Conns Inc

NASDAQ CONN

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Conns Inc Accounts Payable Turnover Ratio 5 year CAGR for the Trailing 12 Months (TTM) ending January 31, 2024: -4.14%

Conns Inc Accounts Payable Turnover Ratio 5 year CAGR is -4.14% for the Trailing 12 Months (TTM) ending January 31, 2024, a -322.06% change year over year. The accounts payable turnover ratio measures the number of times a company pays off its accounts payable during a specific period. It is calculated by dividing the company's revenue by its accounts payable. This ratio indicates how efficiently a company manages its outstanding payments to suppliers and vendors. A higher turnover ratio suggests that the company is paying off its obligations quickly, while a lower ratio may indicate a slower payment process or potential liquidity issues. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.

Conns Inc Accounts Payable Turnover Ratio for the Trailing 12 Months (TTM) ending January 31, 2023 was 4.47, a -11.14% change year over year.
Conns Inc Accounts Payable Turnover Ratio for the Trailing 12 Months (TTM) ending January 31, 2022 was 5.04, a -2.98% change year over year.
Conns Inc Accounts Payable Turnover Ratio for the Trailing 12 Months (TTM) ending January 31, 2021 was 5.19, a -15.46% change year over year.
Conns Inc Accounts Payable Turnover Ratio for the Trailing 12 Months (TTM) ending January 31, 2020 was 6.14, a 33.80% change year over year.

NASDAQ: CONN

Conns Inc

CEO	Mr. Norman L. Miller
IPO Date	Nov. 25, 2003
Location	United States
Headquarters	2445 Technology Forest Boulevard, The Woodlands, TX, United States, 77381
Employees	4,500
Sector	Consumer Cyclical
Industry	Specialty retail

Description

Conn's, Inc. operates as a specialty retailer of durable consumer goods and related services in the United States. It operates in two segments, Retail and Credit. The company's stores offer home appliances, such as refrigerators, freezers, washers, dryers, dishwashers, and ranges; and furniture and mattress, including furniture and related accessories for the living room, dining room, and bedroom, as well as flat and other mattresses. Its stores also provide consumer electronics comprising LED, OLED, QLED, 4K Ultra HD, 8K televisions, home theater audio, video game consoles, arcade gaming products, and portable audio equipment; and home office products, including computers, tablets, monitors, and accessories. In addition, the company offers short- and medium-term financing to its retail customers; and product support services, which comprise delivery and installation services, credit insurance products, product repair services, and repair service agreements. It operates retail locations in Alabama, Arizona, Colorado, Florida, Georgia, Louisiana, Mississippi, Nevada, New Mexico, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, and Virginia. The company was founded in 1890 and is headquartered in The Woodlands, Texas.

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