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Starbucks Corp. (SBUX)
Short-term (Operating) Activity Analysis
Quarterly Data
Difficulty: Beginner
Activity ratios measure how efficiently a company performs day-to-day tasks, such us the collection of receivables and management of inventory.
Ratios (Summary)
Starbucks Corp., short-term (operating) activity ratios (quarterly data)
Based on: 10-Q (filing date: 2019-07-30), 10-Q (filing date: 2019-04-30), 10-Q (filing date: 2019-01-29), 10-K (filing date: 2018-11-16), 10-Q (filing date: 2018-07-31), 10-Q (filing date: 2018-05-01), 10-Q (filing date: 2018-01-31), 10-K (filing date: 2017-11-17), 10-Q (filing date: 2017-08-01), 10-Q (filing date: 2017-05-02), 10-Q (filing date: 2017-01-31), 10-K (filing date: 2016-11-18), 10-Q (filing date: 2016-07-27), 10-Q (filing date: 2016-04-26), 10-Q (filing date: 2016-01-26), 10-K (filing date: 2015-11-12), 10-Q (filing date: 2015-07-28), 10-Q (filing date: 2015-04-28), 10-Q (filing date: 2015-01-27), 10-K (filing date: 2014-11-14), 10-Q (filing date: 2014-07-29), 10-Q (filing date: 2014-04-29), 10-Q (filing date: 2014-01-28), 10-K (filing date: 2013-11-18), 10-Q (filing date: 2013-07-30), 10-Q (filing date: 2013-04-30), 10-Q (filing date: 2013-01-29).
| Ratio | Description | The company |
|---|---|---|
| Inventory turnover | An activity ratio calculated as cost of goods sold divided by inventory. | Starbucks Corp.’s inventory turnover deteriorated from Q1 2019 to Q2 2019 and from Q2 2019 to Q3 2019. |
| Receivables turnover | An activity ratio equal to revenue divided by receivables. | Starbucks Corp.’s receivables turnover improved from Q1 2019 to Q2 2019 but then deteriorated significantly from Q2 2019 to Q3 2019. |
| Payables turnover | An activity ratio calculated as cost of goods sold divided by payables. | Starbucks Corp.’s payables turnover increased from Q1 2019 to Q2 2019 but then declined significantly from Q2 2019 to Q3 2019. |
| Working capital turnover | An activity ratio calculated as revenue divided by working capital. | Starbucks Corp.’s working capital turnover deteriorated from Q1 2019 to Q2 2019 but then improved from Q2 2019 to Q3 2019 exceeding Q1 2019 level. |
| Ratio | Description | The company |
|---|---|---|
| Average inventory processing period | An activity ratio equal to the number of days in the period divided by inventory turnover over the period. | Starbucks Corp.’s average inventory processing period deteriorated from Q1 2019 to Q2 2019 and from Q2 2019 to Q3 2019. |
| Average receivable collection period | An activity ratio equal to the number of days in the period divided by receivables turnover. | |
| Operating cycle | Equal to average inventory processing period plus average receivables collection period. | Starbucks Corp.’s operating cycle deteriorated from Q1 2019 to Q2 2019 and from Q2 2019 to Q3 2019. |
| Average payables payment period | An estimate of the average number of days it takes a company to pay its suppliers; equal to the number of days in the period divided by payables turnover ratio for the period. | |
| Cash conversion cycle | A financial metric that measures the length of time required for a company to convert cash invested in its operations to cash received as a result of its operations; equal to average inventory processing period plus average receivables collection period minus average payables payment period. | Starbucks Corp.’s cash conversion cycle deteriorated from Q1 2019 to Q2 2019 and from Q2 2019 to Q3 2019. |
Inventory Turnover
Starbucks Corp., inventory turnover calculation (quarterly data)
