RH (RH)
Receivables turnover
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 3, 2024 | Jan 31, 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 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 31, 2022 | Jan 29, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 3,180,753 | 3,048,367 | 2,974,895 | 2,896,465 | 2,867,490 | 2,987,949 | 3,007,166 | 2,995,103 | 2,998,010 | 2,970,030 | 3,176,231 | 3,276,578 | 3,567,306 | 3,737,786 | 3,731,400 | 3,794,632 | 3,674,241 | 3,737,692 | 3,756,281 | 3,842,399 |
| Receivables | US$ in thousands | — | — | — | — | 78,845 | — | — | 88,450 | — | 74,833 | — | 80,706 | — | 79,954 | 176,336 | — | 209,763 | — | — | 66,315 |
| Receivables turnover | — | — | — | — | 36.37 | — | — | 33.86 | — | 39.69 | — | 40.60 | — | 46.75 | 21.16 | — | 17.52 | — | — | 57.94 |
January 31, 2025 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $3,180,753K ÷ $—K
= —
The receivables turnover of RH, a measure of how efficiently the company is collecting payments from its customers, has fluctuated over the period analyzed. The receivables turnover was 57.94 in January 29, 2022, which indicates that on average, RH collected payments approximately 57.94 times during the year. However, the data is missing for some periods such as January 31, 2022, and subsequent dates, making it challenging to track the trend accurately.
In July 30, 2022, the receivables turnover decreased to 17.52, suggesting a slower rate of collection compared to the earlier period. Over the following quarters, there were variations in the receivables turnover rate with figures like 21.16 in October 29, 2022, 46.75 in January 28, 2023, and 40.60 in April 29, 2023.
The receivables turnover remained relatively stable around the 30s range, with values like 39.69 in July 29, 2023, and 33.86 in October 28, 2023. The turnover rate dropped to 36.37 in February 3, 2024, indicating a variation in collection efficiency.
In conclusion, the receivables turnover of RH has shown fluctuation within the range of approximately 17.52 to 57.94 over the analyzed periods. The missing data points make it challenging to provide a comprehensive trend analysis, but it is essential for RH to closely monitor and improve its receivables turnover to ensure efficient cash flow management.