Science Applications International Corporation Common Stock (SAIC)
Receivables turnover
| Jan 31, 2025 | Feb 2, 2024 | Feb 3, 2023 | Jan 28, 2022 | Jan 29, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 7,479,000 | 7,444,000 | 7,585,000 | 7,310,000 | 6,966,000 |
| Receivables | US$ in thousands | 1,000,000 | 914,000 | 936,000 | 1,015,000 | 962,000 |
| Receivables turnover | 7.48 | 8.14 | 8.10 | 7.20 | 7.24 |
January 31, 2025 calculation
Receivables turnover = Revenue ÷ Receivables
= $7,479,000K ÷ $1,000,000K
= 7.48
The receivables turnover ratio of Science Applications International Corporation Common Stock has been relatively stable over the past five years, ranging from 7.20 to 8.14. This indicates that the company is efficient in collecting payments from its customers. The slight fluctuations in the ratio suggest that the company has been effectively managing its accounts receivable, with a noticeable improvement in efficiency in February 3, 2023, and February 2, 2024. Overall, the consistent performance of the receivables turnover ratio reflects positively on the company's credit policies and collection procedures.
Peer comparison
Jan 31, 2025