ScanSource Inc (SCSC)
Receivables turnover
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 3,040,810 | 3,259,810 | 3,787,720 | 3,529,940 | 3,150,810 |
| Receivables | US$ in thousands | 635,521 | 581,523 | 833,291 | 729,442 | 568,984 |
| Receivables turnover | 4.78 | 5.61 | 4.55 | 4.84 | 5.54 |
June 30, 2025 calculation
Receivables turnover = Revenue ÷ Receivables
= $3,040,810K ÷ $635,521K
= 4.78
The receivables turnover ratios for ScanSource Inc. over the specified periods demonstrate a pattern of fluctuation. As of June 30, 2021, the ratio was 5.54, indicating that the company collected its average accounts receivable approximately 5.54 times during the year. This ratio decreased to 4.84 by June 30, 2022, reflecting a slight slowdown in the collection process or a possible increase in accounts receivable. The downward trend continued into June 30, 2023, with a ratio of 4.55, suggesting further elongation in receivables collection periods.
However, a reversal of this declining trend is observed in June 30, 2024, when the ratio increased to 5.61, signifying a more efficient collection process and a higher frequency of receivables turnover within that year. Nevertheless, the ratio decreased once again to 4.78 by June 30, 2025, indicating a reduction in collection efficiency relative to the previous year.
Overall, the receivables turnover has exhibited volatility, with periods of both decline and improvement. The fluctuations may reflect changes in credit policies, customer payment behaviors, or macroeconomic factors affecting receivables management. The higher turnover ratio observed in June 2024 denotes an improved ability to convert receivables into cash effectively, whereas the subsequent decline suggests some challenges in receivables collection in the recent period.
Peer comparison
Jun 30, 2025