| Jun 30, 2019 | Mar 31, 2019 | Dec 30, 2018 | Sep 30, 2018 | Jul 1, 2018 | Apr 1, 2018 | Dec 31, 2017 | Oct 1, 2017 | Jul 2, 2017 | Apr 2, 2017 | Jan 1, 2017 | Oct 2, 2016 | Jun 26, 2016 | Mar 27, 2016 | Dec 27, 2015 | Sep 27, 2015 | Jun 28, 2015 | Mar 29, 2015 | Dec 28, 2014 | Sep 28, 2014 | Jun 29, 2014 | Mar 30, 2014 | Dec 29, 2013 | Sep 29, 2013 | Jun 30, 2013 | Mar 31, 2013 | Dec 30, 2012 | ||
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| Selected Financial Data (USD $ in thousands) | ||||||||||||||||||||||||||||
| Cost of sales including occupancy costs | |
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| Ratio | ||||||||||||||||||||||||||||
| Inventory turnover1 | |
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| Benchmarks | ||||||||||||||||||||||||||||
| Inventory Turnover, Competitors2 | ||||||||||||||||||||||||||||
| Delta Air Lines Inc. | |
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| McDonald’s Corp. | |
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Based on: 10-Q (filing date: 2019-07-30), 10-Q (filing date: 2019-04-30), 10-Q (filing date: 2019-01-29), 10-K (filing date: 2018-11-16), 10-Q (filing date: 2018-07-31), 10-Q (filing date: 2018-05-01), 10-Q (filing date: 2018-01-31), 10-K (filing date: 2017-11-17), 10-Q (filing date: 2017-08-01), 10-Q (filing date: 2017-05-02), 10-Q (filing date: 2017-01-31), 10-K (filing date: 2016-11-18), 10-Q (filing date: 2016-07-27), 10-Q (filing date: 2016-04-26), 10-Q (filing date: 2016-01-26), 10-K (filing date: 2015-11-12), 10-Q (filing date: 2015-07-28), 10-Q (filing date: 2015-04-28), 10-Q (filing date: 2015-01-27), 10-K (filing date: 2014-11-14), 10-Q (filing date: 2014-07-29), 10-Q (filing date: 2014-04-29), 10-Q (filing date: 2014-01-28), 10-K (filing date: 2013-11-18), 10-Q (filing date: 2013-07-30), 10-Q (filing date: 2013-04-30), 10-Q (filing date: 2013-01-29).
1 Q3 2019 Calculation
Inventory turnover
= (Cost of sales including occupancy costsQ3 2019
+ Cost of sales including occupancy costsQ2 2019
+ Cost of sales including occupancy costsQ1 2019
+ Cost of sales including occupancy costsQ4 2018)
÷ Inventories
= ( + + + )
÷ =
2 Click competitor name to see calculations.
| Ratio | Description | The company |
|---|---|---|
| Inventory turnover | An activity ratio calculated as cost of goods sold divided by inventory. | Starbucks Corp.’s inventory turnover deteriorated from Q1 2019 to Q2 2019 and from Q2 2019 to Q3 2019. |
Receivables Turnover
Starbucks Corp., receivables turnover calculation (quarterly data)
| Jun 30, 2019 | Mar 31, 2019 | Dec 30, 2018 | Sep 30, 2018 | Jul 1, 2018 | Apr 1, 2018 | Dec 31, 2017 | Oct 1, 2017 | Jul 2, 2017 | Apr 2, 2017 | Jan 1, 2017 | Oct 2, 2016 | Jun 26, 2016 | Mar 27, 2016 | Dec 27, 2015 | Sep 27, 2015 | Jun 28, 2015 | Mar 29, 2015 | Dec 28, 2014 | Sep 28, 2014 | Jun 29, 2014 | Mar 30, 2014 | Dec 29, 2013 | Sep 29, 2013 | Jun 30, 2013 | Mar 31, 2013 | Dec 30, 2012 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (USD $ in thousands) | ||||||||||||||||||||||||||||
| Net revenues | |
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| Accounts receivable, net | |
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| Ratio | ||||||||||||||||||||||||||||
| Receivables turnover1 | |
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| Benchmarks | ||||||||||||||||||||||||||||
| Receivables Turnover, Competitors2 | ||||||||||||||||||||||||||||
| Booking Holdings Inc. | |
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| Delta Air Lines Inc. | |
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| McDonald’s Corp. | |
