Kohls Corp (KSS)
Receivables turnover
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 17,132,000 | 17,199,000 | 17,430,000 | 17,634,000 | 17,794,000 | 18,287,000 | 18,625,000 | 19,000,000 | 15,554,000 | 15,261,000 | 14,628,000 | 13,777,000 | 16,004,000 | 16,695,000 | 17,428,000 | 18,219,000 | 19,878,000 | 19,848,000 | 19,842,000 | 20,087,000 |
| Receivables | US$ in thousands | 167,000 | — | — | — | 210,000 | — | — | — | 190,000 | — | — | — | 789,000 | 115,000 | — | — | 15,000 | 25,000 | 16,000 | 15,000 |
| Receivables turnover | 102.59 | — | — | — | 84.73 | — | — | — | 81.86 | — | — | — | 20.28 | 145.17 | — | — | 1,325.20 | 793.92 | 1,240.12 | 1,339.13 |
February 3, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $17,132,000K ÷ $167,000K
= 102.59
The receivables turnover ratio for Kohls Corp has shown significant variations over the past few reporting periods. The ratio indicates how efficiently the company is collecting its accounts receivable.
The most recent ratio of 102.59 as of February 3, 2024, indicates that on average, Kohls Corp collected its outstanding receivables approximately 102.59 times during the period. This suggests that the company has been very efficient in collecting payments from its customers.
The previous ratio available was 84.73 as of January 28, 2023, which also demonstrates a high level of efficiency in collecting receivables.
However, there are instances where the receivables turnover ratio was exceptionally high, such as on February 1, 2020, where it stood at 1,325.20, or on August 3, 2019, when it reached 1,240.12. These extremely high ratios may indicate a unique event or anomaly in the reporting period, impacting the interpretation of the ratio.
Overall, the trend suggests that Kohls Corp has been managing its accounts receivable effectively, ensuring timely collection and maintaining healthy cash flows. The fluctuations in the ratio could be due to various factors such as seasonality, changes in credit policies, or specific business events impacting receivables.
Peer comparison
Feb 3, 2024