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How to calculate receivable turnover ratio? The following financial ratio was found from the Wallstreet Journal for Kontoor Brands: Receivable Turnover Ratio- 8.81 Source: https://www.wsj.com/market-data/quotes/KTB/financials#

How to calculate receivable turnover ratio?

The following financial ratio was found from the Wallstreet Journal for Kontoor Brands:

Receivable Turnover Ratio- 8.81

Source: https://www.wsj.com/market-data/quotes/KTB/financials#

Could someone please explain to me how this was calculated?

Kontoor Brands balance sheet/income statement: https://csimarket.com/stocks/balance.php?code=KTB&annual

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