Amgen Inc (AMGN)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 33,424,000 | 28,190,000 | 26,323,000 | 25,979,000 | 25,424,000 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $33,424,000K ÷ $—K
= —
As per the provided data, the receivables turnover ratio for Amgen Inc is unavailable for the years 2020, 2021, 2022, 2023, and 2024. This indicates that there is no information available to calculate the rate at which the company is collecting its accounts receivable during these years. Receivables turnover is a vital metric that helps assess a company's efficiency in collecting outstanding payments from its customers. The lack of data could imply various scenarios, such as insufficient clarity in the financial statements or a strategic shift in the company's accounting practices. Further information would be required to evaluate the company's receivables management and overall financial performance accurately.
Peer comparison
Dec 31, 2024