John B Sanfilippo & Son Inc (JBSS)
Receivables turnover
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,066,780 | 999,686 | 955,868 | 858,482 | 880,092 |
| Receivables | US$ in thousands | 84,960 | 72,734 | 69,611 | 66,334 | 56,953 |
| Receivables turnover | 12.56 | 13.74 | 13.73 | 12.94 | 15.45 |
June 30, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $1,066,780K ÷ $84,960K
= 12.56
The receivables turnover ratio of John B Sanfilippo & Son Inc has exhibited some fluctuations over the past five years. The trend shows that the company's ability to efficiently collect its accounts receivable has been relatively stable, with the ratio ranging between 12.56 and 15.45.
In particular, the high turnover ratios in 2020 and 2023 indicate that the company was effectively converting its accounts receivable into cash during those years. However, the slightly lower ratios in 2021 and 2024 suggest a slight decline in the efficiency of receivables collection.
Overall, the company's receivables turnover ratio has remained relatively healthy, indicating that John B Sanfilippo & Son Inc has been managing its accounts receivable effectively, albeit with some variability in performance over the years.
Peer comparison
Jun 30, 2024