Williams-Sonoma Inc (WSM)
Receivables turnover
| Jan 28, 2024 | Oct 29, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 29, 2023 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | Jan 30, 2022 | Oct 31, 2021 | Aug 1, 2021 | May 2, 2021 | Jan 31, 2021 | Nov 1, 2020 | Aug 2, 2020 | May 3, 2020 | Feb 2, 2020 | Nov 3, 2019 | Aug 4, 2019 | May 5, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 7,750,650 | 7,924,790 | 8,263,710 | 8,538,640 | 8,674,420 | 8,722,370 | 8,577,340 | 8,388,140 | 8,245,940 | 8,043,370 | 7,760,370 | 7,302,810 | 6,788,980 | 6,335,840 | 6,013,770 | 5,893,800 | 5,899,730 | 5,890,850 | 5,805,360 | 5,709,720 |
| Receivables | US$ in thousands | 122,914 | 124,238 | 117,045 | 109,203 | 115,685 | 125,842 | 133,500 | 122,946 | 131,683 | 139,511 | 141,814 | 142,459 | 143,728 | 129,782 | 128,737 | 104,829 | 111,737 | 110,131 | 111,114 | 102,195 |
| Receivables turnover | 63.06 | 63.79 | 70.60 | 78.19 | 74.98 | 69.31 | 64.25 | 68.23 | 62.62 | 57.65 | 54.72 | 51.26 | 47.23 | 48.82 | 46.71 | 56.22 | 52.80 | 53.49 | 52.25 | 55.87 |
January 28, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $7,750,650K ÷ $122,914K
= 63.06
Williams-Sonoma Inc's receivables turnover ratio has shown variability over the past few quarters, ranging from a low of 46.71 to a high of 78.19. The ratio measures how efficiently the company collects cash from its credit customers. A higher ratio indicates that the company is able to collect its accounts receivable more quickly.
The receivables turnover has generally been above 50, indicating that Williams-Sonoma Inc has been efficient in collecting payments from its customers. The peak turnover of 78.19 in April 30, 2023, suggests that the company was particularly effective in collecting receivables during that period.
Overall, the trend in Williams-Sonoma Inc's receivables turnover ratio indicates that the company has been managing its accounts receivable effectively, translating credit sales into cash in a timely manner.