Kroger Company (KR)
Receivables turnover
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 3, 2024 | Jan 31, 2024 | Nov 4, 2023 | Oct 31, 2023 | Aug 12, 2023 | Jul 31, 2023 | May 20, 2023 | Apr 30, 2023 | Jan 31, 2023 | Jan 28, 2023 | Nov 5, 2022 | Oct 31, 2022 | Aug 13, 2022 | Jul 31, 2022 | May 21, 2022 | Apr 30, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 147,123,000 | 149,779,000 | 153,209,000 | 153,160,000 | 141,848,000 | 138,644,000 | 135,433,000 | 146,582,000 | 157,790,000 | 158,852,000 | 159,708,000 | 148,775,000 | 137,808,000 | 137,497,000 | 137,426,000 | 147,770,000 | 158,172,000 | 156,709,000 | 154,986,000 | 142,288,000 |
| Receivables | US$ in thousands | — | — | — | — | 2,136,000 | — | 1,938,000 | — | 1,820,000 | — | 1,766,000 | — | — | 2,234,000 | 2,019,000 | — | 1,869,000 | — | 1,887,000 | — |
| Receivables turnover | — | — | — | — | 66.41 | — | 69.88 | — | 86.70 | — | 90.43 | — | — | 61.55 | 68.07 | — | 84.63 | — | 82.13 | — |
January 31, 2025 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $147,123,000K ÷ $—K
= —
The receivables turnover ratio is a measure of how efficiently a company manages its receivables. It indicates how many times a company's accounts receivable is collected during a specific period. A higher receivables turnover ratio typically suggests that the company has a strong ability to collect its outstanding receivables quickly.
Based on the data provided for Kroger Company, we observe the following receivables turnover ratios:
- May 21, 2022: 82.13
- August 13, 2022: 84.63
- November 5, 2022: 68.07
- January 28, 2023: 61.55
- May 20, 2023: 90.43
- August 12, 2023: 86.70
- November 4, 2023: 69.88
- February 3, 2024: 66.41
It is important to note that there are several periods where the receivables turnover ratio is not provided ("—"), which could be due to various reasons such as seasonality, changes in business operations, or data availability.
Overall, the trend in the receivables turnover ratio for Kroger Company fluctuates over the periods provided. The ratios range from the mid-60s to 90s, indicating variability in the company's ability to collect receivables efficiently. Further analysis and comparison with industry benchmarks would be necessary to assess Kroger's performance in managing its accounts receivable effectively.
Peer comparison
Jan 31, 2025