Ethan Allen Interiors Inc (ETD)
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 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 614,649 | 622,924 | 626,650 | 636,666 | 646,221 | 664,964 | 704,859 | 740,744 | 791,382 | 833,690 | 845,033 | 849,965 | 817,762 | 766,402 | 745,705 | 716,438 | 685,169 | 598,414 | 571,226 | 566,974 |
| Receivables | US$ in thousands | 6,066 | 7,312 | 5,008 | 6,855 | 6,766 | 7,991 | 6,831 | 11,053 | 11,577 | 15,817 | 10,696 | 8,607 | 17,019 | 11,549 | 7,495 | 7,942 | 9,026 | 11,573 | 8,985 | 13,241 |
| Receivables turnover | 101.33 | 85.19 | 125.13 | 92.88 | 95.51 | 83.21 | 103.19 | 67.02 | 68.36 | 52.71 | 79.00 | 98.75 | 48.05 | 66.36 | 99.49 | 90.21 | 75.91 | 51.71 | 63.58 | 42.82 |
June 30, 2025 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $614,649K ÷ $6,066K
= 101.33
The receivables turnover ratio of Ethan Allen Interiors Inc exhibits notable fluctuations over the period from September 2020 through June 2025. Initially, the ratio stood at 42.82 as of September 30, 2020, indicating the number of times receivables were collected within a fiscal year. This figure increased substantially to 63.58 at the end of 2020, reflecting an improvement in receivables collection efficiency.
Throughout 2021, the ratio continued to trend upward, reaching 90.21 by September and peaking at 99.49 in December. The upward movement indicates a consistent enhancement in receivables management, with the company collecting outstanding receivables more swiftly relative to sales.
In 2022, the ratio demonstrated volatility, declining to 66.36 in March and further decreasing to 48.05 by June, possibly suggesting temporary collection challenges or changes in credit policies. Nonetheless, a sharp recovery occurred later in 2022, with the ratio ascending to 98.75 by September and trending downward to 79.00 in December. The ratio then stabilized in early 2023, with values such as 52.71 in March and 68.36 in June, before rising again to 67.02 in September.
Entering late 2023 and 2024, the ratio exhibits a significant upward trajectory, reaching a high of 125.13 in December 2024—indicative of highly efficient receivables collection—before slightly declining to 83.21 in March 2024, and then climbing again to 95.51 and 92.88 in mid- and late 2024 respectively. In 2025, the ratio maintained strong levels, averaging over 85, with a peak of 101.33 in June.
Overall, the receivables turnover ratio demonstrates periods of substantial improvement and volatility, with peaks suggestive of highly effective receivables management and troughs potentially indicating periods of extended collection cycles. The most recent data reflect a relatively high and stable ratio, indicative of efficient short-term asset management in receivables.
Peer comparison
Jun 30, 2025