Chewy Inc (CHWY)
Receivables turnover
| Jan 31, 2025 | Jan 31, 2024 | Jan 28, 2024 | Jan 31, 2023 | Jan 29, 2023 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 11,861,300 | 11,147,700 | 11,144,400 | 10,098,900 | 10,096,500 |
| Receivables | US$ in thousands | — | — | 154,043 | — | 126,349 |
| Receivables turnover | — | — | 72.35 | — | 79.91 |
January 31, 2025 calculation
Receivables turnover = Revenue ÷ Receivables
= $11,861,300K ÷ $—K
= —
The receivables turnover ratio is a key indicator of how effectively a company is managing its receivables. In the case of Chewy Inc, the receivables turnover ratio for the most recent available periods is as follows:
- January 29, 2023: 79.91
- January 31, 2023: Not provided
- January 28, 2024: 72.35
- January 31, 2024: Not provided
- January 31, 2025: Not provided
The receivables turnover ratio measures how many times a company collects its average accounts receivable balance during a period. A higher ratio indicates that the company is collecting its receivables more quickly.
In this analysis, it is evident that Chewy Inc has had a high receivables turnover ratio in the periods reported, suggesting efficient management of its accounts receivable. The slight decrease from 79.91 to 72.35 between January 29, 2023, and January 28, 2024, may indicate a small decrease in the efficiency of collections, but the company still appears to be collecting its receivables at a relatively rapid pace.
However, the absence of data for subsequent periods makes it difficult to track the trend of the receivables turnover ratio over time. It would be beneficial to have more recent data to assess the company's ongoing performance in this area.
Peer comparison
Jan 31, 2025