Amazon.com Inc (AMZN)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 637,551,000 | 571,668,000 | 511,276,000 | 467,958,000 | 384,452,000 |
| Receivables | US$ in thousands | 55,451,000 | 52,253,000 | 42,360,000 | 32,891,000 | 24,542,000 |
| Receivables turnover | 11.50 | 10.94 | 12.07 | 14.23 | 15.67 |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $637,551,000K ÷ $55,451,000K
= 11.50
The receivables turnover for Amazon.com Inc has shown a declining trend over the past five years. The ratio decreased from 15.67 in December 2020 to 11.50 in December 2024. This indicates that Amazon is taking longer to collect payments from its customers over time. A lower receivables turnover may suggest potential issues with the company's credit policies, collection process, or customer payment habits. It is essential for Amazon to closely monitor and improve its receivables turnover to manage its liquidity effectively and ensure timely cash inflows.
Peer comparison
Dec 31, 2024
Company name
Symbol
Receivables turnover
Amazon.com Inc
AMZN
11.50
CDW Corp
CDW
4.20
Chewy Inc
CHWY
72.35
Insight Enterprises Inc
NSIT
2.56
PC Connection Inc
CNXN
4.29