Core & Main Inc (CNM)

The receivables turnover ratio for Core & Main Inc has exhibited a decreasing trend over the past three years, indicating a decline in the efficiency of the company in collecting its accounts receivable. In the latest fiscal year ending January 28, 2024, the receivables turnover ratio stood at 6.80, showing a slight decrease from the previous year's ratio of 6.90. This decrease suggests that it took the company slightly longer to collect its accounts receivable in the most recent period.

Despite the decline, the receivables turnover ratio for Core & Main Inc remains relatively robust, indicating that the company is still efficient in managing its accounts receivable compared to the industry average. However, management should continue to monitor this ratio closely to ensure that collections are being made in a timely manner to maintain healthy cash flows and working capital levels. Further analysis of the company's receivables management practices and credit policies may be warranted to identify potential areas for improvement.