Vital Farms Inc

NASDAQ VITL

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Vital Farms Inc Accounts Receivable Turnover Ratio 5 year CAGR for the quarter ending March 31, 2024

Vital Farms Inc Accounts Receivable Turnover Ratio 5 year CAGR is NA for the quarter ending March 31, 2024. The accounts receivable turnover ratio measures the efficiency of a company in collecting payments from its customers. It is calculated by dividing the company's revenue by its accounts receivable. This ratio provides insight into how quickly a company collects outstanding funds owed to it. A higher turnover ratio implies that the company efficiently converts credit sales into cash, while a lower ratio may indicate delays in collecting payments or potential issues with credit management. 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.
  • Vital Farms Inc Accounts Receivable Turnover Ratio for the quarter ending March 31, 2023 was 2.96, a -0.79% change year over year.
  • Vital Farms Inc Accounts Receivable Turnover Ratio for the quarter ending March 31, 2022 was 2.99, a 3.42% change year over year.
  • Vital Farms Inc Accounts Receivable Turnover Ratio for the quarter ending March 31, 2021 was 2.89, a 23.75% change year over year.
  • Vital Farms Inc Accounts Receivable Turnover Ratio for the quarter ending March 31, 2020 was 2.33.
NASDAQ: VITL

Vital Farms Inc

CEO Mr. Matthew O'Hayer
IPO Date July 31, 2020
Location United States
Headquarters 3601 South Congress Avenue, Austin, TX, United States, 78704
Employees 447
Sector Consumer Defensive
Industry Farm products
Description

Vital Farms, Inc., a food company, provides pasture-raised products in the United States. It offers shell eggs, butter, hard-boiled eggs, and liquid whole eggs. The company was founded in 2007 and is headquartered in Austin, Texas.

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StockViz Staff

September 20, 2024

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