Donaldson Company Inc (DCI)
Receivables turnover
| Jul 31, 2025 | Apr 30, 2025 | Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 3,690,900 | 3,645,600 | 3,633,400 | 3,640,100 | 3,586,300 | 3,530,400 | 3,478,200 | 3,429,800 | 3,430,800 | 3,441,300 | 3,418,800 | 3,393,000 | 3,306,600 | 3,189,700 | 3,101,500 | 2,978,100 | 2,853,800 | 2,698,100 | 2,562,800 | 2,545,700 |
| Receivables | US$ in thousands | 662,200 | 665,600 | 597,600 | 631,300 | 629,700 | 653,200 | 610,500 | 582,500 | 599,700 | 626,300 | 574,500 | 584,200 | 616,600 | 585,500 | 553,400 | 545,100 | 552,700 | 541,300 | 492,900 | 465,100 |
| Receivables turnover | 5.57 | 5.48 | 6.08 | 5.77 | 5.70 | 5.40 | 5.70 | 5.89 | 5.72 | 5.49 | 5.95 | 5.81 | 5.36 | 5.45 | 5.60 | 5.46 | 5.16 | 4.98 | 5.20 | 5.47 |
July 31, 2025 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $3,690,900K ÷ $662,200K
= 5.57
The receivables turnover ratio for Donaldson Company Inc. demonstrates a generally stable and slightly increasing trend over the analyzed period from October 2020 through July 2025. At the outset, the ratio stood at 5.47 times in October 2020, indicating that receivables were collected approximately 5.5 times annually. Throughout the subsequent periods, minor fluctuations are observed, with the ratio declining slightly to 4.98 in April 2021 before recovering and rising again to around 5.46 by October 2021.
From late 2021 onward, a gradual upward trajectory is evident, culminating in a ratio of 6.08 in January 2025. The ratio reaches its peak at this point, reflecting an increase in the efficiency with which the company collects its receivables, equivalent to approximately 6.1 times annually. A slight decrease follows, with the ratio moving to 5.48 in April 2025, but then stabilizing around 5.57 in July 2025.
This pattern indicates consistent receivable management, with periods of improvement suggesting enhanced collection efficiency or potentially tighter credit policies. The overall trend suggests that Donaldson Company Inc. has been able to effectively manage its receivables, with an increasing frequency of collections over the analyzed timeframe, which can contribute positively to the company's cash flow and liquidity management.