The Cheesecake Factory (CAKE)
Receivables turnover
| Jan 31, 2025 | Dec 31, 2024 | Jan 31, 2024 | Dec 31, 2023 | Jan 31, 2023 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 3,581,700 | 3,581,700 | 3,439,500 | 3,439,500 | 3,303,160 |
| Receivables | US$ in thousands | — | 17,417 | — | 20,670 | — |
| Receivables turnover | — | 205.64 | — | 166.40 | — |
January 31, 2025 calculation
Receivables turnover = Revenue ÷ Receivables
= $3,581,700K ÷ $—K
= —
The receivables turnover for The Cheesecake Factory demonstrates a varying trend over the years. In December 31, 2023, the receivables turnover ratio stood at 166.40, indicating that the company collected its accounts receivables approximately 166 times during that year. This suggests efficient management of accounts receivable and effective collection policies.
However, the ratio increased significantly to 205.64 as of December 31, 2024, reflecting an even more efficient collection process during that year. This improvement could indicate better credit control measures or prompt payment from customers, contributing to healthier cash flow management.
Unfortunately, data for January 31, 2023, and January 31, 2025, are not available for analysis. It would be beneficial to monitor the receivables turnover in upcoming periods to assess any continuing positive trends and ensure the efficient management of accounts receivable.
Peer comparison
Jan 31, 2025