Nordstrom Inc (JWN)
Receivables turnover
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 3, 2024 | Jan 31, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 15,016,000 | 15,113,000 | 16,069,000 | 15,495,000 | 15,480,000 | 14,832,000 | 14,184,000 | 14,045,000 | 13,906,000 | 14,453,000 | 15,000,000 | 15,365,000 | 15,730,000 | 15,506,000 | 15,282,000 | 15,305,000 | 16,245,000 | 16,636,000 | 16,178,000 | 16,246,000 |
| Receivables | US$ in thousands | — | — | — | — | 334,000 | — | — | 322,000 | — | 246,000 | — | 279,000 | — | 265,000 | — | 288,000 | — | 300,000 | — | — |
| Receivables turnover | — | — | — | — | 46.35 | — | — | 43.62 | — | 58.75 | — | 55.07 | — | 58.51 | — | 53.14 | — | 55.45 | — | — |
January 31, 2025 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $15,016,000K ÷ $—K
= —
The receivables turnover ratio indicates the efficiency with which Nordstrom Inc is able to collect on its accounts receivable over a specific period. Looking at the provided data, Nordstrom Inc's receivables turnover ratio has varied over the reported periods.
- The receivables turnover ratio was not available for January 31, 2022, April 30, 2022, July 31, 2022, and subsequent periods until July 31, 2023, indicating that specific data was not reported or calculated for these periods. This lack of data may raise questions regarding the accuracy or completeness of the financial reporting.
- From July 30, 2022, to July 29, 2023, the receivables turnover ratio ranged between 55.45 and 58.75, suggesting that Nordstrom Inc managed to collect its accounts receivable effectively during these periods. A higher turnover ratio generally indicates that the company is efficient in collecting payments from its customers.
- However, there was a noticeable decrease in the receivables turnover ratio reported on October 28, 2023, where the ratio dropped to 43.62, signifying a potential slowdown in the collection of accounts receivable during that period. This dip in the ratio could be a cause for concern as it may indicate delayed payments from customers or changes in the company's credit policies.
- The subsequent reported ratios were not available until February 3, 2024, where the ratio stood at 46.35. It's important to note that the absence of data for several periods can make it difficult to track the trend of receivables turnover over time and assess the overall effectiveness of Nordstrom Inc in managing its receivables.
In conclusion, while the available data suggests that Nordstrom Inc generally maintains a reasonably efficient receivables turnover ratio, the absence of figures for certain periods and fluctuations in the reported ratios highlight the importance of consistent and transparent financial reporting for a more thorough analysis of the company's receivables management.
Peer comparison
Jan 31, 2025