Dycom Industries Inc (DY)
Receivables turnover
| Jan 31, 2025 | Jan 31, 2024 | Jan 27, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 3,769,880 | 4,175,570 | 4,151,320 | 3,808,460 | 3,784,600 |
| Receivables | US$ in thousands | — | — | 1,246,490 | — | 1,070,940 |
| Receivables turnover | — | — | 3.33 | — | 3.53 |
January 31, 2025 calculation
Receivables turnover = Revenue ÷ Receivables
= $3,769,880K ÷ $—K
= —
The receivables turnover ratio for Dycom Industries Inc has been relatively stable over the period reported. In January 2023, the company's receivables turnover was 3.53 times, indicating that Dycom converted its accounts receivable into cash 3.53 times during that period. However, in January 2024, the ratio decreased slightly to 3.33 times. It's worth noting that the absence of data for the other periods provided makes it challenging to assess the trend fully. A higher receivables turnover ratio generally indicates efficient management of accounts receivable, as the company is collecting its outstanding debts quickly. Conversely, a lower ratio could suggest potential issues with collections or credit policies. Therefore, Dycom may need to further investigate the reasons behind the fluctuations in its receivables turnover to optimize its cash flow and working capital management.
Peer comparison
Jan 31, 2025