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Based on: 10-Q (filing date: 2019-07-30), 10-Q (filing date: 2019-04-30), 10-Q (filing date: 2019-01-29), 10-K (filing date: 2018-11-16), 10-Q (filing date: 2018-07-31), 10-Q (filing date: 2018-05-01), 10-Q (filing date: 2018-01-31), 10-K (filing date: 2017-11-17), 10-Q (filing date: 2017-08-01), 10-Q (filing date: 2017-05-02), 10-Q (filing date: 2017-01-31), 10-K (filing date: 2016-11-18), 10-Q (filing date: 2016-07-27), 10-Q (filing date: 2016-04-26), 10-Q (filing date: 2016-01-26), 10-K (filing date: 2015-11-12), 10-Q (filing date: 2015-07-28), 10-Q (filing date: 2015-04-28), 10-Q (filing date: 2015-01-27), 10-K (filing date: 2014-11-14), 10-Q (filing date: 2014-07-29), 10-Q (filing date: 2014-04-29), 10-Q (filing date: 2014-01-28), 10-K (filing date: 2013-11-18), 10-Q (filing date: 2013-07-30), 10-Q (filing date: 2013-04-30), 10-Q (filing date: 2013-01-29).
1 Q3 2019 Calculation
Receivables turnover
= (Net revenuesQ3 2019
+ Net revenuesQ2 2019
+ Net revenuesQ1 2019
+ Net revenuesQ4 2018)
÷ Accounts receivable, net
= ( + + + )
÷ =
2 Click competitor name to see calculations.
| Ratio | Description | The company |
|---|---|---|
| Receivables turnover | An activity ratio equal to revenue divided by receivables. | Starbucks Corp.’s receivables turnover improved from Q1 2019 to Q2 2019 but then deteriorated significantly from Q2 2019 to Q3 2019. |
Payables Turnover
Starbucks Corp., payables turnover calculation (quarterly data)
| Jun 30, 2019 | Mar 31, 2019 | Dec 30, 2018 | Sep 30, 2018 | Jul 1, 2018 | Apr 1, 2018 | Dec 31, 2017 | Oct 1, 2017 | Jul 2, 2017 | Apr 2, 2017 | Jan 1, 2017 | Oct 2, 2016 | Jun 26, 2016 | Mar 27, 2016 | Dec 27, 2015 | Sep 27, 2015 | Jun 28, 2015 | Mar 29, 2015 | Dec 28, 2014 | Sep 28, 2014 | Jun 29, 2014 | Mar 30, 2014 | Dec 29, 2013 | Sep 29, 2013 | Jun 30, 2013 | Mar 31, 2013 | Dec 30, 2012 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (USD $ in thousands) | ||||||||||||||||||||||||||||
| Cost of sales including occupancy costs | |
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| Accounts payable | |
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| Ratio | ||||||||||||||||||||||||||||
| Payables turnover1 | |
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| Benchmarks | ||||||||||||||||||||||||||||
| Payables Turnover, Competitors2 | ||||||||||||||||||||||||||||
| Booking Holdings Inc. | |
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| Delta Air Lines Inc. | |
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| Marriott International Inc. | |
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| McDonald’s Corp. | |
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Based on: 10-Q (filing date: 2019-07-30), 10-Q (filing date: 2019-04-30), 10-Q (filing date: 2019-01-29), 10-K (filing date: 2018-11-16), 10-Q (filing date: 2018-07-31), 10-Q (filing date: 2018-05-01), 10-Q (filing date: 2018-01-31), 10-K (filing date: 2017-11-17), 10-Q (filing date: 2017-08-01), 10-Q (filing date: 2017-05-02), 10-Q (filing date: 2017-01-31), 10-K (filing date: 2016-11-18), 10-Q (filing date: 2016-07-27), 10-Q (filing date: 2016-04-26), 10-Q (filing date: 2016-01-26), 10-K (filing date: 2015-11-12), 10-Q (filing date: 2015-07-28), 10-Q (filing date: 2015-04-28), 10-Q (filing date: 2015-01-27), 10-K (filing date: 2014-11-14), 10-Q (filing date: 2014-07-29), 10-Q (filing date: 2014-04-29), 10-Q (filing date: 2014-01-28), 10-K (filing date: 2013-11-18), 10-Q (filing date: 2013-07-30), 10-Q (filing date: 2013-04-30), 10-Q (filing date: 2013-01-29).
