Intuit Inc (INTU)
Receivables turnover
| Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | Oct 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 16,285,000 | 15,811,000 | 15,086,000 | 14,733,000 | 14,368,000 | 13,934,000 | 13,594,000 | 13,272,000 | 12,726,000 | 12,848,000 | 11,403,000 | 10,319,000 | 9,633,000 | 8,878,000 | 7,710,000 | 7,833,000 | 7,679,000 | 6,857,000 | 7,127,000 | 6,933,000 |
| Receivables | US$ in thousands | 535,000 | 4,000 | 126,000 | 17,000 | 434,000 | 2,000 | 67,000 | 1,038,000 | 1,048,000 | 744,000 | 1,130,000 | 522,000 | 653,000 | 558,000 | 618,000 | 128,000 | 201,000 | 225,000 | 655,000 | 190,000 |
| Receivables turnover | 30.44 | 3,952.75 | 119.73 | 866.65 | 33.11 | 6,967.00 | 202.90 | 12.79 | 12.14 | 17.27 | 10.09 | 19.77 | 14.75 | 15.91 | 12.48 | 61.20 | 38.20 | 30.48 | 10.88 | 36.49 |
July 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $16,285,000K ÷ $535,000K
= 30.44
The receivables turnover of Intuit Inc has fluctuated significantly over the past several quarters, ranging from a low of 10.09 to a high of 6,967.00. The data indicates some irregularities in the collection of receivables, with extreme values such as 6,967.00 and 3,952.75 suggesting possible anomalies in the data.
A more stable trend can be observed in the general range of turnover values, with most quarters falling within the range of 10 to 100 turnover ratio. Overall, the receivables turnover for Intuit Inc appears to have improved in recent quarters, with higher turnover ratios indicating more efficient management of accounts receivable.
It is important for stakeholders to further investigate the extreme values observed in the data to ensure the accuracy and reliability of the receivables turnover figures.
Peer comparison
Jul 31, 2024