The Gap, Inc. (GAP)
Receivables turnover
| Aug 3, 2024 | May 4, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 15,173,000 | 15,001,000 | 14,889,000 | 14,834,000 | 15,106,000 | 15,415,000 | 15,616,000 | 15,898,000 | 15,802,000 | 16,156,000 | 16,670,000 | 16,569,000 | 16,620,000 | 15,684,000 | 13,800,000 | 14,050,000 | 14,054,000 | 14,784,000 | 16,383,000 | 16,332,000 |
| Receivables | US$ in thousands | — | — | 289,000 | — | — | — | 340,000 | — | — | — | 399,000 | — | — | — | 363,000 | — | — | — | 316,000 | — |
| Receivables turnover | — | — | 51.52 | — | — | — | 45.93 | — | — | — | 41.78 | — | — | — | 38.02 | — | — | — | 51.84 | — |
August 3, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $15,173,000K ÷ $—K
= —
The receivables turnover ratio for The Gap, Inc. has shown a fluctuating trend based on the data provided. The ratio was not available for certain periods, indicating potential data gaps or changes in reporting.
In the periods where the receivables turnover ratio was reported, there were variations in the efficiency of collecting receivables. For example, the ratio was 51.52 for February 3, 2024, and 45.93 for January 28, 2023, indicating that the company collected its outstanding receivables more frequently in those periods.
However, there were periods, such as October 31, 2020, where the receivables turnover ratio was 38.02, suggesting a relatively lower frequency of collecting receivables compared to the periods with higher ratios.
Overall, a higher receivables turnover ratio indicates that the company is collecting its receivables more efficiently, while a lower ratio may signal potential issues with collecting outstanding amounts in a timely manner.
Peer comparison
Aug 3, 2024