Foot Locker Inc (FL)
Receivables turnover
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 3, 2024 | Jan 31, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 7,988,000 | 8,108,000 | 8,531,000 | 8,620,000 | 8,733,000 | 8,229,000 | 7,709,000 | 7,651,000 | 7,590,000 | 8,063,000 | 8,528,000 | 8,773,000 | 9,016,000 | 8,744,000 | 8,480,000 | 8,479,000 | 8,646,000 | 8,922,000 | 9,046,000 | 9,060,000 |
| Receivables | US$ in thousands | — | — | — | — | 160,000 | — | — | — | — | — | — | — | — | 160,000 | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | 54.58 | — | — | — | — | — | — | — | — | 54.65 | — | — | — | — | — | — |
January 31, 2025 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $7,988,000K ÷ $—K
= —
The receivables turnover ratio for Foot Locker Inc has been relatively stable over the period analyzed. The ratio was not available for most of the quarters, indicating a lack of specific data for those periods. However, for the quarters with available data, the receivables turnover ratio was around 54.65 for January 28, 2023, and 54.58 for February 3, 2024.
These figures suggest that Foot Locker Inc is collecting its accounts receivables approximately 54 times a year during those specific periods. A high receivables turnover ratio is generally considered favorable as it indicates that the company is efficient in collecting payments from customers. This efficiency can help improve cash flow and overall liquidity for the business.
It is important for Foot Locker Inc to continue monitoring its receivables turnover ratio regularly to ensure that it remains consistent and at a satisfactory level. Additionally, management should investigate the reasons behind the lack of data for some quarters to ensure the availability of complete financial information for future analysis and decision-making.
Peer comparison
Jan 31, 2025