General Mills Inc (GIS)

Receivables turnover

		Feb 28, 2025	Nov 30, 2024	Aug 31, 2024	May 31, 2024	May 26, 2024	Feb 29, 2024	Feb 25, 2024	Nov 30, 2023	Nov 26, 2023	Aug 31, 2023	Aug 27, 2023	May 31, 2023	May 28, 2023	Feb 28, 2023	Feb 26, 2023	Nov 30, 2022	Nov 27, 2022	Aug 31, 2022	Aug 28, 2022	May 31, 2022
Revenue (ttm)	US$ in thousands	19,644,300	19,638,700	19,497,800	19,627,200	20,052,700	20,237,700	20,043,200	19,853,400	19,744,000	19,857,000	20,078,200	20,331,800	20,522,500	20,517,100	20,108,800	20,128,300	19,798,800	19,665,300	19,485,400	19,045,900
Receivables	US$ in thousands	—	—	—	—	1,696,200	—	1,771,100	—	1,758,800	—	1,791,100	—	1,683,200	—	1,770,200	—	1,834,000	—	1,730,400	—
Receivables turnover		—	—	—	—	11.82	—	11.32	—	11.23	—	11.21	—	12.19	—	11.36	—	10.80	—	11.26	—

February 28, 2025 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $19,644,300K ÷ $—K
= —

The receivables turnover ratio for General Mills Inc has shown fluctuations over the periods provided. The ratio indicates how efficiently the company is able to collect outstanding receivables from its customers. A higher ratio generally implies a shorter time to collect receivables, which is a positive sign for the company's cash flow management.

Based on the data provided:
- The receivables turnover ratio ranged from 10.80 to 12.19 during the periods analyzed.
- The ratio was consistently above 10, suggesting that General Mills Inc effectively managed its accounts receivable and collected payments in a timely manner.

However, it is worth noting that there are some periods where the data is not available (indicated by "\u2014"), which may limit the ability to make a comprehensive analysis of the trend over time.

Overall, the receivables turnover ratio for General Mills Inc demonstrates efficiency in collecting receivables, with room for further analysis and monitoring to assess the company's performance in managing its accounts receivable effectively.