Rite Aid Corp's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the second quarter 2024 to a ratio of 17.11, this is below the company average, and notable indication of worsening business environment. Average collection period, for Rite Aid's accounts receivable remained unchanged at 21 days, in the Sep 02 2023 quarter.

If we take a look into Retail sector 131 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Sep 02 2023 from 70 to 869.

What is Receivable Turnover Ratio?
What is Rite Aid Corp Selling?

What is Receivable Turnover Ratio?

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RAD Receivables Turnover Ratio	(Sep 02 2023) II. Quarter	(Jun 03 2023) I. Quarter	(Mar 04 2023) IV. Quarter	(Nov 26 2022) III. Quarter	(Aug 27 2022) II. Quarter
Y / Y Receivable Change	-5.86 %	-3.96 %	-14.41 %	-20.08 %	-5.9 %
Y / Y Revenue Change	-4.32 %	-6.01 %	0.45 %	-2.34 %	-3.47 %
Receivable Turnover Ratio (TTM)	17.11	17.01	17.09	16.51	15.61
RAD's Total Ranking	# 869	# 70	# 579	# 34	# 16
Accounts Receivable average collection period days	21	21	21	22	23
Seq. Receivable Change	5.77 %	21.08 %	-21.98 %	-5.78 %	7.91 %
Seq. Revenue Change	-0.13 %	-7.22 %	0.16 %	3.09 %	-1.89 %

Receivable Turnover Company Ranking
Within:	No.
Pharmacy Services & Retail Drugstore Industry	# 8
Retail Sector	# 132
Overall Market	# 869

Receivable Turnover Ratio Statistics
High	Average	Low
28.34	18.36	11.32
(Mar 01 2014)		(Sep 01 2018)

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

Financial Statements
Rite Aid's Accounts Receivable	$ 1,473 Millions	Visit RAD's Balance sheet
Rite Aid's Sales TTM	$ 23,475 Millions	Visit RAD's Income Statement
Sources of RAD's Revenues		Visit RAD's Sales by Geography

Other Accounts Receivable Turnover Ratios
Pharmacy Services & Retail Drugstore Industry Accounts Receivable Turnover Trends and Statistics
Retail Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
RAD's Receivable Turnover Ratio versus Pharmacy Services & Retail Drugstore Industry, Retail Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

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RAD's Growth Rates	RAD's Roa	RAD's Inventory Turnover Ratio	RAD's Dividend Comparisons
RAD's Profitability Ratios	RAD's Roi	RAD's Asset Turnover Ratio	RAD's Dividend Growth
RAD's Valuation Ratios	RAD's Roe	RAD's Financial Strength Ratios	RAD's Dividend Payout Ratio

Companies with similar Receivables Turnover Ratio for the quarter ending Sep 02 2023, within Retail Sector	Receivable Turnover Ratio	Revenues for 12 Months ending Sep 02 2023	Receivable at quarter ending Sep 02 2023
Lazydays Holdings Inc	43.30	$ 1,128.208 Millions	$ 26.056 Millions
O Reilly Automotive Inc	42.70	$ 15,623.402 Millions	$ 365.890 Millions
Lands End Inc	42.41	$ 1,486.351 Millions	$ 35.051 Millions
Bath and Body Works Inc	41.08	$ 7,405.000 Millions	$ 180.250 Millions
Home Depot inc	40.19	$ 153,714.000 Millions	$ 3,824.500 Millions
The Children s Place inc	40.06	$ 1,602.578 Millions	$ 40.007 Millions
Zumiez Inc	39.59	$ 872.879 Millions	$ 22.050 Millions
Digital Brands Group Inc	39.02	$ 15.510 Millions	$ 0.397 Millions
Abercrombie and Fitch Co	38.36	$ 4,027.584 Millions	$ 105.004 Millions
Unrivaled Brands Inc	37.31	$ 29.110 Millions	$ 0.780 Millions
Autozone Inc	37.15	$ 18,715.022 Millions	$ 503.731 Millions
Amcon Distributing Co	36.57	$ 2,539.845 Millions	$ 69.443 Millions
Carvana Co	35.85	$ 11,184.000 Millions	$ 312.000 Millions
Leslie s Inc	35.82	$ 1,450.223 Millions	$ 40.486 Millions
Addvantage Technologies Group Inc	35.77	$ 55.385 Millions	$ 1.548 Millions
Eplus Inc	35.57	$ 2,277.439 Millions	$ 64.021 Millions
Pool Corporation	35.45	$ 5,634.464 Millions	$ 158.938 Millions
Autonation Inc	34.72	$ 26,878.500 Millions	$ 774.200 Millions
Build a bear Workshop Inc	34.50	$ 480.429 Millions	$ 13.927 Millions
Sonic Automotive Inc	34.45	$ 14,377.900 Millions	$ 417.325 Millions
Lithia Motors Inc	34.25	$ 30,307.700 Millions	$ 885.025 Millions
Designer Brands Inc	32.24	$ 3,081.174 Millions	$ 95.570 Millions
Penske Automotive Group Inc	31.84	$ 29,266.700 Millions	$ 919.075 Millions
Nu Skin Enterprises Inc	31.81	$ 2,002.326 Millions	$ 62.946 Millions
Rush Enterprises Inc	31.74	$ 7,778.500 Millions	$ 245.100 Millions
United Natural Foods inc	29.55	$ 30,292.000 Millions	$ 1,025.250 Millions
Growgeneration Corp	29.09	$ 229.608 Millions	$ 7.893 Millions
Charles and Colvard Ltd	28.65	$ 27.525 Millions	$ 0.961 Millions
Marinemax Inc	27.52	$ 2,394.329 Millions	$ 86.999 Millions
Party City Holdco Inc	26.50	$ 2,002.344 Millions	$ 75.563 Millions

Date modified: 2026-10-07T00:41:51+00:00

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