Shoe Carnival Inc (SCVL)
Receivables turnover
Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 3, 2024 | Jan 31, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 31, 2022 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue (ttm) | US$ in thousands | 1,202,885 | 1,220,115 | 1,193,399 | 1,180,617 | 1,200,166 | 1,214,612 | 1,229,058 | 1,190,328 | 1,151,598 | 1,147,762 | 1,143,926 | 1,204,403 | 1,264,880 | 1,286,369 | 1,307,858 | 1,283,724 | 1,255,434 | 1,256,537 | 1,300,605 | 1,339,414 |
Receivables | US$ in thousands | — | — | — | — | 2,593 | — | — | 3,105 | — | 3,961 | — | 3,084 | — | 3,052 | — | 7,762 | — | 10,677 | — | — |
Receivables turnover | — | — | — | — | 462.85 | — | — | 383.36 | — | 289.77 | — | 390.53 | — | 421.48 | — | 165.39 | — | 117.69 | — | — |
January 31, 2025 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $1,202,885K ÷ $—K
= —
The receivables turnover ratio for Shoe Carnival Inc fluctuated over the period provided. It was not calculable for some periods due to missing data. In the available data, the receivables turnover ratio was highest in January 28, 2023, at 421.48, indicating that the company collected its accounts receivable almost 421 times during that period. This suggests efficient management of accounts receivable and a quick conversion of credit sales into cash.
In general, a higher receivables turnover ratio signifies better liquidity and effective credit policies. However, the ratio should be interpreted within the context of the industry and company practices. It is important to monitor this ratio over time to understand trends in the collection of receivables and the overall financial health of Shoe Carnival Inc.
Peer comparison
Jan 31, 2025