Balchem Corporation (BCPC)
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 | 953,684 | 942,379 | 932,387 | 929,558 | 922,439 | 926,271 | 940,590 | 946,031 | 942,358 | 922,960 | 876,562 | 842,234 | 799,023 | 766,603 | 743,874 | 714,864 | 703,644 | 689,458 | 672,913 | 661,112 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $953,684K ÷ $—K
= —
The receivables turnover ratio for Balchem Corporation, as per the provided data, is not available for the period of March 31, 2020, to December 31, 2024, indicating that specific information regarding receivables turnover is not provided in the dataset provided. The receivables turnover ratio is a vital metric that reflects how efficiently a company is managing its receivables and collecting cash from its customers. It is calculated by dividing the net credit sales by the average accounts receivable balance.
In the absence of a specific receivables turnover ratio, it is challenging to assess Balchem Corporation's effectiveness in collecting its receivables within a given period. A high receivables turnover ratio typically indicates that a company is efficiently managing its accounts receivable and collecting payments promptly. On the other hand, a low or decreasing ratio may signal potential issues with credit management, collection practices, or the quality of customers.
To gain a deeper understanding of Balchem Corporation's financial health and operating efficiency, it would be beneficial to have access to the receivables turnover ratio data for further analysis and comparison with industry benchmarks and historical trends.
Peer comparison
Dec 31, 2024