Foot Locker Inc (FL)
Receivables turnover
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 8,155,000 | 8,116,000 | 8,298,000 | 8,499,000 | 8,743,000 | 8,755,000 | 8,770,000 | 8,980,000 | 8,958,000 | 8,806,000 | 8,723,000 | 8,525,000 | 7,548,000 | 7,580,000 | 7,406,000 | 7,103,000 | 8,005,000 | 8,056,000 | 7,984,000 | 7,992,000 |
| Receivables | US$ in thousands | 160,000 | — | — | — | 160,000 | — | — | — | 134,000 | — | — | — | 124,000 | — | — | — | 100,000 | — | — | — |
| Receivables turnover | 50.97 | — | — | — | 54.64 | — | — | — | 66.85 | — | — | — | 60.87 | — | — | — | 80.05 | — | — | — |
February 3, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $8,155,000K ÷ $160,000K
= 50.97
The receivables turnover ratio for Foot Locker Inc shows a fluctuating trend over the past several periods. The ratio indicates how many times a company's accounts receivable is collected during a specific period.
For the periods where data is available:
- There was a receivables turnover of 50.97 on Feb 3, 2024, indicating that accounts receivable turnover was active during that period.
- An absence of data on Oct 28, 2023, and the subsequent periods makes it challenging to assess the trend over the short term.
- On Jan 28, 2023, the receivables turnover increased to 54.64, suggesting a quicker collection of accounts receivable compared to the previous period.
- Jan 29, 2022, saw a higher turnover ratio of 66.85, indicating an even faster collection of accounts receivable compared to the previous periods.
- The highest observed turnover ratio was 80.05 on Feb 1, 2020, indicating an efficient collection of accounts receivable during that period.
In summary, the trend in Foot Locker Inc's receivables turnover ratio has shown variability, with certain periods demonstrating more efficient collections of accounts receivable compared to others. Further analysis across more periods would provide a more comprehensive understanding of the company's receivables management efficiency.
Peer comparison
Feb 3, 2024