Lamb Weston Holdings Inc (LW)
Receivables turnover
| May 31, 2025 | Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | May 26, 2024 | Feb 29, 2024 | Feb 25, 2024 | Nov 30, 2023 | Nov 26, 2023 | Aug 31, 2023 | Aug 27, 2023 | May 31, 2023 | May 28, 2023 | Feb 28, 2023 | Feb 26, 2023 | Nov 30, 2022 | Nov 27, 2022 | Aug 31, 2022 | Aug 28, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 6,451,300 | 6,387,400 | 6,480,200 | 6,337,600 | 6,132,800 | 6,253,000 | 6,381,000 | 6,588,000 | 6,796,600 | 6,759,400 | 6,712,200 | 6,300,500 | 5,896,200 | 5,477,800 | 5,060,200 | 4,932,200 | 4,804,200 | 4,680,800 | 4,554,000 | 4,383,400 |
| Receivables | US$ in thousands | 781,600 | 716,600 | 695,000 | 720,900 | 743,600 | 743,600 | 736,200 | 736,200 | 766,200 | 766,200 | 725,700 | 725,700 | 724,200 | 724,200 | 500,500 | 500,500 | 508,900 | 508,900 | 449,500 | 449,500 |
| Receivables turnover | 8.25 | 8.91 | 9.32 | 8.79 | 8.25 | 8.41 | 8.67 | 8.95 | 8.87 | 8.82 | 9.25 | 8.68 | 8.14 | 7.56 | 10.11 | 9.85 | 9.44 | 9.20 | 10.13 | 9.75 |
May 31, 2025 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $6,451,300K ÷ $781,600K
= 8.25
The receivables turnover ratio for Lamb Weston Holdings Inc. shows a pattern of fluctuations over the observed period. Starting from an approximate value of 9.75 on August 28, 2022, the ratio experienced a slight decline by November 27, 2022, reaching around 9.20. This indicates a modest decrease in the efficiency with which the company collects its accounts receivable during that interval.
Throughout the early 2023 period, the ratio generally trended upward, peaking at approximately 10.11 on February 28, 2023. This suggests an improvement in receivables collection efficiency early in the fiscal year. However, in the subsequent months, there was a noticeable decline, with the ratio falling to about 7.56 by May 28, 2023, reflecting a slowdown in receivables collection or potential extension of credit terms.
Following this trough, the ratio showed signs of recovery, increasing to approximately 8.95 by February 25, 2024, and maintaining levels around 8.25 to 8.89 through the next periods. The highest recorded ratio in this latter part of the period was approximately 9.32 on November 30, 2024, suggesting a return toward previous efficiency levels.
Overall, the data indicates that Lamb Weston Holdings Inc. experienced periods of improved receivables management, especially noticeable in early 2023 and late 2024, interspersed with intervals of lower ratios that may point to more lenient credit policies or delays in collection processes. The fluctuations imply that the company's receivables management efficiency has varied over time but has generally remained within a range of approximately 7.56 to 10.13, with variations potentially influenced by seasonal factors, credit policies, or macroeconomic conditions affecting collection cycles.
Peer comparison
May 31, 2025