Universal Corporation (UVV)
Receivables turnover
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 2,947,280 | 2,748,570 | 2,569,820 | 2,103,600 | 1,983,360 |
| Receivables | US$ in thousands | 633,019 | 530,647 | 414,283 | 389,977 | 368,066 |
| Receivables turnover | 4.66 | 5.18 | 6.20 | 5.39 | 5.39 |
March 31, 2025 calculation
Receivables turnover = Revenue ÷ Receivables
= $2,947,280K ÷ $633,019K
= 4.66
To analyze Universal Corporation's receivables turnover, we will examine the trend over the past five years.
The receivables turnover ratio for Universal Corporation has shown fluctuation over the period. It was 5.39 in both March 31, 2021, and March 31, 2022. The ratio increased to 6.20 on March 31, 2023, indicating that the company collected its receivables more efficiently that year. However, there was a decrease in the ratio to 5.18 on March 31, 2024, suggesting a potential slowdown in the collection of receivables. This trend continued as the ratio dropped further to 4.66 on March 31, 2025, reflecting a possible delay in collecting payments from customers.
Overall, while the receivables turnover ratio for Universal Corporation has shown some variability, it is important for the company to closely monitor its collection efforts to ensure timely receipt of payments from customers and maintain a healthy cash flow position.
Peer comparison
Mar 31, 2025