Core & Main Inc (CNM)
Receivables turnover
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 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 | Apr 30, 2022 | Jan 31, 2022 | Jan 30, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 7,441,000 | 7,183,000 | 6,563,000 | 6,426,000 | 6,492,000 | 6,913,000 | 7,334,000 | 7,081,000 | 6,648,000 | 6,141,000 | 6,120,000 | 6,348,000 | 6,835,000 | 7,066,000 | 6,846,000 | 6,290,000 | 5,662,800 | 5,482,600 | 5,145,600 | 5,197,200 |
| Receivables | US$ in thousands | — | — | — | — | — | 973,000 | — | 1,215,000 | — | 1,231,000 | — | — | 955,000 | — | 1,273,000 | — | 1,113,000 | — | — | 884,000 |
| Receivables turnover | — | — | — | — | — | 7.10 | — | 5.83 | — | 4.99 | — | — | 7.16 | — | 5.38 | — | 5.09 | — | — | 5.88 |
January 31, 2025 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $7,441,000K ÷ $—K
= —
The receivables turnover ratio for Core & Main Inc has fluctuated over the past few years. The company saw a receivables turnover of 5.88 in January 2022, which improved to 7.16 in January 2023. However, there were periods where the specific data was not available (indicated as "—"), limiting the ability to fully assess the trend.
Overall, the trend indicates that Core & Main Inc has been efficient in collecting its accounts receivable, with higher turnover ratios suggesting that the company is converting its credit sales into cash relatively quickly. However, the incomplete data points make it challenging to provide a thorough analysis of the consistency of the company's receivables turnover performance over time.
It would be beneficial for stakeholders to monitor the receivables turnover ratio consistently in future financial statements to assess the company's effectiveness in managing its accounts receivable and collecting payments from customers promptly.