Walmart Inc (WMT)
Receivables turnover
| 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 | Apr 30, 2020 | Jan 31, 2020 | Oct 31, 2019 | Jul 31, 2019 | Apr 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 648,125,000 | 638,785,000 | 630,794,000 | 622,021,000 | 611,289,000 | 600,112,000 | 587,824,000 | 576,013,000 | 572,754,000 | 571,962,000 | 566,145,000 | 562,839,000 | 559,151,000 | 548,743,000 | 542,026,000 | 534,661,000 | 523,964,000 | 521,086,000 | 517,989,000 | 515,640,000 |
| Receivables | US$ in thousands | 8,796,000 | 8,625,000 | 7,891,000 | 7,647,000 | 7,933,000 | 8,218,000 | 7,522,000 | 7,674,000 | 8,280,000 | 7,349,000 | 6,103,000 | 5,797,000 | 6,516,000 | 5,770,000 | 5,111,000 | 5,029,000 | 6,284,000 | 5,612,000 | 5,382,000 | 5,342,000 |
| Receivables turnover | 73.68 | 74.06 | 79.94 | 81.34 | 77.06 | 73.02 | 78.15 | 75.06 | 69.17 | 77.83 | 92.77 | 97.09 | 85.81 | 95.10 | 106.05 | 106.32 | 83.38 | 92.85 | 96.24 | 96.53 |
January 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $648,125,000K ÷ $8,796,000K
= 73.68
The receivables turnover for Walmart Inc has shown fluctuation over the periods provided. The ratio indicates the efficiency of the company in collecting outstanding receivables from its customers during a specific period.
Looking at the trend, we see that the receivables turnover ratio has ranged between 69.17 to 106.32 over the past 20 periods, indicating some variability in collection efficiency. In recent periods, the ratios have been generally high, peaking at 106.32 in January 2020, suggesting a more efficient collection process.
Despite some fluctuations, the trend overall indicates that Walmart has been effectively managing its accounts receivables turnover, with the ratio generally staying at healthy levels. However, it would be beneficial for analysts to further investigate the reasons behind the fluctuations and assess if there are any specific factors driving these changes.
Peer comparison
Jan 31, 2024