Chewy Inc (CHWY)
Receivables turnover
| Jan 31, 2025 | Oct 31, 2024 | Oct 27, 2024 | Jul 31, 2024 | Jul 28, 2024 | Apr 30, 2024 | Apr 28, 2024 | Jan 31, 2024 | Jan 28, 2024 | Oct 31, 2023 | Oct 29, 2023 | Jul 31, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 31, 2023 | Jan 29, 2023 | Oct 31, 2022 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 11,861,270 | 11,470,870 | 11,470,950 | 11,469,120 | 11,457,190 | 11,446,430 | 11,307,320 | 11,168,910 | 11,100,020 | 11,030,710 | 11,076,780 | 11,046,850 | 10,974,160 | 10,729,360 | 10,476,800 | 10,200,330 | 9,922,980 | 9,819,190 | 9,675,470 | 9,632,860 |
| Receivables | US$ in thousands | — | — | 193,210 | — | 200,983 | — | 172,209 | — | 154,043 | — | 160,980 | — | 162,681 | — | — | 126,349 | — | 126,963 | — | — |
| Receivables turnover | — | — | 59.37 | — | 57.01 | — | 65.66 | — | 72.06 | — | 68.81 | — | 67.46 | — | — | 80.73 | — | 77.34 | — | — |
January 31, 2025 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $11,861,270K ÷ $—K
= —
The receivables turnover ratio is a measure of how efficiently a company is able to collect on its credit sales within a specific period. Looking at the data provided for Chewy Inc, we can see that the receivables turnover ratio fluctuates over the reported periods.
From October 30, 2022, to January 29, 2023, there was an increase in the receivables turnover ratio from 77.34 to 80.73. This indicates that Chewy Inc was able to collect on its credit sales at a slightly faster rate during this period.
However, the receivables turnover ratio dipped to 67.46 from January 29, 2023, to July 30, 2023, and further decreased to 65.66 from January 28, 2024, to April 28, 2024. These declines suggest that Chewy Inc might have experienced challenges in collecting payments from its customers during these periods.
The receivables turnover ratio improved slightly to 72.06 from January 28, 2024, to April 28, 2024, but saw a significant decrease to 57.01 from April 28, 2024, to July 28, 2024. This indicates a potential slowdown in collections during the latter period.
Overall, the fluctuating nature of Chewy Inc's receivables turnover ratio suggests varying levels of efficiency in collecting on credit sales, and it may be important for the company to closely monitor and manage its accounts receivable process to ensure timely collections.
Peer comparison
Jan 31, 2025