 Millions
Singlepoint Inc	244.95	$ 2.878 Millions	$ 0.012 Millions
Samsara Luggage Inc	234.00	$ 0.468 Millions	$ 0.002 Millions
Michaels Companies Inc	227.57	$ 5,271.112 Millions	$ 23.163 Millions
Natural Grocers By Vitamin Cottage Inc	164.96	$ 1,071.857 Millions	$ 6.498 Millions
Shoe Carnival Inc	160.66	$ 976.765 Millions	$ 6.080 Millions
Zzll Information Technology Inc	158.81	$ 4.509 Millions	$ 0.028 Millions
Casey s General Stores Inc	156.01	$ 8,141.837 Millions	$ 52.189 Millions
Cuentas Inc	139.50	$ 0.558 Millions	$ 0.004 Millions
Revolve Group Inc	135.00	$ 580.649 Millions	$ 4.301 Millions
Weis Markets inc	133.81	$ 7,124.768 Millions	$ 53.245 Millions
Signet Jewelers Limited	131.95	$ 5,225.100 Millions	$ 39.600 Millions
Albertsons Companies Inc	130.38	$ 69,354.900 Millions	$ 531.925 Millions
Monro Inc	129.12	$ 1,822.404 Millions	$ 14.114 Millions
Dillard s inc	127.86	$ 4,433.185 Millions	$ 34.674 Millions
Wayfair inc	125.96	$ 14,145.156 Millions	$ 112.299 Millions
Dick s Sporting Goods inc	125.26	$ 9,584.019 Millions	$ 76.512 Millions
Burlington Stores Inc	116.73	$ 5,763.980 Millions	$ 49.380 Millions
Western Capital Resources Inc	113.49	$ 147.763 Millions	$ 1.302 Millions
Ross Stores Inc	112.12	$ 12,614.978 Millions	$ 112.517 Millions
Costco Wholesale Corp	103.38	$ 172,929.000 Millions	$ 1,672.750 Millions

Date modified: 2026-09-08T15:10:11+00:00

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