RBC Bearings Incorporated (RBC)
Receivables turnover
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,636,300 | 1,560,300 | 1,469,290 | 942,937 | 608,984 |
| Receivables | US$ in thousands | 307,600 | 262,100 | 239,600 | 247,487 | 110,472 |
| Receivables turnover | 5.32 | 5.95 | 6.13 | 3.81 | 5.51 |
March 31, 2025 calculation
Receivables turnover = Revenue ÷ Receivables
= $1,636,300K ÷ $307,600K
= 5.32
The receivables turnover ratio is a measure of how efficiently a company is managing its accounts receivable. It indicates how many times a company collects its average accounts receivable balance during a specific period.
Analyzing the receivables turnover of RBC Bearings Incorporated over the past five years, we observe the following trend:
- As of March 31, 2021, the receivables turnover ratio was 5.51, indicating that the company collected its accounts receivable approximately 5.51 times during that fiscal year.
- In the subsequent year, the receivables turnover ratio decreased to 3.81, suggesting a potential decrease in the efficiency of the company in collecting its receivables.
- However, in the following years, there was an improvement in the receivables turnover ratio. As of March 31, 2023, the ratio increased to 6.13, indicating an enhancement in the efficiency of accounts receivable collection.
- The trend continued with slight fluctuations in the receivables turnover ratio, reaching 5.95 as of March 31, 2024, and 5.32 as of March 31, 2025.
Overall, the fluctuation in the receivables turnover ratio of RBC Bearings Incorporated over the past five years indicates varying efficiency levels in managing its accounts receivable. It is crucial for the company to consistently monitor this ratio to ensure timely collection of receivables and maintain healthy cash flow.
Peer comparison
Mar 31, 2025