Amgen Inc (AMGN)

Receivables turnover

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Revenue (ttm) US$ in thousands 33,424,000 32,534,000 30,934,000 29,532,000 28,190,000 26,833,000 26,582,000 26,190,000 26,323,000 26,330,000 26,384,000 26,316,000 25,979,000 25,767,000 25,484,000 25,164,000 25,424,000 24,987,000 24,301,000 23,966,000
Receivables US$ in thousands
Receivables turnover

December 31, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $33,424,000K ÷ $—K
= —

The receivables turnover ratio for Amgen Inc is not available based on the provided data as all values are showing as "—". This ratio is typically used to measure how efficiently a company is managing its accounts receivables by indicating how many times the company collects its average accounts receivable balance during a specific period. A higher turnover ratio implies a shorter time to collect receivables and is generally seen as a positive indication of the company's liquidity and collection efficiency. On the other hand, a low turnover ratio may suggest issues with collection processes or that the company is granting too lenient credit terms. Without the specific data points for Amgen Inc's receivables turnover ratio, a detailed analysis of this aspect of the company's financial performance cannot be conducted.


See also:

Amgen Inc Receivables Turnover (Quarterly Data)