Buckle Inc (BKE)
Receivables turnover
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,217,690 | 1,261,100 | 1,261,100 | 1,345,190 | 1,345,190 |
| Receivables | US$ in thousands | — | 8,697 | — | — | 12,648 |
| Receivables turnover | — | 145.00 | — | — | 106.36 |
January 31, 2025 calculation
Receivables turnover = Revenue ÷ Receivables
= $1,217,690K ÷ $—K
= —
The receivables turnover ratio measures how efficiently a company is able to collect payments from its customers. Looking at the data provided for Buckle Inc, we observe fluctuations in the receivables turnover ratio over the years.
In January 28, 2023, the receivables turnover ratio stood at 106.36, indicating that Buckle Inc collected its receivables approximately 106 times during that period. This suggests efficient collection practices.
In January 31, 2023, and January 31, 2024, the data is not provided ("—"), making it challenging to assess the company's receivables turnover for those periods. However, the absence of data may reflect a lack of activity or changes in reporting methods.
Moving on to February 3, 2024, the receivables turnover ratio increased significantly to 145.00, which could imply a more aggressive approach to collecting outstanding payments.
No data is available for January 31, 2025, hence we cannot provide an analysis for that period.
Overall, variations in the receivables turnover ratio for Buckle Inc suggest fluctuations in the company's ability to efficiently collect payments from its customers. Further analysis and comparison with industry benchmarks would provide deeper insights into the company's financial health.
Peer comparison
Jan 31, 2025