Buckle Inc (BKE)

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	1,217,689	1,220,873	1,309,638	1,330,703	1,371,680	1,281,725	1,191,770	1,171,147	1,150,524	1,259,902	1,369,280	1,418,787	1,468,294	1,368,464	1,268,634	1,245,357	1,293,946	1,372,900	1,390,356	1,400,724
Receivables	US$ in thousands	—	—	—	—	8,697	—	—	10,341	—	9,675	—	6,356	—	12,648	—	16,074	—	13,015	—	—
Receivables turnover		—	—	—	—	157.72	—	—	113.25	—	130.22	—	223.22	—	108.20	—	77.48	—	105.49	—	—

January 31, 2025 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $1,217,689K ÷ $—K
= —

The receivables turnover ratio for Buckle Inc fluctuated over the period from July 2022 to January 2025. The ratio was not available for some periods, indicating potential data unavailability or peculiarities in the company's operations during those times. Notably, the receivables turnover ratio peaked at 223.22 in April 2023, suggesting that Buckle Inc collected its accounts receivable more than twice on average during that period.

Subsequently, the ratio declined to 113.25 in October 2023, indicating a slower turnover of receivables compared to the previous period. The ratio further dropped to 157.72 in February 2024, signifying that the company was collecting its receivables at a faster pace compared to the previous quarter.

Overall, analyzing the receivables turnover ratio provides insights into how efficiently Buckle Inc manages its accounts receivable, with higher ratios generally indicating more effective collection activities. The fluctuations observed over the period could be due to changes in the company's credit policies, customer payment behaviors, or economic conditions impacting the retail industry.