Pure Storage Inc (PSTG)
Receivables turnover
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 4, 2024 | Jan 31, 2024 | Nov 5, 2023 | Oct 31, 2023 | Aug 6, 2023 | Jul 31, 2023 | Apr 30, 2023 | Feb 5, 2023 | Jan 31, 2023 | Nov 6, 2022 | Oct 31, 2022 | Aug 7, 2022 | Jul 31, 2022 | May 8, 2022 | Apr 30, 2022 | Feb 6, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 3,168,164 | 3,076,661 | 3,035,394 | 3,027,768 | 3,097,127 | 2,993,763 | 2,892,629 | 2,725,791 | 2,779,355 | 2,904,587 | 2,884,186 | 2,970,929 | 2,797,671 | 2,634,236 | 2,578,490 | 2,522,845 | 2,576,053 | 2,637,851 | 2,588,067 | 2,454,254 |
| Receivables | US$ in thousands | — | — | — | — | 662,179 | — | 636,324 | — | 525,260 | — | — | 612,491 | — | — | — | — | — | — | — | 542,144 |
| Receivables turnover | — | — | — | — | 4.68 | — | 4.55 | — | 5.29 | — | — | 4.85 | — | — | — | — | — | — | — | 4.53 |
January 31, 2025 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $3,168,164K ÷ $—K
= —
The receivables turnover ratio is a financial metric used to assess how efficiently a company is managing its accounts receivable. It measures the number of times a company collects its average accounts receivable balance during a specific period. A higher receivables turnover ratio indicates that the company is collecting its outstanding receivables more quickly.
Based on the data provided for Pure Storage Inc, we observe fluctuations in the receivables turnover ratio over the years. For example, the ratio was 4.53 on February 6, 2022, increased to 4.85 on February 5, 2023, and then decreased to 4.68 on February 4, 2024. These variations could be due to changes in the company's credit policies, customer payment behaviors, or sales volume.
It is notable that there are multiple instances where the receivables turnover ratio was not reported (denoted by "\u2014"). This lack of data for certain periods could make it challenging to fully evaluate the trend and effectiveness of Pure Storage Inc's accounts receivable management practices.
Overall, Pure Storage Inc's receivables turnover ratio fluctuated over the recorded periods, and a more consistent trend analysis would require additional data points and a deeper understanding of the company's operations and industry dynamics.
Peer comparison
Jan 31, 2025