American Water Works (AWK)

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	4,649,000	4,503,000	4,345,000	4,293,000	4,215,000	4,124,000	4,030,000	3,872,000	3,785,000	4,558,000	4,576,000	4,636,000	4,676,000	3,922,000	3,902,000	3,820,000	3,786,000	3,724,000	3,663,000	3,637,000
Receivables	US$ in thousands	756,000	770,000	747,000	665,000	727,000	754,000	757,000	703,000	723,000	631,000	667,000	520,000	519,000	597,000	565,000	493,000	527,000	559,000	505,000	464,000
Receivables turnover		6.15	5.85	5.82	6.46	5.80	5.47	5.32	5.51	5.24	7.22	6.86	8.92	9.01	6.57	6.91	7.75	7.18	6.66	7.25	7.84

December 31, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $4,649,000K ÷ $756,000K
= 6.15

American Water Works' receivables turnover ratio has shown varying trends over the past few years. The ratio, which measures how efficiently the company is collecting payments from customers, ranged from a low of 5.24 in December 2022 to a high of 9.01 in December 2021.

Overall, the company's receivables turnover has generally been within a reasonable range, indicating effective management of accounts receivable. However, there are some fluctuations in the ratio over the periods, which suggests potential changes in the company's credit policies or customer payment behaviors.

It is important for American Water Works to monitor its receivables turnover ratio consistently to ensure timely collection of outstanding payments, optimize cash flow, and maintain a healthy financial position.