Sandisk Corp (SNDK)
Receivables turnover
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 | Jun 30, 2014 | Mar 31, 2014 | Dec 31, 2013 | Sep 30, 2013 | Jun 30, 2013 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 7,355,000 | 7,214,000 | 7,224,000 | 7,013,000 | 6,663,000 | 6,268,740 | 6,106,890 | 5,894,170 | 5,598,370 | 5,564,870 | 5,756,970 | 6,051,180 | 6,447,990 | 6,627,690 | 6,620,300 | 6,498,960 | 6,341,210 | 6,170,000 | 5,983,640 | 5,631,680 |
| Receivables | US$ in thousands | 1,134,000 | 1,032,000 | 912,000 | 1,037,000 | 935,000 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | 6.49 | 6.99 | 7.92 | 6.76 | 7.13 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
June 30, 2025 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $7,355,000K ÷ $1,134,000K
= 6.49
The data indicates that Sandisk Corp's receivables turnover was not available (denoted by '—') for most of the period from June 30, 2013, through March 31, 2016, suggesting either a lack of reported data or negligible activity in receivables during that timeframe. Starting from June 30, 2024, the receivables turnover figures are provided, reflecting a notable increase compared to the previous periods with no data. Specifically, the receivables turnover rate was 7.13 times as of June 30, 2024, slightly decreasing to 6.76 times by September 30, 2024, followed by an increase to 7.92 times by December 31, 2024. Subsequently, the rate declined marginally to 6.99 times in March 2025 and further to 6.49 times by June 30, 2025.
This pattern suggests an improvement in the efficiency with which Sandisk collects its receivables starting in mid-2024, reaching a peak at the end of 2024 before experiencing a slight decline. The fluctuations indicate a responsive management of receivables, potentially influenced by seasonal factors, credit policies, or changes in customer collection behaviors. Overall, the receivables turnover rates from 2024 onward suggest a relatively active collection environment, contrasting sharply with the absence of data in prior years, which may reflect differences in reporting practices, company size, or operational focus during those earlier periods.
Peer comparison
Jun 30, 2025