Fabrinet (FN)
Receivables turnover
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 3,419,330 | 2,882,970 | 2,645,240 | 2,262,220 | 1,879,350 |
| Receivables | US$ in thousands | 758,894 | 592,452 | 531,767 | 452,670 | 348,425 |
| Receivables turnover | 4.51 | 4.87 | 4.97 | 5.00 | 5.39 |
June 30, 2025 calculation
Receivables turnover = Revenue ÷ Receivables
= $3,419,330K ÷ $758,894K
= 4.51
The receivables turnover ratio for Fabrinet reflects a gradual decline over the observed period from June 30, 2021 to June 30, 2025. Specifically, the ratio decreased from 5.39 times in 2021 to 4.87 times in 2024, and further declined to 4.51 times by 2025. This downward trend indicates that the company has been collecting its receivables less frequently over time. Such a decrease could suggest a lengthening in the average collection period, possibly due to extended credit terms, increased receivables, or challenges in collection efficiency. Nonetheless, the ratio remains within a relatively stable range, implying that while collection cycles have elongated, they have not undergone dramatic shifts during this period. It is noteworthy that this gradual decline warrants ongoing monitoring to ensure that it does not adversely impact liquidity or cash flow management.
Peer comparison
Jun 30, 2025