The Gap, Inc. (GAP)
Receivables turnover
| Feb 1, 2025 | Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 15,086,000 | 14,889,000 | 15,616,000 | 16,670,000 | 13,800,000 |
| Receivables | US$ in thousands | 301,000 | 289,000 | 340,000 | 399,000 | 363,000 |
| Receivables turnover | 50.12 | 51.52 | 45.93 | 41.78 | 38.02 |
February 1, 2025 calculation
Receivables turnover = Revenue ÷ Receivables
= $15,086,000K ÷ $301,000K
= 50.12
The receivables turnover for The Gap, Inc. has shown a consistent upward trend over the past few years, increasing from 38.02 in January 30, 2021, to 50.12 in February 1, 2025. This indicates that the company is collecting its accounts receivable more efficiently over time. A higher receivables turnover ratio implies that the company is able to convert its accounts receivable into cash more quickly, which is a positive sign of effective credit management and liquidity. It suggests that The Gap, Inc. is effectively managing its credit sales and collecting payments from customers promptly.
Peer comparison
Feb 1, 2025