MillerKnoll Inc

NASDAQ MLKN

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MillerKnoll Inc Accounts Payable Turnover Ratio 5 year CAGR for the Trailing 12 Months (TTM) ending February 29, 2024: 0.12%

MillerKnoll Inc Accounts Payable Turnover Ratio 5 year CAGR is 0.12% for the Trailing 12 Months (TTM) ending February 29, 2024, a 113.19% 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.
  • MillerKnoll Inc Accounts Payable Turnover Ratio for the Trailing 12 Months (TTM) ending February 28, 2023 was 3.48, a 16.14% change year over year.
  • MillerKnoll Inc Accounts Payable Turnover Ratio for the Trailing 12 Months (TTM) ending February 28, 2022 was 3.00, a -20.77% change year over year.
  • MillerKnoll Inc Accounts Payable Turnover Ratio for the Trailing 12 Months (TTM) ending February 28, 2021 was 3.78, a -0.84% change year over year.
  • MillerKnoll Inc Accounts Payable Turnover Ratio for the Trailing 12 Months (TTM) ending February 29, 2020 was 3.82, a 6.50% change year over year.
NASDAQ: MLKN

MillerKnoll Inc

CEO Ms. Andrea R. Owen
IPO Date March 26, 1990
Location United States
Headquarters 855 East Main Avenue, Zeeland, MI, United States, 49464-0302
Employees 10,900
Sector Consumer Cyclical
Industry Furnishings, fixtures & appliances
Description

MillerKnoll, Inc. researches, designs, manufactures, and distributes interior furnishings worldwide. It operates through three segments: Americas Contract, International Contract & Specialty, and Global Retail. The company also provides seating products, furniture systems, other freestanding furniture elements, textiles, leather, felt, home furnishings and related services, casegoods, storage products, as well as residential, education, and healthcare furniture solutions. It offers its products under the MillerKnoll, Herman Miller, Herman Miller Circled Symbolic M, Knoll, Maharam, Geiger, Design Within Reach, DWR, HAY, NaughtOne, Nemschoff, Aeron, Mirra, Embody, Setu, Sayl, Cosm, Caper, Eames, Knoll, KnollExtra, Knoll Luxe, KnollStudio, KnollTextiles, Edelman Leather, Spinneybeck Leather, Generation by Knoll, Regeneration by Knoll, MultiGeneration by Knoll, Remix, Holly Hunt, Vladimir Kagan, Muuto, Barcelona, and Womb names. The company offers its products through independent contract furniture dealers, direct contract sales, e-commerce websites, and wholesale and retail stores. Its products are used in institutional, health/science, and residential and other environments, and industrial and educational settings, as well as transportation terminals. The company was formerly known as Herman Miller, Inc. and changed its name to MillerKnoll, Inc. in November 2021. MillerKnoll, Inc. was incorporated in 1905 and is headquartered in Zeeland, Michigan.

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StockViz Staff

September 20, 2024

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