Deckers Outdoor Corporation (DECK)
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 | 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 | 2,132,689 |
| Receivables | US$ in thousands | 330,273 | 570,958 | 332,607 | 340,124 | 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 | 193,747 |
| Receivables turnover | 14.91 | 8.16 | 13.34 | 12.61 | 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 | 11.01 |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $4,923,585K ÷ $330,273K
= 14.91
Deckers Outdoor Corporation's receivables turnover has shown some fluctuations over the past few years. The ratio measures how efficiently the company is collecting its accounts receivable. Generally, a higher receivables turnover indicates that the company is collecting its receivables more quickly.
Based on the data provided, the receivables turnover ranged from a low of 6.58 on September 30, 2020, to a high of 14.91 on December 31, 2024. The ratio improved significantly from the low in 2020 to the peak in 2024, indicating that the company became more efficient in collecting its receivables during this period.
Overall, Deckers Outdoor Corporation's receivables turnover ratio demonstrates a mixed performance, with fluctuations in efficiency in collecting receivables. It would be important to further analyze the reasons behind these fluctuations and monitor the trend to ensure healthy cash flow management and effective accounts receivable collection processes.
Peer comparison
Dec 31, 2024
See also:
Deckers Outdoor Corporation Receivables Turnover (Quarterly Data)