Prestige Brand Holdings Inc (PBH)
Receivables turnover
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,137,760 | 1,125,360 | 1,127,720 | 1,086,810 | 943,365 |
| Receivables | US$ in thousands | 194,293 | 176,775 | 167,016 | 139,330 | 114,671 |
| Receivables turnover | 5.86 | 6.37 | 6.75 | 7.80 | 8.23 |
March 31, 2025 calculation
Receivables turnover = Revenue ÷ Receivables
= $1,137,760K ÷ $194,293K
= 5.86
The receivables turnover ratio for Prestige Brand Holdings Inc has been declining over the past five years. From 8.23 in March 31, 2021, it decreased to 7.80 in March 31, 2022, and further to 6.75 in March 31, 2023. Subsequently, there was a continued decrease to 6.37 in March 31, 2024, and finally to 5.86 in March 31, 2025.
This trend indicates that the company is taking longer to collect on its accounts receivable. A declining receivables turnover ratio may suggest potential issues with collection practices, credit policies, or customer creditworthiness. It is important for the company to assess and improve its receivables management to ensure timely collection and efficient working capital management.
Peer comparison
Mar 31, 2025