1 Q3 2019 Calculation
Payables turnover
= (Cost of sales including occupancy costsQ3 2019
+ Cost of sales including occupancy costsQ2 2019
+ Cost of sales including occupancy costsQ1 2019
+ Cost of sales including occupancy costsQ4 2018)
÷ Accounts payable
= ( + + + )
÷ =
2 Click competitor name to see calculations.
| Ratio | Description | The company |
|---|---|---|
| Payables turnover | An activity ratio calculated as cost of goods sold divided by payables. | Starbucks Corp.’s payables turnover increased from Q1 2019 to Q2 2019 but then declined significantly from Q2 2019 to Q3 2019. |
Working Capital Turnover
Starbucks Corp., working capital turnover calculation (quarterly data)
| Jun 30, 2019 | Mar 31, 2019 | Dec 30, 2018 | Sep 30, 2018 | Jul 1, 2018 | Apr 1, 2018 | Dec 31, 2017 | Oct 1, 2017 | Jul 2, 2017 | Apr 2, 2017 | Jan 1, 2017 | Oct 2, 2016 | Jun 26, 2016 | Mar 27, 2016 | Dec 27, 2015 | Sep 27, 2015 | Jun 28, 2015 | Mar 29, 2015 | Dec 28, 2014 | Sep 28, 2014 | Jun 29, 2014 | Mar 30, 2014 | Dec 29, 2013 | Sep 29, 2013 | Jun 30, 2013 | Mar 31, 2013 | Dec 30, 2012 | ||
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| Selected Financial Data (USD $ in thousands) | ||||||||||||||||||||||||||||
| Current assets | |
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| Less: Current liabilities | |
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| Working capital | |
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| Net revenues | |
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| Ratio | ||||||||||||||||||||||||||||
| Working capital turnover1 | |
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| Benchmarks | ||||||||||||||||||||||||||||
| Working Capital Turnover, Competitors2 | ||||||||||||||||||||||||||||
| Booking Holdings Inc. | |
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| Delta Air Lines Inc. | |
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| Marriott International Inc. | |
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| McDonald’s Corp. | |
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Based on: 10-Q (filing date: 2019-07-30), 10-Q (filing date: 2019-04-30), 10-Q (filing date: 2019-01-29), 10-K (filing date: 2018-11-16), 10-Q (filing date: 2018-07-31), 10-Q (filing date: 2018-05-01), 10-Q (filing date: 2018-01-31), 10-K (filing date: 2017-11-17), 10-Q (filing date: 2017-08-01), 10-Q (filing date: 2017-05-02), 10-Q (filing date: 2017-01-31), 10-K (filing date: 2016-11-18), 10-Q (filing date: 2016-07-27), 10-Q (filing date: 2016-04-26), 10-Q (filing date: 2016-01-26), 10-K (filing date: 2015-11-12), 10-Q (filing date: 2015-07-28), 10-Q (filing date: 2015-04-28), 10-Q (filing date: 2015-01-27), 10-K (filing date: 2014-11-14), 10-Q (filing date: 2014-07-29), 10-Q (filing date: 2014-04-29), 10-Q (filing date: 2014-01-28), 10-K (filing date: 2013-11-18), 10-Q (filing date: 2013-07-30), 10-Q (filing date: 2013-04-30), 10-Q (filing date: 2013-01-29).
