Dollar General Corporation (DG)

Receivables turnover

		Feb 2, 2024	Nov 3, 2023	Aug 4, 2023	May 5, 2023	Feb 3, 2023	Oct 28, 2022	Jul 29, 2022	Apr 29, 2022	Jan 28, 2022	Oct 29, 2021	Jul 30, 2021	Apr 30, 2021	Jan 29, 2021	Oct 30, 2020	Jul 31, 2020	May 1, 2020	Jan 31, 2020	Nov 1, 2019	Aug 2, 2019	May 3, 2019
Revenue (ttm)	US$ in thousands	38,447,860	38,794,560	38,593,980	38,264,760	37,633,610	36,118,450	35,185,880	34,414,030	34,062,920	33,864,500	33,545,190	33,579,340	33,667,220	32,410,340	31,242,400	29,579,230	27,753,960	27,246,130	26,672,200	26,133,760
Receivables	US$ in thousands	112,262	197,555	151,730	—	135,775	188,082	93,283	33,576	97,394	120,374	127,011	16,637	90,760	111,139	36,176	—	76,537	—	—	—
Receivables turnover		342.48	196.37	254.36	—	277.18	192.04	377.19	1,024.96	349.74	281.33	264.11	2,018.35	370.95	291.62	863.62	—	362.62	—	—	—

February 2, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $38,447,860K ÷ $112,262K
= 342.48

The receivables turnover ratio for Dollar General Corporation has shown significant fluctuations over the analyzed period. It ranged from as low as 192.04 to as high as 2,018.35, indicating variability in the company's efficiency in collecting outstanding receivables. A higher turnover ratio suggests that the company is collecting its accounts receivable more frequently during the period, demonstrating effective credit and collection practices. Conversely, a lower turnover ratio may indicate issues with collecting receivables promptly.

It is worth noting that in some periods, like in May 2023 and May 2020, the exact receivables turnover ratio was not provided in the table, which possibly suggests missing or incomplete data for those periods. Furthermore, the average receivables turnover ratio over the entire period could be computed to provide a more holistic view of Dollar General Corporation's performance in managing its accounts receivable.