Deckers Outdoor Corporation (DECK)
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 | 4,985,607 | 4,923,585 | 4,656,735 | 4,437,325 | 4,287,769 | 4,119,582 | 3,904,912 | 3,688,616 | 3,627,286 | 3,571,722 | 3,413,832 | 3,260,120 | 3,150,337 | 2,975,518 | 2,865,528 | 2,767,151 | 2,545,642 | 2,359,364 | 2,220,339 | 2,139,019 |
| Receivables | US$ in thousands | 332,872 | 330,273 | 570,958 | 343,372 | 296,565 | 347,046 | 500,949 | 289,516 | 306,295 | 330,872 | 459,051 | 340,588 | 320,931 | 348,593 | 384,176 | 222,645 | 222,028 | 323,369 | 337,622 | 150,228 |
| Receivables turnover | 14.98 | 14.91 | 8.16 | 12.92 | 14.46 | 11.87 | 7.80 | 12.74 | 11.84 | 10.79 | 7.44 | 9.57 | 9.82 | 8.54 | 7.46 | 12.43 | 11.47 | 7.30 | 6.58 | 14.24 |
March 31, 2025 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $4,985,607K ÷ $332,872K
= 14.98
The receivables turnover ratio for Deckers Outdoor Corporation fluctuated over the periods analyzed, ranging from a low of 6.58 in September 2020 to a high of 14.98 in March 2025. This ratio indicates how efficiently the company is collecting its accounts receivable from customers.
A higher receivables turnover ratio typically suggests that the company is collecting payments from customers quickly, which is favorable as it reduces the risk of bad debts and improves cash flow. Conversely, a lower ratio may indicate potential issues with collecting receivables in a timely manner, which could lead to liquidity problems.
Overall, it is important for Deckers Outdoor Corporation to monitor its receivables turnover consistently to ensure efficient management of its accounts receivable and maintain healthy cash flow levels. The company should aim to strike a balance between extending credit to customers and collecting payments promptly to optimize its financial performance.
Peer comparison
Mar 31, 2025
See also:
Deckers Outdoor Corporation Receivables Turnover (Quarterly Data)