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Starbucks Corporation  (SBUX)
Other Ticker:  
 
    Sector  Services    Industry Restaurants
   Industry Restaurants
   Sector  Services
 

Starbucks Accounts Receivables Turnover Ratio from the second quarter 2024 to the second quarter 2023

Quarterly Results, Trends, Rankings, Statistics


Starbucks Corporation's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the second quarter 2024 to a ratio of 31.77, this is below the company average, and notable indication of worsening business environment. Average receivable collection period, for the Starbucks in Mar 31 2024 quarter, has decreased to 11 days, compared to 12 days, in the Dec 31 2023 quarter.

If we take a look into Services sector 73 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 333, from overall ranking in the first quarter 2024 at 497.

What is Receivable Turnover Ratio?
What is Starbucks Corporation Selling?


What is Receivable Turnover Ratio?




SBUX Receivables Turnover Ratio (Mar 31 2024)
II. Quarter
(Dec 31 2023)
I. Quarter
(Oct 01 2023)
IV. Quarter
(Jul 02 2023)
III. Quarter
(Apr 02 2023)
II. Quarter
Y / Y Receivable Change -6.37 % 0.19 % 0.73 % -0.51 % 18.36 %
Y / Y Revenue Change -1.8 % 8.16 % 11.4 % 12.49 % 14.2 %
Receivable Turnover Ratio (TTM) 31.77 31.39 30.79 30.03 29.12
SBUX's Total Ranking # 333 # 497 # 358 # 515 # 330
Average receivable collection period 11 12 12 12 13
Seq. Receivable Change -4.7 % -1.6 % 3.85 % -3.85 % 1.97 %
Seq. Revenue Change -9.15 % 0.55 % 2.24 % 5.14 % 0.07 %


Receivable Turnover Company Ranking
Within: No.
Restaurants Industry # 28
Services Sector # 74
Overall Market # 333

Receivable Turnover Ratio Statistics
High Average Low
113.09 33.8 25.79
(Dec. 31, 2011)   (Dec 27 2020)






Financial Statements
Starbucks's Accounts Receivable $ 1,110 Millions Visit SBUX's Balance sheet
Starbucks's Sales TTM $ 36,530 Millions Visit SBUX's Income Statement
Where are SBUX's Sales coming from? Visit SBUX's Sales by Geography

Other Accounts Receivable Turnover Ratios
Restaurants Industry Accounts Receivable Turnover Trends and Statistics
Services Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
SBUX's Receivable Turnover Ratio versus Restaurants Industry, Services Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover
Accounts Receivable Turnover for SBUX's Competitors
Receivables Turnover Ratio for SBUX's Suppliers
Accounts Receivables Turnover Ratio for SBUX's Customers

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



Companies with similar Receivables Turnover Ratio for the quarter ending Mar 31 2024, within Services Sector Receivable Turnover Ratio Revenues for 12 Months ending Mar 31 2024 Receivable at quarter ending Mar 31 2024
New England Realty Associates Limited Partnership  87.17 $ 76.683  Millions$ 0.880  Millions
Red Robin Gourmet Burgers inc   84.79 $ 1,273.619  Millions$ 15.021  Millions
Cracker Barrel Old Country Store Inc   83.88 $ 3,413.107  Millions$ 40.690  Millions
Cava Group Inc   81.99 $ 987.706  Millions$ 12.047  Millions
Vacasa Inc   81.57 $ 1,070.568  Millions$ 13.125  Millions
Jacksam Corporation  77.76 $ 1.123  Millions$ 0.014  Millions
El Pollo Loco Holdings Inc   76.59 $ 803.742  Millions$ 10.494  Millions
Life Time Group Holdings Inc   76.54 $ 2,302.459  Millions$ 30.083  Millions
Cannae Holdings Inc   75.36 $ 561.400  Millions$ 7.450  Millions
Shake Shack Inc   74.18 $ 1,054.116  Millions$ 14.211  Millions
Brinker International Inc   71.58 $ 4,282.400  Millions$ 59.825  Millions
Vodafone Group Public Ltd Co  64.64 $ 41,123.040  Millions$ 636.160  Millions
Golden Entertainment Inc   64.16 $ 996.505  Millions$ 15.531  Millions
Bab Inc  62.86 $ 4.346  Millions$ 0.069  Millions
Ezagoo Limited  62.39 $ 0.134  Millions$ 0.002  Millions
Potbelly Corporation  59.58 $ 484.292  Millions$ 8.128  Millions
Playa Hotels and Resorts N v   58.38 $ 1,004.337  Millions$ 17.202  Millions
Texas Roadhouse inc   56.40 $ 4,778.533  Millions$ 84.721  Millions
Dave and Buster s Entertainment Inc   54.39 $ 2,196.100  Millions$ 40.375  Millions
Marcus and Millichap Inc   54.34 $ 620.239  Millions$ 11.414  Millions
Canterbury Park Holding Corp  52.95 $ 62.235  Millions$ 1.175  Millions
Portillos Inc   50.08 $ 689.675  Millions$ 13.772  Millions
Advanced Oxygen Technologies Inc   48.93 $ 0.043  Millions$ 0.001  Millions
Cimpress Plc  48.02 $ 3,248.091  Millions$ 67.634  Millions
Anywhere Real Estate Inc   45.78 $ 5,631.000  Millions$ 123.000  Millions
Carnival Corporation  42.30 $ 22,567.000  Millions$ 533.500  Millions
Hudson Pacific Properties Inc   42.10 $ 914.057  Millions$ 21.710  Millions
Full House Resorts Inc  42.09 $ 260.878  Millions$ 6.198  Millions
Ark Restaurants Corp   41.59 $ 185.195  Millions$ 4.453  Millions
Wingstop Inc   40.79 $ 497.123  Millions$ 12.187  Millions

Date modified: 2024-05-01T13:50:43+00:00



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