La-Z-Boy Incorporated (LZB)
Receivables turnover
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Apr 27, 2024 | Jan 31, 2024 | Jan 27, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 2,091,871 | 2,123,629 | 2,103,008 | 2,107,882 | 2,065,782 | 2,023,682 | 2,004,927 | 1,986,172 | 2,036,024 | 2,085,876 | 2,176,948 | 2,268,020 | 2,318,065 | 2,368,110 | 2,399,478 | 2,430,846 | 2,504,080 | 2,464,321 | 2,431,803 | 2,403,601 |
| Receivables | US$ in thousands | — | — | — | — | 139,213 | — | 119,383 | — | 134,394 | — | 110,857 | — | 125,536 | — | 137,593 | — | 160,035 | — | 156,027 | — |
| Receivables turnover | — | — | — | — | 14.84 | — | 16.79 | — | 15.15 | — | 19.64 | — | 18.47 | — | 17.44 | — | 15.65 | — | 15.59 | — |
January 31, 2025 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $2,091,871K ÷ $—K
= —
The receivables turnover for La-Z-Boy Incorporated has shown fluctuations over the period from April 30, 2022, to January 31, 2025. The turnover ratio indicates how efficiently the company is collecting payments from its customers.
The turnover ratio was not available for certain periods, suggesting that the company may not report financials or have information available during those times.
From the available data, we observe an increasing trend in the receivables turnover ratio from 15.59 on July 30, 2022, to 16.79 on January 27, 2024. This suggests that La-Z-Boy improved its efficiency in collecting receivables during this period.
However, the ratio decreased to 14.84 on April 27, 2024, indicating a potential slowdown in collections efficiency. This might be an area for the company to focus on to expedite receivables collection.
Overall, the trend in the receivables turnover ratio shows variability with periods of improvement and decline. It is essential for the company to continue monitoring this ratio to ensure optimal management of receivables and cash flow.
Peer comparison
Jan 31, 2025