Lumentum Holdings Inc (LITE)
Receivables turnover
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 1,645,000 | 1,472,600 | 1,413,900 | 1,378,500 | 1,359,200 | 1,421,700 | 1,438,600 | 1,577,800 | 1,767,000 | 1,818,300 | 1,830,300 | 1,771,000 | 1,712,600 | 1,682,600 | 1,706,700 | 1,738,800 | 1,742,800 | 1,718,800 | 1,702,100 | 1,681,100 |
| Receivables | US$ in thousands | 250,000 | 255,700 | 226,900 | 198,500 | 194,700 | 229,800 | 248,300 | 220,000 | 246,100 | 278,000 | 330,500 | 340,500 | 262,000 | 242,200 | 239,200 | 263,200 | 212,800 | 224,800 | 276,700 | 263,600 |
| Receivables turnover | 6.58 | 5.76 | 6.23 | 6.94 | 6.98 | 6.19 | 5.79 | 7.17 | 7.18 | 6.54 | 5.54 | 5.20 | 6.54 | 6.95 | 7.14 | 6.61 | 8.19 | 7.65 | 6.15 | 6.38 |
June 30, 2025 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $1,645,000K ÷ $250,000K
= 6.58
The receivables turnover ratio for Lumentum Holdings Inc. has exhibited fluctuations over the period analyzed, reflecting varying efficiency in collecting accounts receivable. Beginning at 6.38 times as of September 30, 2020, the ratio experienced a notable increase reaching a peak of 8.19 times by June 30, 2021. This suggests an improvement in receivables management and a shorter collection period during this period.
Subsequently, the ratio declined somewhat in the fiscal year ending September 30, 2021, to 6.61 times, and continued a downward trend to reach 5.20 times by September 30, 2022. This reduction indicates a lengthening in the average collection period or potential challenges in receivables management.
In the period following, from December 31, 2022, through mid-2023, the ratio increased again, reaching 7.18 times as of June 30, 2023, and maintained a similar level at 7.17 times as of September 30, 2023. This upward movement suggests an improvement in collection efficiency during this interval.
However, further data points reveal a decline to 5.79 times by December 31, 2023, and a subsequent recovery to approximately 6.98 and 6.94 times by June and September 2024, respectively. The ratio then slightly decreased to 6.23 times as of December 2024, followed by further declines to 5.76 times in March 2025, and a modest increase to 6.58 times in June 2025.
Overall, the receivables turnover ratio demonstrates periods of both strengthening and weakening in collection efficiency, with notable peaks around mid-2021 and mid-2023, and troughs in late 2022 and late 2024. These fluctuations could be indicative of changes in credit policies, customer payment behavior, or broader economic factors impacting receivables collection cycles during the analyzed timeframe.
Peer comparison
Jun 30, 2025