Dick’s Sporting Goods Inc (DKS)
Receivables turnover
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 3, 2024 | Jan 31, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 13,442,850 | 13,502,590 | 14,321,580 | 13,890,340 | 13,899,980 | 13,170,230 | 12,503,320 | 12,303,100 | 12,102,220 | 12,475,290 | 12,856,580 | 12,973,260 | 13,078,850 | 12,594,560 | 12,090,930 | 11,832,270 | 12,251,700 | 12,486,180 | 12,146,910 | 12,180,570 |
| Receivables | US$ in thousands | — | — | — | — | 118,985 | — | — | 149,909 | — | 153,637 | — | 149,037 | — | 79,473 | — | 91,273 | — | 84,428 | — | — |
| Receivables turnover | — | — | — | — | 116.82 | — | — | 82.07 | — | 81.20 | — | 87.05 | — | 158.48 | — | 129.64 | — | 147.89 | — | — |
January 31, 2025 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $13,442,850K ÷ $—K
= —
The receivables turnover ratio for Dick’s Sporting Goods Inc fluctuated over the period provided in the data. The ratios for July 30, 2022, and January 28, 2023, were relatively high at 147.89 and 158.48, respectively, indicating that the company efficiently collected its accounts receivable during those periods.
However, there was a notable decrease in the receivables turnover ratio in the following quarters, with ratios of 87.05 in April 29, 2023, and 81.20 in July 29, 2023, suggesting a potential slowdown in the collection of receivables during those periods.
Subsequently, the ratio improved slightly to 82.07 in October 28, 2023, and further increased to 116.82 in February 3, 2024. This improvement may indicate a more efficient management of accounts receivable and quicker collection of outstanding payments.
Overall, the data reveals fluctuations in Dick’s Sporting Goods Inc's receivables turnover ratio over the specified periods, highlighting the importance of consistent monitoring and management of accounts receivable to ensure optimal cash flow and liquidity for the business.
Peer comparison
Jan 31, 2025