Cisco Systems Inc (CSCO)

Receivables turnover

		Jan 31, 2025	Oct 31, 2024	Jul 31, 2024	Jul 27, 2024	Apr 30, 2024	Apr 27, 2024	Jan 31, 2024	Jan 27, 2024	Oct 31, 2023	Oct 28, 2023	Jul 31, 2023	Jul 29, 2023	Apr 30, 2023	Apr 29, 2023	Jan 31, 2023	Jan 28, 2023	Oct 31, 2022	Oct 29, 2022	Jul 31, 2022	Jul 30, 2022
Revenue (ttm)	US$ in thousands	55,724,000	54,435,000	52,960,000	52,109,000	50,539,000	52,505,000	54,704,000	57,116,000	59,550,000	59,453,000	59,379,000	57,768,000	56,170,000	55,231,000	54,303,000	53,813,000	53,334,000	52,537,000	51,694,000	51,287,000
Receivables	US$ in thousands	—	—	—	10,023,000	—	8,570,000	—	8,360,000	—	8,247,000	—	9,252,000	—	8,502,000	—	8,757,000	—	9,122,000	—	10,505,000
Receivables turnover		—	—	—	5.20	—	6.13	—	6.83	—	7.21	—	6.24	—	6.50	—	6.15	—	5.76	—	4.88

January 31, 2025 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $55,724,000K ÷ $—K
= —

The receivables turnover ratio is a measure of how efficiently a company is able to collect outstanding receivables from its customers. It is calculated by dividing net credit sales by the average accounts receivable balance.

Based on the provided data for Cisco Systems Inc, we observe fluctuations in the receivables turnover ratio over the specified time periods. The trend shows an increase from 4.88 in July 2022 to a peak of 7.21 in October 2023, signifying an improvement in the company's ability to collect receivables efficiently.

However, there are instances where the receivables turnover ratio is not provided, indicated by a dash (—). This could be due to missing data or changes in reporting practices.

Overall, the increasing trend in the receivables turnover ratio indicates that Cisco Systems Inc has been able to manage its accounts receivable more effectively over the period analyzed. This improvement suggests that the company is collecting its outstanding receivables at a faster pace, which generally indicates strong liquidity and efficient credit management practices.