Academy Sports Outdoors Inc (ASO)
Receivables turnover
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 3, 2024 | Jan 31, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 5,933,450 | 6,051,360 | 6,502,860 | 6,351,660 | 6,374,290 | 6,162,540 | 5,939,470 | 5,925,300 | 5,910,830 | 6,074,250 | 6,248,990 | 6,359,300 | 6,468,680 | 6,409,100 | 6,338,360 | 6,312,170 | 6,638,880 | 6,760,430 | 6,677,470 | 6,791,110 |
| Receivables | US$ in thousands | — | — | — | — | 19,371 | — | — | 17,706 | — | 14,625 | — | 10,412 | — | 16,503 | — | 15,998 | — | 14,521 | — | — |
| Receivables turnover | — | — | — | — | 329.06 | — | — | 334.65 | — | 415.33 | — | 610.77 | — | 388.36 | — | 394.56 | — | 465.56 | — | — |
January 31, 2025 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $5,933,450K ÷ $—K
= —
The receivables turnover ratio for Academy Sports Outdoors Inc fluctuated over the period from July 2022 to February 2024. The ratio ranged from a low of 329.06 to a high of 610.77. It indicates how efficiently the company is able to collect outstanding receivables during a specific period. A higher receivables turnover ratio signifies that the company is collecting payments from its customers more quickly.
While the company experienced a peak in receivables turnover in April 2023, reaching 610.77, it saw a gradual decline in subsequent periods. This may indicate potential delays in collecting payments from customers. Moreover, there were several periods where the receivables turnover ratio was not provided which could suggest incomplete data or other underlying issues with receivables management.
The consistent trend of fluctuations in the receivables turnover ratio for Academy Sports Outdoors Inc warrants further investigation into the company's accounts receivable management practices and collection processes to ensure efficient cash flow management and improved working capital efficiency.
Peer comparison
Jan 31, 2025