1 Q3 2019 Calculation
Working capital turnover
= (Net revenuesQ3 2019
+ Net revenuesQ2 2019
+ Net revenuesQ1 2019
+ Net revenuesQ4 2018)
÷ Working capital
= ( + + + )
÷ =
2 Click competitor name to see calculations.
| Ratio | Description | The company |
|---|---|---|
| Working capital turnover | An activity ratio calculated as revenue divided by working capital. | Starbucks Corp.’s working capital turnover deteriorated from Q1 2019 to Q2 2019 but then improved from Q2 2019 to Q3 2019 exceeding Q1 2019 level. |
Average Inventory Processing Period
Starbucks Corp., average inventory processing period calculation (quarterly data)
| Jun 30, 2019 | Mar 31, 2019 | Dec 30, 2018 | Sep 30, 2018 | Jul 1, 2018 | Apr 1, 2018 | Dec 31, 2017 | Oct 1, 2017 | Jul 2, 2017 | Apr 2, 2017 | Jan 1, 2017 | Oct 2, 2016 | Jun 26, 2016 | Mar 27, 2016 | Dec 27, 2015 | Sep 27, 2015 | Jun 28, 2015 | Mar 29, 2015 | Dec 28, 2014 | Sep 28, 2014 | Jun 29, 2014 | Mar 30, 2014 | Dec 29, 2013 | Sep 29, 2013 | Jun 30, 2013 | Mar 31, 2013 | Dec 30, 2012 | ||
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| Selected Financial Data | ||||||||||||||||||||||||||||
| Inventory turnover | |
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| Ratio (no. of days) | ||||||||||||||||||||||||||||
| Average inventory processing period1 | |
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| Benchmarks (no. of days) | ||||||||||||||||||||||||||||
| Average Inventory Processing Period, Competitors2 | ||||||||||||||||||||||||||||
| Delta Air Lines Inc. | |
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| McDonald’s Corp. | |
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Based on: 10-Q (filing date: 2019-07-30), 10-Q (filing date: 2019-04-30), 10-Q (filing date: 2019-01-29), 10-K (filing date: 2018-11-16), 10-Q (filing date: 2018-07-31), 10-Q (filing date: 2018-05-01), 10-Q (filing date: 2018-01-31), 10-K (filing date: 2017-11-17), 10-Q (filing date: 2017-08-01), 10-Q (filing date: 2017-05-02), 10-Q (filing date: 2017-01-31), 10-K (filing date: 2016-11-18), 10-Q (filing date: 2016-07-27), 10-Q (filing date: 2016-04-26), 10-Q (filing date: 2016-01-26), 10-K (filing date: 2015-11-12), 10-Q (filing date: 2015-07-28), 10-Q (filing date: 2015-04-28), 10-Q (filing date: 2015-01-27), 10-K (filing date: 2014-11-14), 10-Q (filing date: 2014-07-29), 10-Q (filing date: 2014-04-29), 10-Q (filing date: 2014-01-28), 10-K (filing date: 2013-11-18), 10-Q (filing date: 2013-07-30), 10-Q (filing date: 2013-04-30), 10-Q (filing date: 2013-01-29).
