Coty Inc (COTY)
Receivables turnover
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 5,892,900 | 6,118,000 | 5,554,100 | 5,304,400 | 4,629,900 |
| Receivables | US$ in thousands | 526,400 | 481,600 | 612,500 | 434,800 | 348,000 |
| Receivables turnover | 11.19 | 12.70 | 9.07 | 12.20 | 13.30 |
June 30, 2025 calculation
Receivables turnover = Revenue ÷ Receivables
= $5,892,900K ÷ $526,400K
= 11.19
The receivables turnover ratio for Coty Inc. demonstrates notable fluctuations over the analyzed period from June 30, 2021, to June 30, 2025. Specifically, the ratio was 13.30 in 2021, indicating a relatively efficient collection process, with the company collecting its receivables approximately 13.3 times during that fiscal year. In the following year, the ratio decreased to 12.20, suggesting a slight decline in receivables collection efficiency. The downward trend continued into 2023, when the ratio further dropped to 9.07, implying a notable slowdown in collecting receivables and possibly extended credit terms or challenges in accounts receivable management.
Subsequently, a recovery is observed, with the ratio increasing to 12.70 in 2024, indicating an improvement in collection efficiency. However, by June 30, 2025, the ratio declines again to 11.19, reflecting a modest setback but still remaining higher than the 2023 level. Overall, the pattern suggests periods of varying receivables management effectiveness, with an initial decline from 2021 to 2023 followed by an approximate recovery in 2024 and a slight dip in 2025. The fluctuations may be influenced by changes in credit policies, customer payment behaviors, or strategic shifts in receivables management.
Peer comparison
Jun 30, 2025