RPM International Inc (RPM)
Receivables turnover
| May 31, 2025 | May 31, 2024 | May 31, 2023 | May 31, 2022 | May 31, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 7,372,640 | 7,335,280 | 7,256,410 | 6,707,730 | 6,106,290 |
| Receivables | US$ in thousands | 1,509,110 | 1,477,280 | 1,503,040 | 1,432,630 | 1,280,810 |
| Receivables turnover | 4.89 | 4.97 | 4.83 | 4.68 | 4.77 |
May 31, 2025 calculation
Receivables turnover = Revenue ÷ Receivables
= $7,372,640K ÷ $1,509,110K
= 4.89
The receivables turnover ratio of RPM International Inc exhibits minor fluctuations over the analyzed period, indicating relatively stable management of accounts receivable. For the fiscal year ending May 31, 2021, the receivables turnover was 4.77, reflecting the number of times the company collected its average accounts receivable within that year. In the subsequent year ending May 31, 2022, this ratio marginally decreased to 4.68, suggesting a slight slowdown in collection efficiency. Moving into the year ending May 31, 2023, the ratio increased to 4.83, indicating an improvement in receivables collection performance. The subsequent year ending May 31, 2024, demonstrated continued positive movement, with the ratio reaching 4.97, the highest within the observed period. This upward trend suggests a strengthening of receivables management and collection processes. However, in the final year, ending May 31, 2025, the ratio slightly declined to 4.89 but remained close to its peak, implying consistent collection efficiency with minor variations.
Overall, the data reflects a generally stable receivables turnover ratio with a slight upward trend over the period. This stability indicates effective credit and collections management practices, with improvements in collection efficiency noted in the years leading up to 2024. The slight decline in the final year may warrant continued monitoring to ensure it does not signal emerging collection challenges.
Peer comparison
May 31, 2025