Lululemon Athletica Inc. (LULU)

Receivables turnover

		Jan 31, 2025	Jan 31, 2024	Jan 28, 2024	Jan 31, 2023	Jan 29, 2023
Revenue	US$ in thousands	10,588,100	9,619,280	9,586,750	8,110,520	8,149,170
Receivables	US$ in thousands	—	—	124,769	—	132,906
Receivables turnover		—	—	76.84	—	61.32

January 31, 2025 calculation

Receivables turnover = Revenue ÷ Receivables
= $10,588,100K ÷ $—K
= —

The receivables turnover ratio measures how efficiently a company is able to collect outstanding receivables from its customers. For Lululemon Athletica Inc., the receivables turnover has fluctuated over the years. In January 2023, the ratio was 61.32, indicating that the company collected its outstanding receivables approximately 61 times throughout the year. However, in January 2024, the ratio improved to 76.84, suggesting an increase in the efficiency of receivables collection.

The absence of data for January 31, 2023, and January 31, 2024, makes it challenging to analyze the trend consistently. It is important to note that a higher receivables turnover ratio generally indicates that a company is efficient in its credit policies and actively collecting outstanding amounts from customers. Further monitoring of this ratio in future periods will provide more insight into Lululemon's receivables management and overall financial health.