Designer Brands Inc (DBI)
Receivables turnover
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 3,074,976 | 3,081,174 | 3,159,865 | 3,226,967 | 3,315,428 | 3,377,508 | 3,365,955 | 3,323,971 | 3,196,583 | 2,983,309 | 2,782,712 | 2,455,091 | 2,234,719 | 2,454,987 | 2,735,943 | 3,102,181 | 3,492,687 | 3,505,144 | 3,402,987 | 3,340,770 |
| Receivables | US$ in thousands | 83,590 | 106,916 | 97,364 | 100,237 | 77,763 | 228,746 | 204,880 | 222,297 | 199,826 | 231,391 | 199,371 | 213,447 | 196,049 | 61,840 | 49,240 | 81,953 | 89,151 | 87,313 | 85,162 | 78,287 |
| Receivables turnover | 36.79 | 28.82 | 32.45 | 32.19 | 42.64 | 14.77 | 16.43 | 14.95 | 16.00 | 12.89 | 13.96 | 11.50 | 11.40 | 39.70 | 55.56 | 37.85 | 39.18 | 40.14 | 39.96 | 42.67 |
February 3, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $3,074,976K ÷ $83,590K
= 36.79
Designer Brands Inc's receivables turnover ratio has fluctuated over the past several quarters. The receivables turnover indicates how efficiently the company is collecting its accounts receivable.
The trend shows a general improvement in the ratio over time, suggesting that the company has been able to collect its receivables more quickly. This may indicate effective credit policies and collection practices.
Specifically, the receivables turnover ratio ranged from a low of 11.40 in January 2021 to a high of 55.56 in August 2020. The higher ratios indicate that Designer Brands Inc was able to turn over its receivables more frequently during those periods.
Overall, the company's ability to efficiently collect its accounts receivable has been improving, as seen in the overall trend of increasing receivables turnover ratios. This is a positive sign for the company's liquidity and financial health.
Peer comparison
Feb 3, 2024