Abercrombie & Fitch Company (ANF)

Receivables turnover

		Feb 3, 2024	Oct 28, 2023	Jul 29, 2023	Apr 29, 2023	Jan 28, 2023	Oct 29, 2022	Jul 30, 2022	Apr 30, 2022	Jan 29, 2022	Oct 30, 2021	Jul 31, 2021	May 1, 2021	Jan 30, 2021	Oct 31, 2020	Aug 1, 2020	May 2, 2020	Feb 1, 2020	Nov 2, 2019	Aug 3, 2019	May 4, 2019
Revenue (ttm)	US$ in thousands	4,280,679	4,027,579	3,851,233	3,720,979	3,697,747	3,659,287	3,684,363	3,744,122	3,712,765	3,673,455	3,587,948	3,421,426	3,125,380	3,187,890	3,231,709	3,374,459	3,623,072	3,299,716	3,278,658	3,168,479
Receivables	US$ in thousands	78,346	96,762	112,597	106,149	104,506	108,468	79,820	88,807	69,102	83,447	87,151	107,821	83,857	89,074	88,323	88,639	80,251	92,736	98,691	82,026
Receivables turnover		54.64	41.62	34.20	35.05	35.38	33.74	46.16	42.16	53.73	44.02	41.17	31.73	37.27	35.79	36.59	38.07	45.15	35.58	33.22	38.63

February 3, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $4,280,679K ÷ $78,346K
= 54.64

Abercrombie & Fitch Company's receivables turnover ratio has shown some fluctuations over the past few periods. The receivables turnover ratio measures how efficiently a company collects outstanding accounts receivable during a specific period.

The company's receivables turnover ratio has generally been in the range of 30 to 50 times over the periods analyzed. A higher receivables turnover ratio indicates that the company is more efficient in collecting payments from its customers, which is generally favorable.

During the most recent period, the receivables turnover ratio was 54.64, indicating an improvement in the company's ability to collect on its accounts receivable compared to previous periods. This trend suggests that Abercrombie & Fitch has been successful in managing its accounts receivable efficiently.

Overall, the fluctuations in Abercrombie & Fitch's receivables turnover ratios indicate variations in the company's collection efficiency over time. It is essential for the company to continue monitoring and managing its accounts receivable effectively to ensure a consistent and optimal cash flow.