Balchem Corporation (BCPC)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 953,684 | 922,439 | 942,358 | 799,023 | 703,644 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $953,684K ÷ $—K
= —
The data provided indicates that the receivables turnover for Balchem Corporation for the years 2020 to 2024 is not available ("—"). Receivables turnover is a key financial ratio that measures how efficiently a company is able to collect cash from its customers. A higher receivables turnover ratio typically signifies that the company is effectively managing its accounts receivable and converting them into cash quickly.
However, without specific values for the receivables turnover, it is challenging to provide a detailed analysis of Balchem Corporation's performance in this area over the specified period. It is important for a company to monitor its receivables turnover regularly to assess its credit policies, collection efforts, and overall liquidity management.
If additional data becomes available, a more in-depth analysis could be conducted to evaluate trends and compare Balchem Corporation's receivables turnover with industry benchmarks or historical performance.
Peer comparison
Dec 31, 2024