Ulta Beauty Inc (ULTA)

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	11,295,660	11,362,340	12,386,540	12,323,380	12,086,460	11,061,970	10,037,480	10,182,810	10,328,140	11,025,100	11,722,060	11,426,590	11,131,120	10,201,460	9,271,800	9,278,910	9,669,510	10,101,790	9,800,460	9,450,340
Receivables	US$ in thousands	—	—	—	—	207,939	—	—	202,868	—	174,444	—	190,282	—	199,422	—	200,304	—	180,514	—	—
Receivables turnover		—	—	—	—	58.13	—	—	50.19	—	63.20	—	60.05	—	51.16	—	46.32	—	55.96	—	—

January 31, 2025 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $11,295,660K ÷ $—K
= —

The receivables turnover ratio for Ulta Beauty Inc has shown fluctuations over the periods reported. The ratio is calculated by dividing net credit sales by average accounts receivable. A higher receivables turnover ratio indicates that the company is efficient in collecting payments from its customers.

Based on the data provided, Ulta Beauty's receivables turnover ratio was not available for several periods, denoted by the symbol "—." However, when the ratio was available, it ranged from a low of 46.32 to a high of 63.20.

The increase in the receivables turnover ratio from 46.32 in October 29, 2022, to 63.20 in July 29, 2023, indicates that Ulta Beauty became more efficient in collecting payments from its customers during these periods. This improvement suggests better management of accounts receivable and a potentially healthier liquidity position for the company during those times.

It's worth noting that the ratio was not available for several periods, including the most recent data point on January 31, 2025. This lack of data makes it challenging to provide a comprehensive trend analysis of Ulta Beauty's receivables turnover. Monitoring changes in the receivables turnover ratio over time can provide insights into the company's credit policies, collection efficiency, and overall financial health.