Campbell Soup Company Common Stock (CPB)
Receivables turnover
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Jul 28, 2024 | Apr 30, 2024 | Apr 28, 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 10,043,000 | 9,727,000 | 9,324,000 | 9,487,000 | 9,650,000 | 9,799,000 | 9,948,000 | 9,560,000 | 9,172,000 | 8,883,000 | 8,850,000 | 9,267,000 | 9,774,000 | 10,120,000 | 9,622,000 | 9,267,000 | 8,822,000 | 8,456,000 | 8,678,000 | 8,784,000 |
| Receivables | US$ in thousands | — | — | — | 630,000 | — | 648,000 | — | 635,000 | — | 726,000 | — | 529,000 | — | — | 597,000 | — | 733,000 | — | 511,000 | — |
| Receivables turnover | — | — | — | 15.06 | — | 15.12 | — | 15.06 | — | 12.24 | — | 17.52 | — | — | 16.12 | — | 12.04 | — | 16.98 | — |
January 31, 2025 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $10,043,000K ÷ $—K
= —
The receivables turnover ratio for Campbell Soup Company Common Stock fluctuated over the period from May 1, 2022, to January 31, 2025. The ratio represents how efficiently the company is able to collect outstanding receivables from its customers during a specific period.
The ratio was not available for April 30, 2022, July 31, 2022, October 31, 2022, January 31, 2023, April 30, 2023, July 31, 2023, and October 31, 2023. This could indicate potential issues with data availability or changes in reporting practices during those periods.
From May 1, 2022, to July 30, 2023, the receivables turnover ratio showed an increasing trend, reaching a peak of 17.52 on July 30, 2023. This suggests that during this period, Campbell Soup Company was collecting its receivables more frequently, which is a positive sign of efficient accounts receivable management.
However, the ratio dropped to 12.24 on October 29, 2023, indicating a decrease in the speed at which receivables were being collected. The ratio then fluctuated between 12.24 and 15.12 from October 29, 2023, to July 28, 2024.
The most recent data available for January 31, 2025, shows that the receivables turnover ratio was not reported. This lack of information could indicate that the company's accounts receivable management practices or reporting may have changed.
Overall, fluctuations in the receivables turnover ratio for Campbell Soup Company Common Stock suggest varying levels of efficiency in collecting outstanding receivables over the examined period. Further analysis and comparison with industry benchmarks may provide additional insights into the company's financial performance and effectiveness in managing its accounts receivable.
Peer comparison
Jan 31, 2025