1 Q3 2019 Calculation
Average inventory processing period = 365 ÷ Inventory turnover
= 365 ÷ =
2 Click competitor name to see calculations.
| Ratio | Description | The company |
|---|---|---|
| Average inventory processing period | An activity ratio equal to the number of days in the period divided by inventory turnover over the period. | Starbucks Corp.’s average inventory processing period deteriorated from Q1 2019 to Q2 2019 and from Q2 2019 to Q3 2019. |
Average Receivable Collection Period
Starbucks Corp., average receivable collection period calculation (quarterly data)
| Jun 30, 2019 | Mar 31, 2019 | Dec 30, 2018 | Sep 30, 2018 | Jul 1, 2018 | Apr 1, 2018 | Dec 31, 2017 | Oct 1, 2017 | Jul 2, 2017 | Apr 2, 2017 | Jan 1, 2017 | Oct 2, 2016 | Jun 26, 2016 | Mar 27, 2016 | Dec 27, 2015 | Sep 27, 2015 | Jun 28, 2015 | Mar 29, 2015 | Dec 28, 2014 | Sep 28, 2014 | Jun 29, 2014 | Mar 30, 2014 | Dec 29, 2013 | Sep 29, 2013 | Jun 30, 2013 | Mar 31, 2013 | Dec 30, 2012 | ||
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| Selected Financial Data | ||||||||||||||||||||||||||||
| Receivables turnover | |
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| Ratio (no. of days) | ||||||||||||||||||||||||||||
| Average receivable collection period1 | |
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| Benchmarks (no. of days) | ||||||||||||||||||||||||||||
| Average Receivable Collection Period, Competitors2 | ||||||||||||||||||||||||||||
| Booking Holdings Inc. | |
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| Delta Air Lines Inc. | |
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| McDonald’s Corp. | |
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Based on: 10-Q (filing date: 2019-07-30), 10-Q (filing date: 2019-04-30), 10-Q (filing date: 2019-01-29), 10-K (filing date: 2018-11-16), 10-Q (filing date: 2018-07-31), 10-Q (filing date: 2018-05-01), 10-Q (filing date: 2018-01-31), 10-K (filing date: 2017-11-17), 10-Q (filing date: 2017-08-01), 10-Q (filing date: 2017-05-02), 10-Q (filing date: 2017-01-31), 10-K (filing date: 2016-11-18), 10-Q (filing date: 2016-07-27), 10-Q (filing date: 2016-04-26), 10-Q (filing date: 2016-01-26), 10-K (filing date: 2015-11-12), 10-Q (filing date: 2015-07-28), 10-Q (filing date: 2015-04-28), 10-Q (filing date: 2015-01-27), 10-K (filing date: 2014-11-14), 10-Q (filing date: 2014-07-29), 10-Q (filing date: 2014-04-29), 10-Q (filing date: 2014-01-28), 10-K (filing date: 2013-11-18), 10-Q (filing date: 2013-07-30), 10-Q (filing date: 2013-04-30), 10-Q (filing date: 2013-01-29).
