Nordstrom Inc (JWN)
Receivables turnover
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 15,016,000 | 14,693,000 | 14,693,000 | 15,530,000 | 15,530,000 |
| Receivables | US$ in thousands | — | 334,000 | — | — | 265,000 |
| Receivables turnover | — | 43.99 | — | — | 58.60 |
January 31, 2025 calculation
Receivables turnover = Revenue ÷ Receivables
= $15,016,000K ÷ $—K
= —
The receivables turnover ratio is a key financial metric that measures how efficiently a company is collecting cash from its credit sales. In the case of Nordstrom Inc, the receivables turnover ratio for January 28, 2023, was 58.60, indicating that the company collected its accounts receivable nearly 59 times during that period. However, for January 31, 2023, and January 31, 2024, the ratio was not provided ("—"), which could suggest incomplete data or changes in reporting practices.
On February 3, 2024, the receivables turnover ratio decreased to 43.99, which might indicate a slower collection of accounts receivable compared to the previous period. A lower receivables turnover ratio could potentially signal issues with credit policies or difficulties in collecting outstanding balances.
For January 31, 2025, the data is also missing ("—"), making it challenging to assess the trend over the long term. In conclusion, while Nordstrom Inc had a high receivables turnover ratio in some periods, the lack of data in certain instances limits a comprehensive analysis of the company's receivables management efficiency.
Peer comparison
Jan 31, 2025