RH (RH)
Receivables turnover
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 3,180,750 | 2,836,370 | 3,029,130 | 3,590,480 | 3,539,340 |
| Receivables | US$ in thousands | — | 78,845 | — | — | 79,954 |
| Receivables turnover | — | 35.97 | — | — | 44.27 |
January 31, 2025 calculation
Receivables turnover = Revenue ÷ Receivables
= $3,180,750K ÷ $—K
= —
Based on the data provided, the receivables turnover ratio for RH in January 28, 2023 was 44.27. This indicates that, on average, the company collected its accounts receivable 44.27 times during that fiscal year.
It is noted that data for the receivables turnover ratio is missing for January 31, 2023, January 31, 2024, and January 31, 2025.
In February 3, 2024, the receivables turnover ratio decreased to 35.97, suggesting that the company may be taking longer to collect its accounts receivables compared to the previous period.
Overall, the varying receivables turnover ratios signify fluctuations in the efficiency of RH in converting its accounts receivable into cash throughout the specified periods.