Applied Materials Inc (AMAT)
Receivables turnover
| Oct 27, 2024 | Jul 28, 2024 | Apr 28, 2024 | 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 | Oct 25, 2020 | Jul 26, 2020 | Apr 26, 2020 | Jan 26, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 27,058,000 | 26,743,000 | 26,339,000 | 26,311,000 | 26,274,000 | 26,319,000 | 26,414,000 | 26,027,000 | 25,590,000 | 24,905,000 | 24,569,000 | 23,924,000 | 22,880,000 | 21,547,000 | 19,794,000 | 18,202,000 | 17,202,000 | 16,268,000 | 15,435,000 | 15,017,000 |
| Receivables | US$ in thousands | 5,354,000 | 5,021,000 | 5,001,000 | 5,011,000 | 5,577,000 | 5,648,000 | 5,933,000 | 5,847,000 | 6,529,000 | 5,532,000 | — | 4,789,000 | 5,546,000 | — | — | 3,212,000 | 3,125,000 | 2,965,000 | 2,749,000 | 2,796,000 |
| Receivables turnover | 5.05 | 5.33 | 5.27 | 5.25 | 4.71 | 4.66 | 4.45 | 4.45 | 3.92 | 4.50 | — | 5.00 | 4.13 | — | — | 5.67 | 5.50 | 5.49 | 5.61 | 5.37 |
October 27, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $27,058,000K ÷ $5,354,000K
= 5.05
The receivables turnover ratio for Applied Materials Inc has shown fluctuations over the periods under review. The ratio indicates how efficiently the company is collecting funds owed by its customers. A higher ratio typically implies better efficiency in collecting outstanding receivables.
From the data provided, there seems to be a general trend of consistency in the receivables turnover ratio, hovering around 4.0 to 5.5, with some minor fluctuations. The company maintained a relatively stable performance in collecting receivables during the recent periods.
However, it is worth noting that there are instances of improvement in the ratio, such as in January 2021 and January 2022, where the ratio increased to 5.67 and 5.00, respectively. This suggests that the company was more effective in converting receivables into cash during those particular periods.
On the other hand, there were periods, like October 2022 and April 2023, where the ratio dropped to 3.92 and 4.45, respectively, indicating a potential slowdown in the collection process.
Overall, the company's receivables turnover ratio reflects a decent level of efficiency in collecting outstanding receivables, with a slight variance in performance observed over the periods analyzed.
Peer comparison
Oct 27, 2024