Brinker International Inc (EAT)

Receivables turnover

Jun 30, 2025 Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Dec 23, 2020
Revenue (ttm) US$ in thousands 5,384,200 5,130,500 4,825,700 4,541,600 4,415,100 4,282,400 4,245,300 4,190,200 4,133,200 4,079,200 3,976,400 3,883,200 3,804,100 3,791,200 3,639,200 3,474,100 3,358,400 3,089,900 3,001,600 2,804,100
Receivables US$ in thousands — 60,100 84,100 54,100 60,600 48,000 79,500 50,900 60,900 72,600 95,300 63,200 70,900 65,600 98,800 85,100 88,200 98,100 111,200 111,200
Receivables turnover — 85.37 57.38 83.95 72.86 89.22 53.40 82.32 67.87 56.19 41.73 61.44 53.65 57.79 36.83 40.82 38.08 31.50 26.99 25.22

June 30, 2025 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $5,384,200K ÷ $—K
= —

The receivables turnover ratio for Brinker International Inc exhibits notable fluctuations over the specified periods, reflecting changes in the company's efficiency in collecting receivables from customers.

From December 2020 to March 2021, there is an upward trend, with the ratio increasing from approximately 26.99 to 31.50, indicating improved collection efficiency. This upward momentum continues significantly through the subsequent quarters, reaching a peak of 61.44 in September 2022. The substantial increase suggests that the company was becoming more effective at converting receivables into cash during this period, possibly due to improved credit policies, customer base changes, or collection processes.

Following this peak, the ratio declines somewhat to 41.73 by the end of 2022, before again rising sharply to over 89.22 in March 2024, which signifies an even more efficient collection process during this phase. This period of elevated ratios indicates that Brinker was able to shorten its receivables collection cycle substantially.

In subsequent quarters, the ratio experiences variability, with a decline to approximately 57.38 in December 2024, yet it remains relatively high compared to earlier periods, suggesting continued improvement in receivables management. Notably, the latest data points to a ratio of around 85.37 in March 2025, underscoring sustained efficiency in receivables collection.

Overall, the trend indicates a general improvement in receivables turnover over the analyzed timeline, with significant peaks aligning with periods of operational efficiency and possibly strategic changes aimed at strengthening cash flow. This enhanced collection efficiency could positively impact liquidity and reduce the period between sales and cash realization, although it also warrants monitoring to ensure credit policies do not adversely affect sales volume.