National Beverage Corp (FIZZ)
Receivables turnover
Apr 30, 2025 | Apr 30, 2024 | Apr 27, 2024 | Apr 30, 2023 | Apr 29, 2023 | ||
---|---|---|---|---|---|---|
Revenue | US$ in thousands | 1,201,350 | 1,191,690 | 1,191,690 | 1,172,930 | 1,172,930 |
Receivables | US$ in thousands | 104,157 | 102,837 | 102,837 | 104,918 | 104,918 |
Receivables turnover | 11.53 | 11.59 | 11.59 | 11.18 | 11.18 |
April 30, 2025 calculation
Receivables turnover = Revenue ÷ Receivables
= $1,201,350K ÷ $104,157K
= 11.53
The receivables turnover ratio of National Beverage Corp has exhibited relatively stable performance over the period under review, with slight fluctuations. As of April 29 and April 30, 2023, the receivables turnover stood at 11.18, indicating the company's efficiency in collecting receivables during that fiscal year. By April 27 and April 30, 2024, this ratio increased marginally to 11.59, suggesting a modest improvement in receivables collection efficiency. For the fiscal year ending April 30, 2025, the ratio slightly declined to 11.53, remaining close to the previous year's level. Overall, the data indicates that National Beverage Corp consistently collects its receivables approximately 11 to 12 times annually, reflecting a steady and effective management of accounts receivable with minimal volatility across the measured periods.
Peer comparison
Apr 30, 2025