1 Q3 2019 Calculation
Average receivable collection period = 365 ÷ Receivables turnover
= 365 ÷ =
2 Click competitor name to see calculations.
| Ratio | Description | The company |
|---|---|---|
| Average receivable collection period | An activity ratio equal to the number of days in the period divided by receivables turnover. |
Operating Cycle
Starbucks Corp., operating cycle calculation (quarterly data)
No. of days
| Jun 30, 2019 | Mar 31, 2019 | Dec 30, 2018 | Sep 30, 2018 | Jul 1, 2018 | Apr 1, 2018 | Dec 31, 2017 | Oct 1, 2017 | Jul 2, 2017 | Apr 2, 2017 | Jan 1, 2017 | Oct 2, 2016 | Jun 26, 2016 | Mar 27, 2016 | Dec 27, 2015 | Sep 27, 2015 | Jun 28, 2015 | Mar 29, 2015 | Dec 28, 2014 | Sep 28, 2014 | Jun 29, 2014 | Mar 30, 2014 | Dec 29, 2013 | Sep 29, 2013 | Jun 30, 2013 | Mar 31, 2013 | Dec 30, 2012 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data | ||||||||||||||||||||||||||||
| Average inventory processing period | |
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| Average receivable collection period | |
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| Ratio | ||||||||||||||||||||||||||||
| Operating cycle1 | |
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| Operating Cycle, Competitors2 | ||||||||||||||||||||||||||||
| Delta Air Lines Inc. | |
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| McDonald’s Corp. | |
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Based on: 10-Q (filing date: 2019-07-30), 10-Q (filing date: 2019-04-30), 10-Q (filing date: 2019-01-29), 10-K (filing date: 2018-11-16), 10-Q (filing date: 2018-07-31), 10-Q (filing date: 2018-05-01), 10-Q (filing date: 2018-01-31), 10-K (filing date: 2017-11-17), 10-Q (filing date: 2017-08-01), 10-Q (filing date: 2017-05-02), 10-Q (filing date: 2017-01-31), 10-K (filing date: 2016-11-18), 10-Q (filing date: 2016-07-27), 10-Q (filing date: 2016-04-26), 10-Q (filing date: 2016-01-26), 10-K (filing date: 2015-11-12), 10-Q (filing date: 2015-07-28), 10-Q (filing date: 2015-04-28), 10-Q (filing date: 2015-01-27), 10-K (filing date: 2014-11-14), 10-Q (filing date: 2014-07-29), 10-Q (filing date: 2014-04-29), 10-Q (filing date: 2014-01-28), 10-K (filing date: 2013-11-18), 10-Q (filing date: 2013-07-30), 10-Q (filing date: 2013-04-30), 10-Q (filing date: 2013-01-29).
1 Q3 2019 Calculation
Operating cycle = Average inventory processing period + Average receivable collection period
= + =
2 Click competitor name to see calculations.
| Ratio | Description | The company |
|---|---|---|
| Operating cycle | Equal to average inventory processing period plus average receivables collection period. | Starbucks Corp.’s operating cycle deteriorated from Q1 2019 to Q2 2019 and from Q2 2019 to Q3 2019. |
Average Payables Payment Period
Starbucks Corp., average payables payment period calculation (quarterly data)
| Jun 30, 2019 | Mar 31, 2019 | Dec 30, 2018 | Sep 30, 2018 | Jul 1, 2018 | Apr 1, 2018 | Dec 31, 2017 | Oct 1, 2017 | Jul 2, 2017 | Apr 2, 2017 | Jan 1, 2017 | Oct 2, 2016 | Jun 26, 2016 | Mar 27, 2016 | Dec 27, 2015 | Sep 27, 2015 | Jun 28, 2015 | Mar 29, 2015 | Dec 28, 2014 | Sep 28, 2014 | Jun 29, 2014 | Mar 30, 2014 | Dec 29, 2013 | Sep 29, 2013 | Jun 30, 2013 | Mar 31, 2013 | Dec 30, 2012 | ||
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| Selected Financial Data | ||||||||||||||||||||||||||||
| Payables turnover | |
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| Ratio (no. of days) | ||||||||||||||||||||||||||||
| Average payables payment period1 | |
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| Average Payables Payment Period, Competitors2 | ||||||||||||||||||||||||||||
| Booking Holdings Inc. | |
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| Delta Air Lines Inc. | |
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| Marriott International Inc. | |
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| McDonald’s Corp. | |
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Based on: 10-Q (filing date: 2019-07-30), 10-Q (filing date: 2019-04-30), 10-Q (filing date: 2019-01-29), 10-K (filing date: 2018-11-16), 10-Q (filing date: 2018-07-31), 10-Q (filing date: 2018-05-01), 10-Q (filing date: 2018-01-31), 10-K (filing date: 2017-11-17), 10-Q (filing date: 2017-08-01), 10-Q (filing date: 2017-05-02), 10-Q (filing date: 2017-01-31), 10-K (filing date: 2016-11-18), 10-Q (filing date: 2016-07-27), 10-Q (filing date: 2016-04-26), 10-Q (filing date: 2016-01-26), 10-K (filing date: 2015-11-12), 10-Q (filing date: 2015-07-28), 10-Q (filing date: 2015-04-28), 10-Q (filing date: 2015-01-27), 10-K (filing date: 2014-11-14), 10-Q (filing date: 2014-07-29), 10-Q (filing date: 2014-04-29), 10-Q (filing date: 2014-01-28), 10-K (filing date: 2013-11-18), 10-Q (filing date: 2013-07-30), 10-Q (filing date: 2013-04-30), 10-Q (filing date: 2013-01-29).
