Lamb Weston Holdings Inc (LW)

Receivables turnover

		May 26, 2024	Feb 25, 2024	Nov 26, 2023	Aug 27, 2023	May 28, 2023	Feb 26, 2023	Nov 27, 2022	Aug 28, 2022	May 29, 2022	Feb 27, 2022	Nov 28, 2021	Aug 29, 2021	May 30, 2021	Feb 28, 2021	Nov 29, 2020	Aug 30, 2020	May 31, 2020	Feb 23, 2020	Nov 24, 2019	Aug 25, 2019
Revenue (ttm)	US$ in thousands	6,461,800	6,542,600	6,346,900	5,882,100	5,349,800	4,805,400	4,506,800	4,183,600	4,042,200	3,898,300	3,839,100	3,781,900	3,669,200	3,510,300	3,552,500	3,675,400	3,792,700	3,949,200	3,938,000	3,830,400
Receivables	US$ in thousands	743,600	736,200	766,200	725,700	724,200	500,500	508,900	449,500	447,300	430,600	423,200	401,300	477,900	375,600	353,200	334,800	342,100	368,800	399,700	371,100
Receivables turnover		8.69	8.89	8.28	8.11	7.39	9.60	8.86	9.31	9.04	9.05	9.07	9.42	7.68	9.35	10.06	10.98	11.09	10.71	9.85	10.32

May 26, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $6,461,800K ÷ $743,600K
= 8.69

The receivables turnover of Lamb Weston Holdings Inc has shown consistency over the periods analyzed, with values ranging between 7.39 and 11.09. The highest turnover was recorded in the most recent period, indicating that the company is efficiently collecting payments from customers. This suggests strong credit management practices and effective working capital management. Overall, the trend in receivables turnover reflects a healthy liquidity position for Lamb Weston Holdings Inc, with a consistent ability to convert accounts receivable into cash over the periods analyzed.

Peer comparison

May 26, 2024

Company name

Symbol

Receivables turnover

Lamb Weston Holdings Inc

8.69

Kraft Heinz Co

KHC

12.27

Lancaster Colony Corporation