Foot Locker Inc (FL)
Receivables turnover
Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
---|---|---|---|---|---|---|
Revenue | US$ in thousands | 7,988,000 | 8,159,000 | 8,168,000 | 8,759,000 | 8,761,000 |
Receivables | US$ in thousands | — | 160,000 | — | — | 160,000 |
Receivables turnover | — | 50.99 | — | — | 54.76 |
January 31, 2025 calculation
Receivables turnover = Revenue ÷ Receivables
= $7,988,000K ÷ $—K
= —
The receivables turnover ratio for Foot Locker Inc has shown a fluctuating trend over the past few years. In January 28, 2023, the receivables turnover ratio was calculated at 54.76, indicating that the company collected its outstanding receivables 54.76 times during that period. However, in subsequent periods such as January 31, 2023, and January 31, 2024, the data was not available (denoted by "—"), making it challenging to analyze the efficiency of receivables collection during those times.
Moving forward to February 3, 2024, the receivables turnover ratio improved to 50.99, showcasing a relatively strong ability to convert receivables into cash. However, there is a lack of data for January 31, 2025, which limits the ability to monitor the trend in receivables turnover for the most recent period.
Overall, based on the available data, Foot Locker Inc appears to have maintained a reasonably efficient receivables turnover ratio in the periods where information was provided, suggesting effective management of credit sales and collection processes. However, the absence of data for certain periods calls for continued monitoring to assess the company's ongoing performance in this aspect.
Peer comparison
Jan 31, 2025