Vail Resorts Inc (MTN)
Receivables turnover
| Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | Oct 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 2,885,191 | 2,889,573 | 2,844,723 | 2,868,483 | 2,889,365 | 2,886,733 | 2,824,963 | 2,629,778 | 2,525,907 | 2,462,973 | 2,175,391 | 1,953,500 | 1,909,710 | 1,782,717 | 1,587,726 | 1,827,720 | 1,963,704 | 2,130,501 | 2,394,401 | 2,319,341 |
| Receivables | US$ in thousands | 375,752 | 342,920 | 138,269 | 105,546 | 381,067 | 351,597 | 160,400 | 118,491 | 383,425 | 267,111 | 167,088 | 108,988 | 345,408 | 208,132 | 117,012 | 208,540 | 106,664 | 100,225 | 105,325 | 87,301 |
| Receivables turnover | 7.68 | 8.43 | 20.57 | 27.18 | 7.58 | 8.21 | 17.61 | 22.19 | 6.59 | 9.22 | 13.02 | 17.92 | 5.53 | 8.57 | 13.57 | 8.76 | 18.41 | 21.26 | 22.73 | 26.57 |
July 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $2,885,191K ÷ $375,752K
= 7.68
The receivables turnover of Vail Resorts Inc has varied over the past few quarters. The data shows that the company's receivables turnover ratio has fluctuated significantly. It was notably high in January 2024 at 20.57, indicating that the company collected its accounts receivable nearly 21 times during that period. This suggests efficient management of its receivables.
However, there were periods, such as in July 2021 and January 2023, where the receivables turnover ratio was comparatively lower at 5.53 and 6.59 respectively, indicating that the company took a longer time to collect its receivables during those periods.
Overall, the trend seems to show some variability in the efficiency of Vail Resorts Inc in collecting its accounts receivable. It would be advisable for the company to monitor this ratio closely to ensure a steady flow of cash from its credit sales.
Peer comparison
Jul 31, 2024