Carter’s Inc (CRI)

Receivables turnover

		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	Mar 31, 2020
Revenue (ttm)	US$ in thousands	2,844,020	2,811,464	2,843,417	2,878,969	2,911,867	2,964,819	2,990,695	3,070,682	3,150,547	3,294,716	3,361,194	3,420,196	3,425,819	3,353,810	3,345,468	3,133,951	2,993,623	3,120,152	3,196,123	3,409,921
Receivables	US$ in thousands	194,834	247,013	132,360	224,075	183,774	240,507	132,679	223,939	198,587	265,593	183,920	265,694	231,354	261,182	163,957	240,212	186,512	263,231	165,578	221,884
Receivables turnover		14.60	11.38	21.48	12.85	15.84	12.33	22.54	13.71	15.86	12.41	18.28	12.87	14.81	12.84	20.40	13.05	16.05	11.85	19.30	15.37

December 31, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $2,844,020K ÷ $194,834K
= 14.60

The receivables turnover for Carter’s Inc has shown fluctuations over the financial periods analyzed. The company's receivables turnover ratio ranged from a low of 11.38 to a high of 22.54.

Generally, a higher receivables turnover ratio indicates that the company is able to efficiently collect payments from its customers, thereby reducing the risk of bad debts and improving cash flow. On the other hand, a lower ratio may suggest potential issues with collecting receivables in a timely manner.

It is important for Carter’s Inc to monitor and manage its receivables turnover effectively to ensure that the company is optimizing its working capital and liquidity position. Further analysis and comparison with industry benchmarks can provide additional insights into the efficiency of Carter’s receivables management.