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 15 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 72, from overall ranking in the third quarter 2020 at 612.

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 %	-3.93 %	70.25 %	-27.53 %	-46.9 %
Y / Y Revenue Change	11.28 %	15.07 %	11.07 %	-26.87 %	-3.72 %
Receivable Turnover Ratio (TTM)	227.57	186.22	177.84	196.56	191.21
MIK's Total Ranking	# 72	# 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 %	20.69 %
Seq. Revenue Change	36.31 %	22.47 %	43.54 %	-53.57 %	40.96 %

Receivable Turnover Company Ranking
Within:	No.
Specialty Retail Industry	# 6
Retail Sector	# 16
Overall Market	# 72

Receivable Turnover Ratio Statistics
High	Average	Low
264.5	153.79	106.52
(Jan 30 2016)		(May 04 2019)

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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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
Sportsman s Warehouse Holdings Inc	861.71	$ 1,451.767 Millions	$ 1.685 Millions
Dollar General Corp	528.81	$ 33,746.839 Millions	$ 63.817 Millions
Buckle Inc	411.82	$ 901.278 Millions	$ 2.189 Millions
Ezcorp Inc	391.10	$ 742.504 Millions	$ 1.899 Millions
Sprouts Farmers Market Inc	390.71	$ 6,468.759 Millions	$ 16.557 Millions
Pricesmart Inc	282.32	$ 3,394.679 Millions	$ 12.024 Millions
Grocery Outlet Holding Corp	262.93	$ 3,134.640 Millions	$ 11.922 Millions
Firstcash Holdings Inc	246.84	$ 1,631.284 Millions	$ 6.609 Millions
Singlepoint Inc	244.95	$ 2.878 Millions	$ 0.012 Millions
Village Super Market Inc	242.72	$ 1,972.724 Millions	$ 8.128 Millions
Samsara Luggage Inc	234.00	$ 0.468 Millions	$ 0.002 Millions
Michaels Companies Inc	227.57	$ 5,271.112 Millions	$ 23.163 Millions
Floor and Decor Holdings Inc	180.72	$ 2,425.788 Millions	$ 13.423 Millions
Kaixin Holdings	180.71	$ 33.160 Millions	$ 0.184 Millions
Birks Group Inc	175.56	$ 169.420 Millions	$ 0.965 Millions
Natural Grocers By Vitamin Cottage Inc	164.96	$ 1,071.857 Millions	$ 6.498 Millions
Vipshop Holdings Limited	152.47	$ 15,610.497 Millions	$ 102.386 Millions
Duluth Holdings Inc	145.69	$ 638.783 Millions	$ 4.385 Millions
Shoe Carnival Inc	136.18	$ 976.765 Millions	$ 7.173 Millions
Casey s General Stores Inc	134.83	$ 8,141.837 Millions	$ 60.385 Millions
Weis Markets inc	133.81	$ 7,124.768 Millions	$ 53.245 Millions
Albertsons Companies Inc	130.38	$ 69,354.900 Millions	$ 531.925 Millions
Kohl s Corp	129.19	$ 15,955.000 Millions	$ 123.500 Millions
Wayfair inc	125.96	$ 14,145.156 Millions	$ 112.299 Millions
Burlington Stores Inc	116.73	$ 5,763.980 Millions	$ 49.380 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
Dick s Sporting Goods inc	100.51	$ 9,584.019 Millions	$ 95.352 Millions

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

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