Campbell’s Co (CPB)
Receivables turnover
| Jul 31, 2025 | Apr 30, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 10,253,000 | 10,225,000 | 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 |
| Receivables | US$ in thousands | — | 668,000 | 711,000 | 840,000 | 630,000 | 630,000 | 648,000 | 648,000 | 635,000 | 635,000 | 726,000 | 726,000 | 529,000 | 529,000 | 528,000 | 597,000 | 597,000 | 733,000 | 733,000 | 541,000 |
| Receivables turnover | — | 15.31 | 14.13 | 11.58 | 14.80 | 15.06 | 14.89 | 15.12 | 15.67 | 15.06 | 12.63 | 12.24 | 16.73 | 17.52 | 18.51 | 16.95 | 16.12 | 12.64 | 12.04 | 15.63 |
July 31, 2025 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $10,253,000K ÷ $—K
= —
The receivables turnover ratio for Campbell’s Co has exhibited a range of fluctuations over the period under review, reflecting changes in the company's efficiency in collecting its accounts receivable. At the end of July 2022, the ratio was relatively high at 15.63, indicating a strong efficiency in receivables collection. However, by October 2022, there was a notable decline to 12.04, which further slightly increased to 12.64 at the end of October 2022, suggesting a temporary slowdown in collection efficiency.
Subsequent months demonstrated variability, with a marked increase to 16.12 in January 2023 and further to 16.95 at the end of January 2023, indicating an improvement in receivables management. This upward trend continued into April 2023 with a ratio of 18.51, representing one of the highest points in the period, implying more effective collection efforts or shorter credit terms extended to customers.
However, the ratio declined slightly in the subsequent months, registering 17.52 in July 2023, before decreasing further to 16.73 at the end of July 2023, and then more substantially to 12.24 and 12.63 in October 2023. The reduction in these latter periods indicates that the company’s efficiency in receivables collection diminished relative to earlier periods.
In the latest data, the ratio stabilized somewhat, recorded at 15.06 in January 2024 and remaining around similar levels at 15.12 and 14.89 in April 2024, before declining again slightly to 15.06 in July 2024. The most recent figures show a decrease to 11.58 in October 2024, with a modest recovery to 14.13 in January 2025 and 15.31 in April 2025.
Overall, the receivables turnover ratio for Campbell’s Co has experienced periods of both improvement and decline, indicating variations in the company's collection efficiency. The peaks in early 2023 suggest periods of effective receivables management, whereas the declines in late 2023 and 2024 may reflect extended credit terms, slower collections, or changes in customer payment patterns. The trend toward lower ratios in recent periods suggests a need for continued attention to receivables management strategies to sustain optimal collection performance.