Jabil Circuit Inc (JBL)

Receivables turnover

		Aug 31, 2024	May 31, 2024	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
Revenue (ttm)	US$ in thousands	29,731,000	31,237,000	32,864,000	33,262,000	34,496,000	35,012,000	34,905,000	34,363,000	33,323,000	31,701,450	30,597,290	29,874,810	29,140,990	29,008,250	28,121,180	27,402,560	27,063,170	26,546,240	26,337,560	26,279,490
Receivables	US$ in thousands	—	—	—	—	3,647,000	—	—	—	3,995,000	—	—	—	3,141,000	-26,939	-26,916	-24,479	-25,800	-32,239	-30,191	-30,343
Receivables turnover		—	—	—	—	9.46	—	—	—	8.34	—	—	—	9.28	—	—	—	—	—	—	—

August 31, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $29,731,000K ÷ $—K
= —

The receivables turnover for Jabil Circuit Inc has shown variability over the past few reporting periods with values of 9.46 on August 31, 2023, 8.34 on May 31, 2022, and 9.28 on August 31, 2021. This indicates that the company is collecting its accounts receivable approximately 9 to 9.5 times per year in recent periods. However, there are gaps in the data, as the turnover ratio was not provided for several reporting periods.

A higher receivables turnover ratio generally indicates that the company is efficiently managing its accounts receivable by converting them into cash quickly. A decrease in the turnover ratio could suggest slower collections from customers, potential credit issues, or changes in the company's sales policies.

It would be beneficial to monitor this ratio consistently across all reporting periods to identify any trends or anomalies that may require further investigation or action.