Skyline Corporation (SKY)
Receivables turnover
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | — | 2,024,820 | 2,606,560 | 2,207,230 | 1,420,880 |
| Receivables | US$ in thousands | — | 64,632 | 67,296 | 90,536 | 57,481 |
| Receivables turnover | — | 31.33 | 38.73 | 24.38 | 24.72 |
March 31, 2025 calculation
Receivables turnover = Revenue ÷ Receivables
= $—K ÷ $—K
= —
The receivables turnover for Skyline Corporation has shown a varying trend over the past years. In March 31, 2021, the receivables turnover ratio was 24.72, indicating that the company collected its accounts receivable approximately 24.72 times during that fiscal period. This ratio decreased slightly to 24.38 in March 31, 2022.
However, there was a significant improvement in receivables turnover in March 31, 2023, with a ratio of 38.73. This suggests that the company was able to collect its accounts receivable much more efficiently during that year.
In the subsequent years, the receivables turnover remained above 30, indicating that the company continues to manage its receivables effectively. The most recent data for March 31, 2025, is not available.
Overall, the fluctuation in Skyline Corporation's receivables turnover ratio indicates the company's ability to efficiently collect outstanding receivables, with a notable improvement in 2023. Monitoring this ratio can provide insights into the company's credit policies and effectiveness in managing its accounts receivable.
Peer comparison
Mar 31, 2025