Kroger Company (KR)
Receivables turnover
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 147,123,000 | 149,598,000 | 150,039,000 | 148,258,000 | 147,723,000 |
| Receivables | US$ in thousands | — | 2,136,000 | — | — | 2,234,000 |
| Receivables turnover | — | 70.04 | — | — | 66.12 |
January 31, 2025 calculation
Receivables turnover = Revenue ÷ Receivables
= $147,123,000K ÷ $—K
= —
The receivables turnover ratio for Kroger Company fluctuated over the years, with a value of 66.12 as of January 28, 2023, and 70.04 as of February 3, 2024. It is notable that there were missing values for January 31, 2023, January 31, 2024, and January 31, 2025, which makes it challenging to track the trend consistently.
The increase in the receivables turnover ratio from 66.12 to 70.04 indicates that Kroger Company was able to collect outstanding receivables more efficiently in 2024 compared to 2023. However, given the missing data points, it is not possible to provide a comprehensive trend analysis or make conclusive judgments about the company's receivables management performance over the entire period.
A higher receivables turnover ratio generally suggests that the company is collecting receivables more quickly, which can be a positive sign of effective credit management. It is advisable for Kroger to monitor its receivables turnover consistently to ensure efficient cash flow management and timely collection of outstanding payments.
Peer comparison
Jan 31, 2025