ELF Beauty Inc (ELF)

Receivables turnover

		Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	US$ in thousands	—	1,023,930	578,844	392,155	318,110
Receivables	US$ in thousands	—	123,797	67,928	45,567	40,185
Receivables turnover		—	8.27	8.52	8.61	7.92

March 31, 2025 calculation

Receivables turnover = Revenue ÷ Receivables
= $—K ÷ $—K
= —

Based on the data provided, ELF Beauty Inc's receivables turnover has shown a consistent trend over the past few years. The receivables turnover ratio measures how efficiently the company is able to collect payments from its customers.

In the fiscal year ending March 31, 2021, the receivables turnover was 7.92, indicating that on average, ELF Beauty collected payments from customers approximately 7.92 times during that year. This ratio increased to 8.61 in the following fiscal year, suggesting an improvement in the company's ability to collect payments efficiently.

For the fiscal year ending March 31, 2023, the receivables turnover ratio remained relatively stable at 8.52, indicating that ELF Beauty continued to effectively manage its accounts receivable. However, there was a slight decline in the ratio to 8.27 in the fiscal year ending March 31, 2024, which may imply a slight decrease in the efficiency of receivables collection.

Unfortunately, there is no data available for the fiscal year ending March 31, 2025, making it difficult to assess the most recent performance in terms of receivables turnover. Overall, ELF Beauty Inc's receivables turnover has shown a generally positive trend, with the company demonstrating consistent efficiency in collecting payments from its customers over the evaluated period.