Lululemon Athletica Inc. (LULU)

Receivables turnover

		Jan 31, 2025	Oct 31, 2024	Jul 31, 2024	Apr 30, 2024	Jan 31, 2024	Jan 28, 2024	Oct 31, 2023	Oct 29, 2023	Jul 31, 2023	Jul 30, 2023	Apr 30, 2023	Jan 31, 2023	Jan 29, 2023	Oct 31, 2022	Oct 30, 2022	Jul 31, 2022	May 1, 2022	Apr 30, 2022	Jan 31, 2022	Jan 30, 2022
Revenue (ttm)	US$ in thousands	10,588,130	10,181,730	10,987,150	10,820,290	10,815,620	9,819,680	8,826,760	8,623,330	9,190,950	9,773,070	9,420,800	9,276,900	8,373,390	7,205,950	6,962,520	7,234,740	7,510,760	7,337,340	7,174,500	6,496,010
Receivables	US$ in thousands	—	—	—	—	—	124,769	—	107,004	—	106,221	—	—	132,906	—	96,179	—	78,391	—	—	77,001
Receivables turnover		—	—	—	—	—	78.70	—	80.59	—	92.01	—	—	63.00	—	72.39	—	95.81	—	—	84.36

January 31, 2025 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $10,588,130K ÷ $—K
= —

The receivables turnover ratio measures how efficiently a company is managing its receivables by indicating how many times during a period the company collects its average accounts receivable balance. A higher receivables turnover ratio indicates that the company is collecting its receivables more quickly.

Looking at the data provided for Lululemon Athletica Inc., we observe fluctuations in the receivables turnover ratio over time. The values range between 63.00 and 95.81, with some periods marked as "N/A."

During January 30, 2022, the receivables turnover ratio was 84.36, suggesting that the company was efficiently collecting its receivables at that time. However, this ratio decreased to 63.00 by January 29, 2023.

The trend in the most recent data points indicates an improvement in the receivables turnover ratio, reaching 80.59 on October 29, 2023, and further rising to 78.70 on January 28, 2024.

The absence of data for certain periods may indicate nuances in the company's operations, such as seasonality or changes in billing practices. It would be important to investigate further to understand the reasons behind the fluctuations in the receivables turnover ratio and determine if they align with the company's overall financial performance and strategy.

In conclusion, based on the data provided, Lululemon Athletica Inc. has demonstrated variability in its receivables turnover ratio over the periods mentioned, suggesting fluctuations in its ability to efficiently collect outstanding receivables. An in-depth analysis of the company's receivables management practices and financial strategies would be beneficial to assess the overall effectiveness of its accounts receivable management.