Broadcom Inc (AVGO)

Receivables turnover

		Nov 3, 2024	Aug 4, 2024	May 5, 2024	Feb 4, 2024	Oct 29, 2023	Jul 30, 2023	Apr 30, 2023	Jan 29, 2023	Oct 30, 2022	Jul 31, 2022	May 1, 2022	Jan 30, 2022	Oct 31, 2021	Aug 1, 2021	May 2, 2021	Jan 31, 2021	Nov 1, 2020	Aug 2, 2020	May 3, 2020	Feb 2, 2020
Revenue (ttm)	US$ in thousands	51,574,000	46,815,000	42,619,000	38,865,000	35,819,000	35,454,000	35,042,000	34,412,000	33,203,000	31,680,000	29,994,000	28,501,000	27,450,000	26,510,000	25,553,000	24,685,000	23,888,000	23,197,000	22,891,000	22,666,000
Receivables	US$ in thousands	4,416,000	4,665,000	5,500,000	4,969,000	3,154,000	2,914,000	3,031,000	3,234,000	2,958,000	2,708,000	—	2,539,000	2,071,000	—	—	2,524,000	2,297,000	—	—	—
Receivables turnover		11.68	10.04	7.75	7.82	11.36	12.17	11.56	10.64	11.22	11.70	—	11.23	13.25	—	—	9.78	10.40	—	—	—

November 3, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $51,574,000K ÷ $4,416,000K
= 11.68

Broadcom Inc's receivables turnover ratio has shown fluctuations over the past few quarters, ranging from a low of 7.75 to a high of 13.25. This ratio measures how efficiently the company is collecting outstanding receivables during a specific period.

A higher receivables turnover ratio indicates that the company is collecting its receivables more quickly, which is typically seen as a positive sign of effective credit management and liquidity. On the other hand, a lower ratio could indicate potential issues with collecting payments from customers or potentially overly lenient credit terms.

Overall, the trend of Broadcom Inc's receivables turnover ratio seems to show a fairly consistent ability to efficiently collect outstanding receivables, with some variability between quarters. This ratio should be considered in conjunction with other financial metrics and industry benchmarks to get a more comprehensive understanding of the company's financial health.