Patterson Companies Inc (PDCO)

Receivables turnover

Jan 31, 2025 Oct 31, 2024 Jul 31, 2024 Apr 30, 2024 Apr 27, 2024 Jan 31, 2024 Jan 27, 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
Revenue (ttm) US$ in thousands 6,511,190 6,661,440 6,603,160 6,677,520 6,607,630 6,537,740 6,498,380 6,459,020 6,527,400 6,595,780 6,619,890 6,644,000 6,549,050 6,454,100 6,376,510 6,298,920 6,311,490 6,281,890 6,355,230 6,481,130
Receivables US$ in thousands 547,287 484,530 490,428 408,929 477,384 422,715 454,649 370,347
Receivables turnover 12.07 13.41 13.31 16.19 13.72 15.08 13.88 17.16

January 31, 2025 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $6,511,190K ÷ $—K
= —

The receivables turnover for Patterson Companies Inc has shown some fluctuations over the periods provided.

From July 30, 2022, to January 27, 2024, there is a pattern of the receivables turnover ratio declining from 17.16 to 12.07, with intermittent periods where the data is unavailable. This decreasing trend suggests that Patterson Companies Inc is taking longer to collect its accounts receivable over time.

A lower receivables turnover ratio could indicate potential issues with the company's credit policies, collection processes, or the quality of its customers. It may also point towards a reduction in sales or an increase in the average accounts receivable balance.

Overall, it is important for Patterson Companies Inc to monitor and analyze its receivables turnover ratio regularly to ensure the efficient management of its accounts receivable and to address any underlying factors affecting the collection of receivables.


Peer comparison

Jan 31, 2025

Company name
Symbol
Receivables turnover
Patterson Companies Inc
PDCO
Henry Schein Inc
HSIC
8.51
Owens & Minor Inc
OMI