Capri Holdings Ltd (CPRI)
Receivables turnover
| Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 3,407,000 | 4,630,000 | 4,796,000 | 5,008,000 | 5,170,000 | 5,282,000 | 5,367,000 | 5,488,000 | 5,619,000 | 5,776,000 | 5,873,000 | 5,761,000 | 5,654,000 | 5,359,000 | 5,052,000 | 4,862,000 | 4,060,000 | 4,055,000 | 4,324,000 | 4,656,000 |
| Receivables | US$ in thousands | 295,000 | 275,000 | 343,000 | 317,000 | 382,000 | 371,000 | 429,000 | 323,000 | 369,000 | 372,000 | 441,000 | 414,000 | 434,000 | 449,000 | 395,000 | 405,000 | 373,000 | 386,000 | 352,000 | 183,000 |
| Receivables turnover | 11.55 | 16.84 | 13.98 | 15.80 | 13.53 | 14.24 | 12.51 | 16.99 | 15.23 | 15.53 | 13.32 | 13.92 | 13.03 | 11.94 | 12.79 | 12.00 | 10.88 | 10.51 | 12.28 | 25.44 |
March 31, 2025 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $3,407,000K ÷ $295,000K
= 11.55
Capri Holdings Ltd's receivables turnover has fluctuated over the periods analyzed. The receivables turnover ratio measures how efficiently a company is collecting its accounts receivable during a specific period.
In the most recent period, as of March 31, 2025, the receivables turnover ratio was 11.55, indicating that, on average, the company collected its accounts receivable approximately 11.55 times over the year.
It is important to note that a higher receivables turnover ratio is generally preferable as it suggests that the company is efficiently collecting payments from its customers.
Capri Holdings Ltd's receivables turnover ratio has shown some variability, ranging from a low of 10.51 on December 31, 2020, to a high of 16.99 on June 30, 2023. This fluctuation may be influenced by factors such as changes in credit policies, customer payment habits, or economic conditions.
Overall, monitoring the trend of the receivables turnover ratio can provide insights into the company's effectiveness in managing its accounts receivable and maintaining healthy cash flow.
Peer comparison
Mar 31, 2025