Sysco Corporation (SYY)
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 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 81,371,000 | 80,789,100 | 80,570,600 | 79,707,500 | 78,844,000 | 78,016,100 | 77,512,300 | 76,818,400 | 76,324,700 | 75,553,800 | 73,580,200 | 71,306,400 | 68,636,100 | 65,815,700 | 60,738,200 | 55,977,000 | 51,297,900 | 44,027,560 | 45,901,660 | 49,367,660 |
| Receivables | US$ in thousands | 5,502,000 | 5,487,000 | 5,298,000 | 5,800,000 | 5,346,000 | 5,562,520 | 5,297,370 | 5,344,510 | 5,098,000 | 5,227,390 | 4,933,640 | 5,336,860 | 4,874,850 | 4,824,830 | 4,320,840 | 4,309,880 | 3,790,270 | 3,222,190 | 2,900,040 | 3,115,760 |
| Receivables turnover | 14.79 | 14.72 | 15.21 | 13.74 | 14.75 | 14.03 | 14.63 | 14.37 | 14.97 | 14.45 | 14.91 | 13.36 | 14.08 | 13.64 | 14.06 | 12.99 | 13.53 | 13.66 | 15.83 | 15.84 |
June 30, 2025 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $81,371,000K ÷ $5,502,000K
= 14.79
The receivables turnover ratio for Sysco Corporation exhibits a generally stable but somewhat fluctuating trend over the analyzed periods, reflecting its efficiency in collecting outstanding receivables. Initially, the ratio was approximately 15.84 times as of September 30, 2020, and maintained a similar level through the end of that year, with minor variations.
In early 2021, a decline began, with the ratio decreasing to around 13.66 by March 31, 2021, and further to approximately 12.99 by September 30, 2021. This indicates a period where the company was collecting receivables less frequently, possibly due to changes in credit policies, customer payment behaviors, or operational factors.
From December 2021 onward, the ratio improved, climbing back to about 14.91 by the end of 2022 and maintaining levels close to 14.45 to 14.97 through mid-2023. The ratio shows a slight downward correction to approximately 13.74 by September 2024; however, subsequent periods again saw an upward trend reaching 15.21 at the end of 2024. As of June 30, 2025, the ratio is noted at approximately 14.79.
Overall, the pattern indicates periods of decrease and recovery, with the receivables turnover ratio oscillating within a range roughly between 12.99 and 15.21 times during the reviewed periods. These fluctuations suggest variations in collection efficiency, but the ratio remains within a relatively narrow band, demonstrating that the company has generally maintained stable receivables management over this timeframe.
Peer comparison
Jun 30, 2025