Jabil Circuit Inc (JBL)

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	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	25,282,320	24,451,590
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	-17,200	-16,951
Receivables turnover		—	—	9.46	—	—	—	8.34	—	—	—	9.28	—	—	—	—	—	—	—	—	—

February 29, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $32,864,000K ÷ $—K
= —

The receivables turnover for Jabil Circuit Inc has displayed some fluctuations over the past several quarters. Specifically, we observe a receivables turnover of 9.46 for the quarter ending August 31, 2023, and 8.34 for the quarter ending May 31, 2023. These figures indicate the number of times receivables were collected during the respective periods.

It is noteworthy that there is missing data for some quarters, which limits the trend analysis. However, based on the available figures, we can see some variability in the efficiency with which Jabil Circuit Inc is collecting on its receivables. A higher turnover ratio implies a more efficient collection process, whereas a lower ratio may indicate delays or difficulties in collecting outstanding receivables.

Further analysis and comparison with industry benchmarks or historical performance would provide more insights into the effectiveness of Jabil Circuit Inc's receivables management and its overall financial health.