Burlington Stores Inc (BURL)
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 | 9,727,480 | 9,345,400 | 9,096,740 | 8,909,870 | 8,702,600 | 8,567,330 | 8,830,680 | 9,058,650 | 9,322,260 | 8,996,140 | 8,359,340 | 7,155,760 | 5,763,983 | 5,689,693 | 5,804,033 | 6,453,723 | 7,286,390 | 7,075,860 | 6,935,240 | 6,777,960 |
| Receivables | US$ in thousands | 74,361 | 91,579 | 80,742 | 78,477 | 71,091 | 80,641 | 70,858 | 77,708 | 54,089 | 90,705 | 78,761 | 83,350 | 62,161 | 72,728 | 50,255 | 12,375 | 91,508 | 117,493 | 98,201 | 99,461 |
| Receivables turnover | 130.81 | 102.05 | 112.66 | 113.53 | 122.41 | 106.24 | 124.63 | 116.57 | 172.35 | 99.18 | 106.14 | 85.85 | 92.73 | 78.23 | 115.49 | 521.51 | 79.63 | 60.22 | 70.62 | 68.15 |
February 3, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $9,727,480K ÷ $74,361K
= 130.81
The receivables turnover ratio for Burlington Stores Inc has displayed fluctuations over the past few periods, ranging from a low of 60.22 to a high of 172.35. The trend in recent periods indicates a mixed performance in collecting accounts receivable efficiently. The significant increase in the receivables turnover ratio to 172.35 in the Jan 29, 2022 period suggests a strong ability to collect outstanding receivables promptly. However, this high ratio may also raise questions about the company's credit policy or the quality of its receivables.
Overall, the average receivables turnover ratio appears relatively healthy, with a median value of approximately 108.33. This suggests that Burlington Stores Inc has been effectively managing its accounts receivable on average. However, analysts should closely monitor any significant deviations from this average to assess the company's efficiency in collecting outstanding receivables and its overall liquidity position.
Peer comparison
Feb 3, 2024