Lamb Weston Holdings Inc (LW)
Receivables turnover
| 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 | May 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 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 | 4,212,800 |
| Receivables | US$ in thousands | — | — | — | — | 743,600 | — | 736,200 | — | 766,200 | — | 725,700 | — | 724,200 | — | 500,500 | — | 508,900 | — | 449,500 | — |
| Receivables turnover | — | — | — | — | 8.41 | — | 8.95 | — | 8.82 | — | 8.68 | — | 7.56 | — | 9.85 | — | 9.20 | — | 9.75 | — |
February 28, 2025 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $6,387,400K ÷ $—K
= —
The receivables turnover ratio measures how effectively a company is collecting its accounts receivable during a specific period. A higher turnover ratio indicates that the company is efficiently collecting its receivables.
Looking at the data provided for Lamb Weston Holdings Inc, we can see that the receivables turnover ratio fluctuates over the periods mentioned. The ratio ranges from a low of 7.56 to a high of 9.85.
For example, in August 28, 2022, the receivables turnover ratio was 9.75, indicating that Lamb Weston Holdings Inc collected its accounts receivable approximately 9.75 times during that period. This suggests a relatively efficient collection process during that time frame.
However, in some periods like May 28, 2023, the receivables turnover was 7.56, showing a decrease in the efficiency of collecting receivables compared to the higher turnover ratios. The company may have experienced challenges or delays in collecting outstanding payments during that period.
Overall, analyzing the receivables turnover ratio can provide insights into the company's working capital management and its ability to convert accounts receivable into cash. It is important for Lamb Weston Holdings Inc to monitor this ratio regularly to ensure effective management of their receivables and maintain healthy cash flow.
Peer comparison
Feb 28, 2025