Burlington Stores Inc (BURL)
Receivables turnover
| Feb 1, 2025 | Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 10,634,800 | 9,727,470 | 8,702,600 | 9,322,260 | 5,763,980 |
| Receivables | US$ in thousands | 88,079 | 74,361 | 71,091 | 54,089 | 62,161 |
| Receivables turnover | 120.74 | 130.81 | 122.41 | 172.35 | 92.73 |
February 1, 2025 calculation
Receivables turnover = Revenue ÷ Receivables
= $10,634,800K ÷ $88,079K
= 120.74
The receivables turnover for Burlington Stores Inc has shown fluctuations over the past five years, indicating varying efficiency in collecting outstanding receivables.
On January 30, 2021, the company had a receivables turnover of 92.73, which increased significantly to 172.35 by January 29, 2022, showcasing a notable improvement in the company's ability to collect receivables.
However, there was a decrease in receivables turnover by January 28, 2023, to 122.41, suggesting a potential slowdown in the collection of receivables compared to the previous year. Subsequently, the turnover ratio increased to 130.81 by February 3, 2024, indicating a slight improvement in receivables collection efficiency.
By February 1, 2025, the receivables turnover ratio decreased to 120.74, signaling a potential challenge in collecting receivables efficiently during that period. Overall, while there have been fluctuations in receivables turnover for Burlington Stores Inc, the company has demonstrated varying levels of effectiveness in managing and collecting its accounts receivables over the past five years.
Peer comparison
Feb 1, 2025