Burlington Stores Inc (BURL)
Receivables turnover
| Feb 1, 2025 | Nov 2, 2024 | Aug 3, 2024 | May 4, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 10,634,830 | 10,484,130 | 10,242,780 | 9,952,070 | 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 |
| Receivables | US$ in thousands | 88,079 | 102,872 | 99,659 | 100,654 | 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 |
| Receivables turnover | 120.74 | 101.91 | 102.78 | 98.87 | 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 |
February 1, 2025 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $10,634,830K ÷ $88,079K
= 120.74
The receivables turnover ratio for Burlington Stores Inc has shown fluctuations over the past few years. The ratio was significantly high in May 2020 at 521.51, indicating that the company efficiently collected its accounts receivable during that period. However, the ratio decreased sharply to 115.49 in August 2020 before further declining to 78.23 in October 2020.
From January 2021 onwards, there was an improvement in the receivables turnover ratio, reaching a peak of 172.35 in January 2022. This suggests that Burlington Stores was able to collect outstanding receivables more frequently during that period.
Subsequently, the ratio fluctuated, averaging around 100-120 between January 2022 and August 2024. Overall, a higher receivables turnover ratio indicates efficient management of accounts receivable, while a lower ratio may signify potential issues with collections or credit policies. Considering the historical data, Burlington Stores Inc may need to continue monitoring its receivables turnover to ensure timely collections and efficient management of its accounts receivable.
Peer comparison
Feb 1, 2025