Amphastar P (AMPH)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 731,967 | 644,395 | 498,987 | 437,768 | 349,846 |
| Receivables | US$ in thousands | 136,289 | 114,943 | 88,804 | 78,804 | 66,005 |
| Receivables turnover | 5.37 | 5.61 | 5.62 | 5.56 | 5.30 |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $731,967K ÷ $136,289K
= 5.37
The receivables turnover for Amphastar P has been relatively stable over the past five years, ranging from 5.30 to 5.62. This indicates that the company is able to efficiently collect cash from its customers, on average, approximately 5.45 times per year. A higher receivables turnover ratio typically suggests a faster collection of receivables, which may indicate effective credit and collection policies. However, it's essential to consider industry benchmarks to fully evaluate the efficiency of Amphastar P's receivables management. Overall, the consistent performance in receivables turnover reflects a healthy liquidity position and potential strong cash flow management within the company.
Peer comparison
Dec 31, 2024