Science Applications International Corporation Common Stock (SAIC)
Receivables turnover
| Jan 31, 2025 | Nov 1, 2024 | Aug 2, 2024 | May 3, 2024 | Feb 2, 2024 | Nov 3, 2023 | Aug 4, 2023 | May 5, 2023 | Feb 3, 2023 | Oct 28, 2022 | Jul 29, 2022 | Apr 29, 2022 | Jan 28, 2022 | Oct 29, 2021 | Jul 30, 2021 | Apr 30, 2021 | Jan 29, 2021 | Oct 30, 2020 | Jul 31, 2020 | May 1, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 7,479,000 | 7,378,000 | 7,297,000 | 7,263,000 | 7,444,000 | 7,556,000 | 7,570,000 | 7,617,000 | 7,585,000 | 7,434,000 | 7,423,000 | 7,428,000 | 7,310,000 | 7,239,000 | 7,159,000 | 7,087,000 | 6,966,000 | 6,879,000 | 6,691,000 | 6,521,000 |
| Receivables | US$ in thousands | 1,000,000 | 1,022,000 | 946,000 | 934,000 | 914,000 | 1,010,000 | 958,000 | — | 936,000 | 1,059,000 | 1,036,000 | 1,104,000 | 1,015,000 | 1,107,000 | 1,064,000 | 1,023,000 | 962,000 | 1,052,000 | 1,032,000 | — |
| Receivables turnover | 7.48 | 7.22 | 7.71 | 7.78 | 8.14 | 7.48 | 7.90 | — | 8.10 | 7.02 | 7.17 | 6.73 | 7.20 | 6.54 | 6.73 | 6.93 | 7.24 | 6.54 | 6.48 | — |
January 31, 2025 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $7,479,000K ÷ $1,000,000K
= 7.48
The receivables turnover ratio of Science Applications International Corporation Common Stock has shown some fluctuations over the period analyzed. The ratios have ranged between a low of 6.48 in July 2020 and a high of 8.14 in February 2024. Overall, the trend has been relatively stable, with the most recent ratio being 7.48 as of January 31, 2025.
A higher receivables turnover ratio indicates that the company is collecting its accounts receivables more efficiently. This suggests that Science Applications International Corporation is managing its credit policies well and collecting payments from customers in a timely manner.
However, it is important to note that in some periods, such as May 2020 and May 2023, the receivables turnover ratio data is unavailable. This may indicate a change in reporting practices or a lack of data for those specific periods.
Monitoring the receivables turnover ratio over time can provide insights into the company's overall liquidity and efficiency in managing its accounts receivables. An increasing trend in the ratio generally signifies improved financial health, while a decreasing trend may raise concerns about potential liquidity issues or difficulties in collecting outstanding payments.
Peer comparison
Jan 31, 2025