Village Super Market Inc 's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the third quarter 2024 to a ratio of
135.7, above the company average. This is a clear sign of healthy business climate in the Grocery Stores industry and improving liquidity at their respective customers, during the third quarter 2024. Average receivable collection period, for the Village Super Market Inc in Apr 27 2024 quarter, has decreased to 3 days, compared to 4 days, in the Jan 27 2024 quarter.
If we take a look into
Retail sector 30 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to
107, from overall ranking in the second quarter 2024 at
110.
What is Receivable Turnover Ratio?
What is Village Super Market Inc Selling?
What is Receivable Turnover Ratio?
