Macy’s Inc (M)
Receivables turnover
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 3, 2024 | Jan 31, 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 | Jan 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 23,006,000 | 23,374,000 | 26,846,000 | 26,788,000 | 26,826,000 | 23,731,000 | 20,636,000 | 20,771,000 | 20,906,000 | 24,152,000 | 27,455,000 | 27,749,000 | 28,043,000 | 25,321,000 | 22,572,000 | 22,644,000 | 26,106,000 | 28,955,000 | 28,774,000 | 28,487,000 |
| Receivables | US$ in thousands | — | — | — | — | 293,000 | — | — | 291,000 | — | 293,000 | — | 255,000 | — | 300,000 | — | 204,000 | — | 219,000 | — | — |
| Receivables turnover | — | — | — | — | 91.56 | — | — | 71.38 | — | 82.43 | — | 108.82 | — | 84.40 | — | 111.00 | — | 132.21 | — | — |
January 31, 2025 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $23,006,000K ÷ $—K
= —
The receivables turnover ratio for Macy's Inc fluctuated over the period under review. It was not calculable for certain dates as indicated by "—". When the ratio was available, we observed varying values, reaching a peak of 132.21 in July 30, 2022, and a low of 71.38 in October 28, 2023.
A high receivables turnover ratio suggests that Macy's is efficiently converting its credit sales into cash, indicating effective management of accounts receivable. Conversely, a lower ratio may signal potential issues with collection of receivables or a slower turnover of receivables.
It is important for Macy's to monitor this ratio consistently to ensure a healthy balance between credit sales and collection efficiency. Further investigation into the reasons behind the fluctuations in the ratio could provide insights into the company's receivables management practices and overall financial performance.
Peer comparison
Jan 31, 2025