Macy’s Inc (M)
Receivables turnover
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 23,006,000 | 23,866,000 | 23,866,000 | 23,866,000 | 25,449,000 |
| Receivables | US$ in thousands | — | 293,000 | — | — | 300,000 |
| Receivables turnover | — | 81.45 | — | — | 84.83 |
January 31, 2025 calculation
Receivables turnover = Revenue ÷ Receivables
= $23,006,000K ÷ $—K
= —
The receivables turnover for Macy's Inc indicates how efficiently the company collects outstanding payments from its customers. Looking at the data provided, we observe that the receivables turnover was 84.83 for January 28, 2023, and for February 3, 2024, it decreased slightly to 81.45.
However, there is missing data for January 31, 2023, January 31, 2024, and January 31, 2025, denoted by "\u2014". The absence of turnover ratios for these periods hinders a complete trend analysis.
Overall, the available data suggests that Macy's Inc is proficient in converting its accounts receivables into cash, with a relatively high turnover ratio. It is essential to monitor this ratio consistently to ensure the company's liquidity and effectiveness in managing its receivables.
Peer comparison
Jan 31, 2025