Greenbrier Companies Inc (GBX)
Receivables turnover
| Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | Aug 31, 2019 | May 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 3,727,000 | 3,986,300 | 3,944,000 | 3,877,300 | 3,632,700 | 3,193,500 | 2,977,700 | 2,626,100 | 2,282,800 | 1,895,600 | 1,747,900 | 1,785,236 | 2,097,593 | 2,425,841 | 2,792,200 | 3,070,009 | 3,163,604 | 3,198,427 | 3,033,591 | 2,808,552 |
| Receivables | US$ in thousands | 20,900 | 10,500 | 42,200 | 29,800 | 22,400 | 28,900 | 39,800 | 129,400 | 106,000 | 106,200 | 112,135 | 75,135 | 62,103 | — | 9,109 | — | — | — | — | — |
| Receivables turnover | 178.33 | 379.65 | 93.46 | 130.11 | 162.17 | 110.50 | 74.82 | 20.29 | 21.54 | 17.85 | 15.59 | 23.76 | 33.78 | — | 306.53 | — | — | — | — | — |
February 29, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $3,727,000K ÷ $20,900K
= 178.33
The receivables turnover ratio for Greenbrier Companies Inc fluctuated over the period analyzed. The highest turnover ratio was observed in November 2023 at 379.65, indicating that the company collected its accounts receivable nearly 380 times during that period. This suggests efficient management of receivables and prompt collection from customers.
The lowest turnover ratio was noted in May 2022 at 20.29. This could indicate a longer collection period for accounts receivable during that period, which may have potential implications for the company's cash flow and liquidity.
Overall, the fluctuation in the receivables turnover ratio suggests varying effectiveness in managing accounts receivable collection throughout the periods analyzed. It is important for Greenbrier Companies Inc to monitor this ratio consistently to ensure timely collections and efficient working capital management.
Peer comparison
Feb 29, 2024