Core & Main Inc (CNM)
Receivables turnover
Jan 31, 2025 | Jan 31, 2024 | Jan 28, 2024 | Jan 31, 2023 | Jan 29, 2023 | ||
---|---|---|---|---|---|---|
Revenue | US$ in thousands | 7,441,000 | 6,702,000 | 6,621,000 | 6,651,000 | 6,585,000 |
Receivables | US$ in thousands | — | — | 973,000 | — | 955,000 |
Receivables turnover | — | — | 6.80 | — | 6.90 |
January 31, 2025 calculation
Receivables turnover = Revenue ÷ Receivables
= $7,441,000K ÷ $—K
= —
Based on the provided data for Core & Main Inc's receivables turnover ratio, we observe the following:
1. The receivables turnover ratio for January 29, 2023, was 6.90.
2. The data for January 31, 2023, is missing (denoted by "—"), which could indicate a lack of available information for that period.
3. For January 28, 2024, the receivables turnover ratio was 6.80.
4. The data for January 31, 2024, is again missing, denoted by "—".
5. As of January 31, 2025, the receivables turnover ratio data is also missing, denoted by "—".
The receivables turnover ratio measures how efficiently a company collects outstanding receivables during a specified period. A higher turnover ratio generally indicates better efficiency in collecting receivables.
In this case, we can see that Core & Main Inc had stable receivables turnover ratios around the range of 6.80-6.90 for the periods with available data. However, the missing data for some periods hinders a continuous analysis of the trend in the efficiency of receivables collection over time. Further information or additional data points would be necessary to provide a more comprehensive analysis of Core & Main Inc's receivables turnover performance.