Monro Muffler Brake Inc (MNRO)
Receivables turnover
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | — | 1,276,790 | 1,325,380 | 1,359,330 | 1,125,720 |
| Receivables | US$ in thousands | — | 41,093 | 13,294 | 32,729 | 41,236 |
| Receivables turnover | — | 31.07 | 99.70 | 41.53 | 27.30 |
March 31, 2025 calculation
Receivables turnover = Revenue ÷ Receivables
= $—K ÷ $—K
= —
The receivables turnover ratio for Monro Muffler Brake Inc has shown variability over the past few years. In March 2021, the ratio was 27.30, indicating that the company collected its accounts receivable approximately 27.3 times during that period.
There was a significant improvement in receivables turnover by March 2023, with the ratio spiking to 99.70. This sharp increase suggests that Monro Muffler Brake Inc became more efficient in collecting its outstanding receivables during that year.
However, by March 2024, the receivables turnover ratio decreased to 31.07, indicating a potential slowdown in the collection of accounts receivable compared to the previous year.
Unfortunately, there is missing data for March 2025, represented by the symbol "—." Without this data point, it is challenging to assess the receivables turnover for that year and to determine if the trend of improvement or decline continued.
Overall, fluctuating receivables turnover ratios can indicate variations in the company's efficiency in collecting outstanding receivables, which may affect its liquidity and working capital management. Further analysis of the company's receivables management practices and industry benchmarks could provide more insights into its financial performance.
Peer comparison
Mar 31, 2025