Dycom Industries Inc (DY)
Receivables turnover
| Jul 27, 2024 | Apr 27, 2024 | Jan 27, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 24, 2020 | Jul 25, 2020 | Apr 25, 2020 | Jan 25, 2020 | Oct 26, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 4,420,565 | 4,261,785 | 4,161,715 | 4,126,726 | 4,033,176 | 3,962,749 | 3,793,400 | 3,637,415 | 3,445,701 | 3,258,566 | 3,113,492 | 3,102,676 | 3,066,967 | 3,106,716 | 3,196,146 | 3,183,084 | 3,245,806 | 3,304,189 | 3,316,765 | 3,327,781 |
| Receivables | US$ in thousands | 1,513,730 | 1,373,870 | 1,246,490 | 1,464,570 | 1,226,100 | 1,187,020 | 1,070,940 | 1,244,590 | 1,125,080 | 1,009,690 | 909,408 | 967,261 | 941,579 | — | 859,863 | 939,755 | 898,754 | 870,791 | 820,632 | 920,012 |
| Receivables turnover | 2.92 | 3.10 | 3.34 | 2.82 | 3.29 | 3.34 | 3.54 | 2.92 | 3.06 | 3.23 | 3.42 | 3.21 | 3.26 | — | 3.72 | 3.39 | 3.61 | 3.79 | 4.04 | 3.62 |
July 27, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $4,420,565K ÷ $1,513,730K
= 2.92
The receivables turnover ratio of Dycom Industries Inc has shown some fluctuations over the past several periods. The ratio measures how efficiently the company is able to collect its outstanding accounts receivable during a given period.
From the data provided, we can see that Dycom's receivables turnover ratio has ranged between 2.82 and 4.04 over the past years. A higher turnover ratio generally indicates that the company is collecting its outstanding receivables more quickly, which is a positive sign of effective credit management.
In analyzing the trend, there is a slight increase in the receivables turnover ratio from October 2019 to January 2020, peaking at 4.04. However, there seems to be a slight decrease and fluctuation in the ratio since then, with some variability in the efficiency of the company's receivables collection.
It is worth noting that the receivables turnover ratio for May 1, 2021, is not available in the data provided. The trend over the periods suggests that Dycom Industries Inc has generally managed its accounts receivable effectively, although there have been some fluctuations. Further analysis and comparison with industry benchmarks could provide a more comprehensive understanding of the company's performance in this area.
Peer comparison
Jul 27, 2024