Dollar General Corporation (DG)
Receivables turnover
| Jan 31, 2025 | Feb 2, 2024 | Jan 31, 2024 | Feb 3, 2023 | Jan 31, 2023 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 40,612,300 | 38,364,800 | 38,691,600 | 37,633,600 | 37,844,900 |
| Receivables | US$ in thousands | — | 112,262 | — | 135,775 | — |
| Receivables turnover | — | 341.74 | — | 277.18 | — |
January 31, 2025 calculation
Receivables turnover = Revenue ÷ Receivables
= $40,612,300K ÷ $—K
= —
Looking at the receivables turnover ratio of Dollar General Corporation over the past few years, we can see that the ratio was not available for January 31, 2023, and January 31, 2024. However, for February 3, 2023, the receivables turnover ratio was quite high at 277.18, indicating that the company efficiently collected its accounts receivable during that period.
Moreover, on February 2, 2024, the receivables turnover ratio increased further to 341.74, demonstrating an improvement in the company's ability to collect outstanding receivables more quickly.
Overall, the trend suggests that Dollar General has been managing its accounts receivable effectively, with a significant increase in its receivables turnover ratio from 2023 to 2024, indicating strong performance in collecting payments from customers in a timely manner.
Peer comparison
Jan 31, 2025