Adobe Systems Incorporated (ADBE)

Receivables turnover

		Feb 28, 2025	Nov 30, 2024	Nov 29, 2024	Aug 31, 2024	Aug 30, 2024	May 31, 2024	Mar 1, 2024	Feb 29, 2024	Dec 1, 2023	Nov 30, 2023	Sep 1, 2023	Aug 31, 2023	Jun 2, 2023	May 31, 2023	Mar 3, 2023	Feb 28, 2023	Dec 2, 2022	Nov 30, 2022	Sep 2, 2022	Aug 31, 2022
Revenue (ttm)	US$ in thousands	22,334,000	22,028,000	21,731,000	21,307,000	21,081,000	20,721,000	20,460,000	20,168,000	19,876,000	19,644,000	19,412,000	19,177,000	18,942,000	18,651,000	18,360,000	18,138,000	17,916,000	17,777,000	17,638,000	17,467,000
Receivables	US$ in thousands	—	—	2,072,000	—	1,802,000	—	2,057,000	—	2,224,000	—	1,850,000	—	—	—	—	—	2,070,000	—	—	—
Receivables turnover		—	—	10.49	—	11.70	—	9.95	—	8.94	—	10.49	—	—	—	—	—	8.66	—	—	—

February 28, 2025 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $22,334,000K ÷ $—K
= —

The receivables turnover ratio for Adobe Systems Incorporated fluctuated over the periods provided in the data. A higher receivables turnover ratio indicates that the company is collecting its accounts receivable quickly and efficiently.

Based on the data, the receivables turnover ratio was not calculable for several periods, and for the periods it was available, it varied. For example, on December 2, 2022, the ratio was 8.66, which suggests that, on average, Adobe collected its accounts receivable approximately 8.66 times during that fiscal period.

The ratio improved to 10.49 on September 1, 2023, indicating a more efficient collection of receivables in that period. It further increased to 11.70 on August 30, 2024, which signifies an additional improvement in the collection efficiency of accounts receivable.

Analyzing these fluctuations in the receivables turnover ratio can provide insights into Adobe's effectiveness in managing its accounts receivable, collection policies, and overall financial health.