Flowers Foods Inc (FLO)
Receivables turnover
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Oct 7, 2023 | Sep 30, 2023 | Jul 15, 2023 | Jun 30, 2023 | Apr 22, 2023 | Mar 31, 2023 | Dec 31, 2022 | Oct 8, 2022 | Sep 30, 2022 | Jun 30, 2022 | Apr 23, 2022 | Mar 31, 2022 | Dec 31, 2021 | Oct 9, 2021 | Sep 30, 2021 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue (ttm) | US$ in thousands | 5,103,480 | 5,121,390 | 5,130,090 | 5,104,370 | 4,755,600 | 4,854,620 | 5,189,850 | 5,525,080 | 5,379,700 | 5,309,820 | 4,933,500 | 4,528,060 | 4,881,320 | 5,159,080 | 4,984,400 | 4,883,150 | 4,475,020 | 4,056,400 | 4,090,220 | 4,364,590 |
Receivables | US$ in thousands | — | — | — | — | — | 377,141 | — | 439,308 | — | 375,674 | — | — | — | — | — | 338,097 | — | — | — | — |
Receivables turnover | — | — | — | — | — | 12.87 | — | 12.58 | — | 14.13 | — | — | — | — | — | 14.44 | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $5,103,480K ÷ $—K
= —
The receivables turnover ratio for Flowers Foods Inc fluctuated during the period analyzed.
From the available data, we can see that the receivables turnover ratio was not calculable for most of the periods, as the receivables were not provided or were zero. However, for the periods ending on April 23, 2022, April 22, 2023, July 15, 2023, and October 7, 2023, we have data points showing that the receivables turnover ratios were 14.44, 14.13, 12.58, and 12.87, respectively.
A higher receivables turnover ratio indicates that the company is able to collect its accounts receivable more quickly, which can be a positive sign of efficiency in managing its credit sales. Conversely, a lower ratio may suggest potential issues with collecting payments from customers.
Given the limited data points, it is challenging to draw definitive conclusions about the trend of the receivables turnover ratio for Flowers Foods Inc over this period. Further analysis and additional data would be needed to fully understand the company's performance in managing its receivables.
Peer comparison
Dec 31, 2024