John Wiley & Sons (WLY)
Receivables turnover
| Apr 30, 2025 | Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 1,677,609 | 1,703,491 | 1,759,570 | 1,825,783 | 1,872,987 | 1,930,653 | 1,961,316 | 1,983,344 | 2,019,900 | 2,039,426 | 2,063,942 | 2,082,109 | 2,082,928 | 2,073,527 | 2,040,555 | 1,998,563 | 1,941,501 | 1,879,866 | 1,864,085 | 1,839,279 |
| Receivables | US$ in thousands | 228,410 | 184,672 | 183,015 | 192,153 | 224,198 | 161,009 | 147,253 | 153,392 | 310,121 | 283,654 | 260,026 | 281,443 | 331,960 | 267,988 | 291,891 | 284,579 | 311,571 | 278,939 | 273,264 | 282,412 |
| Receivables turnover | 7.34 | 9.22 | 9.61 | 9.50 | 8.35 | 11.99 | 13.32 | 12.93 | 6.51 | 7.19 | 7.94 | 7.40 | 6.27 | 7.74 | 6.99 | 7.02 | 6.23 | 6.74 | 6.82 | 6.51 |
April 30, 2025 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $1,677,609K ÷ $228,410K
= 7.34
The receivables turnover ratio for John Wiley & Sons has demonstrated notable fluctuations over the observed period. Historically, the ratio ranged from approximately 6.23 to 7.94 times, indicating periods of relatively efficient collection procedures. Specifically, from July 31, 2020, through October 31, 2022, the ratio generally hovered between around 6.23 and 7.94, reflecting consistent collection performance with some seasonal or operational variations.
A significant increase is evident starting from July 31, 2023, when the ratio sharply rose to 12.93, and further to 13.32 as of October 31, 2023. This substantial jump suggests a marked improvement in receivables management or a reduction in outstanding receivables during that period. The elevated ratio indicates that receivables are being collected more swiftly relative to sales, which can positively impact cash flow and reduce credit risk.
Post this peak, the ratio exhibits a declining trend, with figures such as 11.99 in January 2024, 8.35 in April 2024, and around 9.50 to 9.61 from July to October 2024, approaching closer to the historical range. Continuing into 2025, the ratio shows further decline, settling around 7.34 in April 2025, which aligns more with earlier historical levels.
Overall, the data indicates a period of exceptional receivables collection efficiency in late 2023, followed by a moderate normalization. Variations in the ratio could reflect changes in credit policies, customer payment behaviors, or seasonal factors influencing receivables management. The observed trends suggest that while the company experienced improved collection performance in late 2023, subsequent periods have seen a stabilization or slight decline toward more typical levels.
Peer comparison
Apr 30, 2025