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