Universal Corporation (UVV)
Receivables turnover
| 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 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 2,947,284 | 3,015,865 | 2,900,179 | 2,827,901 | 2,748,573 | 2,671,692 | 2,645,224 | 2,657,724 | 2,569,824 | 2,522,818 | 2,380,423 | 2,183,394 | 2,103,601 | 2,074,218 | 2,094,505 | 2,017,575 | 1,983,357 | 1,997,861 | 1,829,979 | 1,928,875 |
| Receivables | US$ in thousands | 633,019 | 650,599 | 604,248 | 496,932 | 530,647 | 468,415 | 424,333 | 448,850 | 414,283 | 542,570 | 520,585 | 367,626 | 389,977 | 402,041 | 360,554 | 331,947 | 368,066 | 360,873 | 377,139 | 254,989 |
| Receivables turnover | 4.66 | 4.64 | 4.80 | 5.69 | 5.18 | 5.70 | 6.23 | 5.92 | 6.20 | 4.65 | 4.57 | 5.94 | 5.39 | 5.16 | 5.81 | 6.08 | 5.39 | 5.54 | 4.85 | 7.56 |
March 31, 2025 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $2,947,284K ÷ $633,019K
= 4.66
The receivables turnover for Universal Corporation has fluctuated over the past few years based on the provided data. The ratio indicates how efficiently the company is able to collect on its credit sales.
We observe that for the latest quarter, ending March 31, 2025, the receivables turnover ratio stands at 4.66. This means that the company collected its outstanding receivables approximately 4.66 times during the quarter.
Looking at the trend over the years, the receivables turnover ratio has shown some variability, ranging from a low of 4.57 on September 30, 2022, to a high of 7.56 on June 30, 2020. This variability suggests potential changes in the company's credit policies, customer payment behaviors, or sales volume.
It is essential for Universal Corporation to monitor its receivables turnover consistently to ensure effective cash flow management and timely collection of outstanding debts. Fluctuations in this ratio may indicate areas for improvement in the company's credit management practices or the need to reassess its credit terms with customers.
Peer comparison
Mar 31, 2025