Sysco Corporation (SYY)
Receivables turnover
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 81,370,000 | 78,844,000 | 76,325,000 | 68,636,100 | 51,297,800 |
| Receivables | US$ in thousands | 5,502,000 | 5,346,000 | 5,098,000 | 4,874,850 | 3,790,270 |
| Receivables turnover | 14.79 | 14.75 | 14.97 | 14.08 | 13.53 |
June 30, 2025 calculation
Receivables turnover = Revenue ÷ Receivables
= $81,370,000K ÷ $5,502,000K
= 14.79
The receivables turnover ratio for Sysco Corporation demonstrates a generally stable but gradually improving pattern over the five-year period from June 30, 2021, to June 30, 2025. Specifically, the ratio increased from 13.53 times in 2021 to 14.08 times in 2022, indicating a modest enhancement in the efficiency with which the company converts its receivables into cash. This upward trend continued into 2023, reaching 14.97 times, reflecting further improvement in receivables collection efficiency.
In subsequent years, the ratio remained relatively stable, with a slight decline to 14.75 times in 2024, followed by a marginal increase to 14.79 times in 2025. These fluctuations suggest that the company's ability to manage its receivables remained consistent, with minor variations potentially attributable to changes in credit policies, customer payment behaviors, or seasonal factors.
Overall, the trend indicates that Sysco has been effectively managing its accounts receivable, demonstrating slightly increased operational efficiency over the analyzed period. The high and stable ratios suggest efficient credit collection processes, which contribute positively to cash flow management and liquidity positions.
Peer comparison
Jun 30, 2025