Coherent Inc (COHR)
Receivables turnover
| Jun 30, 2025 | Jun 30, 2024 | Sep 30, 2023 | Jun 30, 2023 | Sep 30, 2022 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 5,810,100 | 4,707,690 | 5,160,100 | 5,160,100 | 3,316,620 |
| Receivables | US$ in thousands | 964,100 | 848,542 | 929,802 | 901,531 | 700,331 |
| Receivables turnover | 6.03 | 5.55 | 5.55 | 5.72 | 4.74 |
June 30, 2025 calculation
Receivables turnover = Revenue ÷ Receivables
= $5,810,100K ÷ $964,100K
= 6.03
The receivables turnover ratio of Coherent Inc. over the specified periods indicates the company's efficiency in collecting its accounts receivable. As of September 30, 2022, the ratio was 4.74, suggesting that, on average, receivables were collected approximately 4.74 times annually. Moving to June 30, 2023, the ratio increased to 5.72, indicating an improved collection efficiency, with receivables turning over more frequently within the fiscal period. This upward trend continued until September 30, 2023, with a slight decline to 5.55, implying a modest slowdown in receivables collection compared to the previous quarter but still maintaining a higher turnover rate than in September 2022. The ratio remained stable at 5.55 through June 30, 2024, suggesting sustained collection efficiency. Subsequently, by June 30, 2025, the receivables turnover further increased to 6.03, reflecting an ongoing improvement in receivables management and potentially enhanced cash flow from collections. Overall, the data demonstrates a positive trend in Coherent Inc.'s receivables management from September 2022 through mid-2025, with the ratios indicating progressively more efficient collections over the analyzed periods.
Peer comparison
Jun 30, 2025