1 Q3 2019 Calculation
Average payables payment period = 365 ÷ Payables turnover
= 365 ÷ =
2 Click competitor name to see calculations.
| Ratio | Description | The company |
|---|---|---|
| Average payables payment period | An estimate of the average number of days it takes a company to pay its suppliers; equal to the number of days in the period divided by payables turnover ratio for the period. |
Cash Conversion Cycle
Starbucks Corp., cash conversion cycle calculation (quarterly data)
No. of days
| Jun 30, 2019 | Mar 31, 2019 | Dec 30, 2018 | Sep 30, 2018 | Jul 1, 2018 | Apr 1, 2018 | Dec 31, 2017 | Oct 1, 2017 | Jul 2, 2017 | Apr 2, 2017 | Jan 1, 2017 | Oct 2, 2016 | Jun 26, 2016 | Mar 27, 2016 | Dec 27, 2015 | Sep 27, 2015 | Jun 28, 2015 | Mar 29, 2015 | Dec 28, 2014 | Sep 28, 2014 | Jun 29, 2014 | Mar 30, 2014 | Dec 29, 2013 | Sep 29, 2013 | Jun 30, 2013 | Mar 31, 2013 | Dec 30, 2012 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data | ||||||||||||||||||||||||||||
| Average inventory processing period | |
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| Average payables payment period | |
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| Ratio | ||||||||||||||||||||||||||||
| Cash conversion cycle1 | |
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| Benchmarks | ||||||||||||||||||||||||||||
| Cash Conversion Cycle, Competitors2 | ||||||||||||||||||||||||||||
| Delta Air Lines Inc. | |
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| McDonald’s Corp. | |
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Based on: 10-Q (filing date: 2019-07-30), 10-Q (filing date: 2019-04-30), 10-Q (filing date: 2019-01-29), 10-K (filing date: 2018-11-16), 10-Q (filing date: 2018-07-31), 10-Q (filing date: 2018-05-01), 10-Q (filing date: 2018-01-31), 10-K (filing date: 2017-11-17), 10-Q (filing date: 2017-08-01), 10-Q (filing date: 2017-05-02), 10-Q (filing date: 2017-01-31), 10-K (filing date: 2016-11-18), 10-Q (filing date: 2016-07-27), 10-Q (filing date: 2016-04-26), 10-Q (filing date: 2016-01-26), 10-K (filing date: 2015-11-12), 10-Q (filing date: 2015-07-28), 10-Q (filing date: 2015-04-28), 10-Q (filing date: 2015-01-27), 10-K (filing date: 2014-11-14), 10-Q (filing date: 2014-07-29), 10-Q (filing date: 2014-04-29), 10-Q (filing date: 2014-01-28), 10-K (filing date: 2013-11-18), 10-Q (filing date: 2013-07-30), 10-Q (filing date: 2013-04-30), 10-Q (filing date: 2013-01-29).
1 Q3 2019 Calculation
Cash conversion cycle = Average inventory processing period + Average receivable collection period – Average payables payment period
= + – =
2 Click competitor name to see calculations.
| Ratio | Description | The company |
|---|---|---|
| Cash conversion cycle | A financial metric that measures the length of time required for a company to convert cash invested in its operations to cash received as a result of its operations; equal to average inventory processing period plus average receivables collection period minus average payables payment period. | Starbucks Corp.’s cash conversion cycle deteriorated from Q1 2019 to Q2 2019 and from Q2 2019 to Q3 2019. |