The Boeing Company (BA)
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 | 66,517,000 | 73,293,000 | 73,557,000 | 76,442,000 | 77,794,000 | 75,756,000 | 73,608,000 | 70,538,000 | 66,608,000 | 61,421,000 | 60,743,000 | 61,060,000 | 62,286,000 | 62,797,000 | 61,658,000 | 56,467,000 | 58,158,000 | 60,765,000 | 66,606,000 | 70,550,000 |
| Receivables | US$ in thousands | 2,631,000 | 2,894,000 | 3,155,000 | 2,959,000 | 2,649,000 | 3,032,000 | 2,945,000 | 2,862,000 | 2,517,000 | 2,673,000 | 2,996,000 | 2,407,000 | 2,641,000 | 2,247,000 | 2,490,000 | 2,356,000 | 1,955,000 | 2,762,000 | 2,793,000 | 3,211,000 |
| Receivables turnover | 25.28 | 25.33 | 23.31 | 25.83 | 29.37 | 24.99 | 24.99 | 24.65 | 26.46 | 22.98 | 20.27 | 25.37 | 23.58 | 27.95 | 24.76 | 23.97 | 29.75 | 22.00 | 23.85 | 21.97 |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $66,517,000K ÷ $2,631,000K
= 25.28
The receivables turnover ratio for The Boeing Company over the period from March 31, 2020, to December 31, 2024, ranged from a low of 20.27 to a high of 29.75. This ratio measures how efficiently the company is able to collect payments from its customers during a specific period.
A higher receivables turnover ratio indicates that the company is collecting payments from customers more quickly, which is generally seen as a positive sign of strong liquidity and effective credit management. Conversely, a lower ratio may suggest potential issues with collecting payments on time or inefficient credit policies.
Analyzing the fluctuations in the receivables turnover ratio can provide insights into changes in the company's credit management practices, sales policies, or customer payment behaviors. For The Boeing Company, the ratio has shown some variability over the period, but generally, it has remained within a reasonable range.
It is essential for stakeholders to monitor the receivables turnover ratio over time to assess the effectiveness of the company's credit and collection processes and identify any potential areas for improvement to maintain healthy cash flow and financial stability.
Peer comparison
Dec 31, 2024