Jack In The Box Inc (JACK)

Receivables turnover

		Sep 30, 2024	Jul 7, 2024	Apr 14, 2024	Jan 21, 2024	Sep 30, 2023	Jul 9, 2023	Apr 16, 2023	Jan 22, 2023	Sep 30, 2022	Jul 10, 2022	Apr 17, 2022	Jan 23, 2022	Sep 30, 2021	Jun 30, 2021	Apr 11, 2021	Jan 17, 2021	Sep 30, 2020	Jul 5, 2020	Apr 12, 2020	Jan 19, 2020
Revenue (ttm)	US$ in thousands	1,571,306	1,594,540	1,622,311	1,652,708	1,692,306	1,722,555	1,723,918	1,650,468	1,468,083	1,343,764	1,214,917	1,149,840	1,143,670	1,120,617	1,093,434	1,052,374	1,021,506	987,340	967,424	966,994
Receivables	US$ in thousands	83,567	86,228	102,664	63,251	99,678	82,776	96,657	56,987	103,803	78,490	52,461	55,220	74,335	68,278	86,721	54,702	78,417	88,242	66,331	53,576
Receivables turnover		18.80	18.49	15.80	26.13	16.98	20.81	17.84	28.96	14.14	17.12	23.16	20.82	15.39	16.41	12.61	19.24	13.03	11.19	14.58	18.05

September 30, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $1,571,306K ÷ $83,567K
= 18.80

The receivables turnover ratio of Jack In The Box Inc has shown fluctuations over the past few quarters. The ratio measures how efficiently the company is able to collect payment from its customers. A higher ratio indicates that the company is collecting payments more quickly.

In the most recent quarter, the receivables turnover ratio was 18.80, which was higher than the previous quarter's ratio of 18.49. This suggests that Jack In The Box Inc was able to collect payments from its customers more efficiently in the most recent period.

Looking at the trend over the past few quarters, we see that the ratio has been fluctuating, with some quarters showing higher turnover ratios than others. For example, in Jan 2023, the ratio was 28.96, indicating very efficient collection of receivables, while in Apr 2021, the ratio was lower at 12.61.

Overall, the receivables turnover ratio of Jack In The Box Inc has been relatively healthy, indicating that the company is managing its receivables effectively. However, it would be important to monitor this ratio over time to ensure that the company continues to collect payments efficiently.