Amazon.com Inc (AMZN)
Receivables turnover
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 571,668,000 | 550,716,000 | 534,914,000 | 521,895,000 | 511,276,000 | 499,803,000 | 483,634,000 | 475,856,000 | 467,958,000 | 456,610,000 | 442,115,000 | 417,869,000 | 384,831,000 | 346,713,000 | 320,581,000 | 295,093,000 | 279,382,000 | 264,328,000 | 250,961,000 | 240,483,000 |
| Receivables | US$ in thousands | 52,253,000 | 43,420,000 | 39,925,000 | 37,646,000 | 42,360,000 | 36,154,000 | 34,804,000 | 32,504,000 | 32,891,000 | 28,610,000 | 26,835,000 | 24,289,000 | 24,542,000 | 20,832,000 | 19,918,000 | 17,836,000 | 20,816,000 | 16,887,000 | 16,747,000 | 15,979,000 |
| Receivables turnover | 10.94 | 12.68 | 13.40 | 13.86 | 12.07 | 13.82 | 13.90 | 14.64 | 14.23 | 15.96 | 16.48 | 17.20 | 15.68 | 16.64 | 16.10 | 16.54 | 13.42 | 15.65 | 14.99 | 15.05 |
December 31, 2023 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $571,668,000K ÷ $52,253,000K
= 10.94
Based on the data provided, the receivables turnover for Amazon.com Inc. has shown variability over the past 8 quarters. The receivables turnover ratio measures how efficiently a company is able to collect its accounts receivable during a specific period.
In Q1 2022, the receivables turnover was 14.70, indicating that Amazon was able to collect its accounts receivable 14.70 times throughout the quarter. The ratio dropped to 13.96 in Q2 2022 before increasing to 13.89 in Q3 2022.
During Q4 2022, there was a further decrease to 12.13, suggesting a potential delay in collecting receivables compared to previous quarters. However, the ratio improved in Q1 2023 to 13.94 and continued to increase in the subsequent quarters.
The highest receivables turnover ratio was observed in Q2 2023 at 13.48, followed by 12.76 in Q3 2023 and 11.00 in Q4 2023. This fluctuation in the ratio may indicate changes in Amazon's credit policies, customer payment behaviors, or the overall economic environment impacting the collection of accounts receivable.
Overall, the trend in Amazon.com Inc.'s receivables turnover suggests some variability in its ability to efficiently collect accounts receivable over the past two years. Further analysis and comparison with industry benchmarks would provide better insights into the effectiveness of Amazon's accounts receivable management.
Peer comparison
Dec 31, 2023