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.