Shoe Carnival Inc (SCVL)
Receivables turnover
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,202,880 | 1,175,880 | 1,175,880 | 1,262,240 | 1,262,240 |
| Receivables | US$ in thousands | — | 2,593 | — | — | 3,052 |
| Receivables turnover | — | 453.48 | — | — | 413.58 |
January 31, 2025 calculation
Receivables turnover = Revenue ÷ Receivables
= $1,202,880K ÷ $—K
= —
The receivables turnover for Shoe Carnival Inc has shown variations over the past few years. In January 28, 2023, the receivables turnover was calculated at 413.58 times, indicating that the company collected its outstanding receivables 413.58 times during that period. However, data was unavailable for January 31, 2023, and January 31, 2024.
The receivables turnover ratio improved significantly to 453.48 times by February 3, 2024, suggesting that the company was able to manage its receivables more efficiently during that period. Unfortunately, information on the receivables turnover for January 31, 2025 is not provided, making it challenging to assess the trend for that specific period.
Overall, the company's receivables turnover has displayed fluctuations, with improvements noted in some periods. It is essential for Shoe Carnival Inc to consistently monitor and manage its receivables turnover to ensure effective cash flow management and timely collection of outstanding receivables.
Peer comparison
Jan 31, 2025