Oxford Industries Inc (OXM)
Receivables turnover
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,573,230 | 1,414,130 | 1,145,750 | 748,833 | 1,123,790 |
| Receivables | US$ in thousands | 82,911 | 63,426 | 54,278 | 48,393 | 58,724 |
| Receivables turnover | 18.97 | 22.30 | 21.11 | 15.47 | 19.14 |
February 3, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $1,573,230K ÷ $82,911K
= 18.97
The receivables turnover ratio for Oxford Industries Inc has fluctuated over the past five years. It stood at 18.97 in February 3, 2024, a decrease from the previous year's 22.30. This suggests that the company took longer to collect its accounts receivable in the most recent period compared to the prior year. Despite the decrease, the receivables turnover ratio in 2024 is still higher than the levels observed in 2021 and 2020. Overall, the trend indicates that Oxford Industries Inc has been efficient in managing its accounts receivable turnover, with some variability in performance over the years.
Peer comparison
Feb 3, 2024