Lowe's Companies Inc (LOW)
Receivables turnover
| Feb 2, 2024 | Nov 3, 2023 | Aug 4, 2023 | Feb 3, 2023 | Oct 28, 2022 | Jul 29, 2022 | Apr 29, 2022 | Jan 28, 2022 | Oct 29, 2021 | Jul 30, 2021 | Apr 30, 2021 | Jan 29, 2021 | Oct 30, 2020 | Jul 31, 2020 | May 1, 2020 | Jan 31, 2020 | Nov 1, 2019 | Aug 2, 2019 | May 3, 2019 | Feb 1, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 84,597,000 | 89,536,000 | 96,644,000 | 95,481,000 | 94,907,000 | 94,431,000 | 94,574,000 | 95,365,000 | 94,353,000 | 92,681,000 | 92,406,000 | 87,663,000 | 83,405,000 | 79,589,000 | 73,324,000 | 71,431,000 | 71,088,000 | 71,150,000 | 71,081,000 | 70,721,000 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
February 2, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $84,597,000K ÷ $—K
= —
The receivables turnover ratio for Lowe's Companies Inc is not provided in the table. Receivables turnover ratio is a financial ratio that measures how efficiently a company is able to collect on its credit sales during a specific period. It is calculated by dividing net credit sales by average accounts receivable. A higher receivables turnover ratio indicates that the company is collecting its receivables more quickly.
Without the specific data to calculate the receivables turnover ratio for Lowe's, it is not possible to provide an analysis of this particular metric. However, a higher receivables turnover ratio generally indicates that the company has efficient credit management and collection processes in place, which can be seen as a positive indicator of its financial health and liquidity.
Peer comparison
Feb 2, 2024