Dycom Industries Inc (DY)
Receivables turnover
| Jan 31, 2025 | Oct 31, 2024 | Oct 26, 2024 | Jul 31, 2024 | Jul 27, 2024 | Apr 30, 2024 | Apr 27, 2024 | Jan 31, 2024 | Jan 27, 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 4,557,750 | 4,668,830 | 4,803,840 | 4,683,070 | 4,432,465 | 4,189,320 | 4,183,010 | 4,171,540 | 4,260,625 | 4,344,990 | 4,254,350 | 4,165,750 | 4,041,676 | 3,922,322 | 3,919,272 | 3,914,322 | 3,969,129 | 4,018,056 | 3,851,936 | 3,576,447 |
| Receivables | US$ in thousands | — | — | 1,662,760 | — | 1,513,730 | — | 1,373,870 | — | 1,246,490 | — | 1,464,570 | — | 1,226,100 | — | 1,187,020 | — | 1,070,940 | — | 1,244,590 | — |
| Receivables turnover | — | — | 2.89 | — | 2.93 | — | 3.04 | — | 3.42 | — | 2.90 | — | 3.30 | — | 3.30 | — | 3.71 | — | 3.09 | — |
January 31, 2025 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $4,557,750K ÷ $—K
= —
The receivables turnover ratio is a measure that indicates how efficiently a company is able to collect outstanding credit sales during a specific period. It is calculated by dividing the net credit sales by the average accounts receivable balance. A higher receivables turnover ratio signifies that a company is collecting its receivables more quickly.
Analyzing the receivables turnover ratio of Dycom Industries Inc over the provided periods, we observed fluctuations in the ratio. The ratio varied between 2.89 and 3.71. A trend analysis reveals that the ratio generally ranged between 2.89 and 3.71 over the quarters, without a clear increasing or decreasing pattern.
During the months where the ratio was higher, such as 3.71 in January 28, 2023, Dycom Industries Inc appeared to be more efficient in collecting its outstanding credit sales compared to the months with lower ratios, such as 2.89 in October 26, 2024. However, it is important to note that the ratio of 3.71 in January 28, 2023 was the highest among the provided data points, indicating a potentially strong performance in collecting receivables during that period.
Overall, a consistent and stable receivables turnover ratio indicates that Dycom Industries Inc has been effectively managing its accounts receivable and collecting outstanding credit sales in a timely manner, which is a positive sign for the company's liquidity and cash flow management.
Peer comparison
Jan 31, 2025