VF Corporation (VFC)
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 | 7,499,160 | 9,877,750 | 10,004,120 | 10,280,410 | 10,459,450 | 10,820,470 | 11,390,860 | 11,437,220 | 11,612,480 | 11,697,530 | 11,791,240 | 11,908,880 | 11,841,840 | 11,599,850 | 10,947,010 | 10,357,090 | 9,238,820 | 8,758,570 | 9,171,780 | 9,956,730 |
Receivables | US$ in thousands | — | 1,343,290 | 1,820,200 | 1,058,760 | 1,276,360 | 1,314,140 | 1,893,070 | 1,214,220 | 1,610,300 | 1,564,960 | 1,834,600 | 1,249,710 | 1,467,840 | 1,495,860 | 1,787,330 | 1,138,810 | 1,298,020 | 1,411,560 | 1,606,480 | 934,984 |
Receivables turnover | — | 7.35 | 5.50 | 9.71 | 8.19 | 8.23 | 6.02 | 9.42 | 7.21 | 7.47 | 6.43 | 9.53 | 8.07 | 7.75 | 6.12 | 9.09 | 7.12 | 6.20 | 5.71 | 10.65 |
March 31, 2025 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $7,499,160K ÷ $—K
= —
The receivables turnover ratio is a measure of how efficiently a company is able to collect on its accounts receivable. It indicates how many times a company collects its average accounts receivable balance during a specific period.
Analyzing the receivables turnover of VF Corporation over the past few years shows fluctuation in the ratio. In June 2020, the turnover ratio was 10.65, indicating that VF Corporation collected its accounts receivable approximately 10.65 times during that year. This high ratio suggests efficient collection practices.
However, the ratio decreased to 5.71 in September 2020, possibly indicating slower collections or changes in the company's credit policies. The ratio started to improve gradually, reaching 9.71 in June 2024, showing a better performance in collecting receivables.
It is worth noting that the receivables turnover ratio in March 2025 is not available. It is important for VF Corporation to closely monitor and manage its receivables turnover to ensure efficient cash flow and timely collection of outstanding payments from customers.
Peer comparison
Mar 31, 2025