Applied Materials Inc (AMAT)
Receivables turnover
| Jan 31, 2025 | Oct 31, 2024 | Oct 27, 2024 | Jul 31, 2024 | Jul 28, 2024 | Apr 30, 2024 | Apr 28, 2024 | Jan 31, 2024 | Jan 28, 2024 | Oct 31, 2023 | Oct 29, 2023 | Jul 31, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 31, 2023 | Jan 29, 2023 | Oct 31, 2022 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 27,965,000 | 27,592,000 | 27,193,000 | 26,826,000 | 26,755,000 | 26,642,000 | 26,719,000 | 26,771,000 | 26,489,000 | 26,198,000 | 26,105,000 | 26,183,000 | 26,401,000 | 26,761,000 | 26,837,000 | 26,618,000 | 26,169,000 | 25,665,000 | 25,230,000 | 24,916,000 |
| Receivables | US$ in thousands | — | — | 5,354,000 | — | 5,021,000 | — | 5,001,000 | — | 5,011,000 | — | 5,577,000 | — | 5,648,000 | — | — | 5,847,000 | — | 6,529,000 | — | — |
| Receivables turnover | — | — | 5.08 | — | 5.33 | — | 5.34 | — | 5.29 | — | 4.68 | — | 4.67 | — | — | 4.55 | — | 3.93 | — | — |
January 31, 2025 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $27,965,000K ÷ $—K
= —
The receivables turnover ratio for Applied Materials Inc has shown fluctuation over the periods provided. The ratio was not available for May 1, 2022, July 31, 2022, October 31, 2022, January 31, 2023, April 30, 2023, July 31, 2023, and October 31, 2023. However, from the available data, the receivables turnover ratio increased from 3.93 on October 30, 2022 to 5.29 on January 28, 2024, indicating a more efficient collection of receivables. This improvement was sustained as the ratio continued to rise to 5.33 on July 28, 2024, before slightly decreasing to 5.08 on October 27, 2024.
A higher receivables turnover ratio signifies that the company is collecting its accounts receivable more effectively, which is a positive indicator of liquidity and efficiency in managing its credit terms. The gradual increase in the turnover ratio suggests that Applied Materials Inc managed to enhance its collection process over the periods covered, thereby potentially reducing the risk of bad debts and improving cash flow management.
Overall, the trend in the receivables turnover ratio for Applied Materials Inc indicates a positive performance in managing its accounts receivable during the periods for which data is available.
Peer comparison
Jan 31, 2025