Western Digital Corporation (WDC)
Receivables turnover
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 9,520,000 | 13,003,000 | 12,318,000 | 18,793,000 | 16,922,000 |
| Receivables | US$ in thousands | 1,840,000 | 2,166,000 | 1,598,000 | 2,804,000 | 2,257,000 |
| Receivables turnover | 5.17 | 6.00 | 7.71 | 6.70 | 7.50 |
June 30, 2025 calculation
Receivables turnover = Revenue ÷ Receivables
= $9,520,000K ÷ $1,840,000K
= 5.17
The receivables turnover ratio for Western Digital Corporation demonstrates variability over the period from June 30, 2021, to June 30, 2025. Specifically, the ratio declined from 7.50 times in 2021 to 6.70 times in 2022, indicating a slight decrease in the efficiency with which the company collects its receivables during that interval. However, in the subsequent year, the ratio increased to 7.71 times, surpassing the 2021 level and suggesting an improvement in receivables collection efficiency.
Following this peak, the ratio experienced a downward trend, falling to 6.00 times in 2024 and further decreasing to 5.17 times in 2025. This sustained decline indicates that the company's ability to collect receivables has weakened over this period, resulting in a longer average collection period and potentially increased accounts receivable balances relative to sales.
Overall, the data shows initial stability and a brief period of enhanced collection efficiency in 2023, followed by a notable deterioration in receivables turnover performance in 2024 and 2025. This trend may reflect changes in credit policies, customer payment behaviors, or broader market conditions impacting the company's accounts receivable management.
Peer comparison
Jun 30, 2025