Belden Inc (BDC)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 2,460,980 | 2,512,080 | 2,606,480 | 2,301,260 | 1,752,190 |
| Receivables | US$ in thousands | 409,711 | 413,806 | 440,102 | 383,444 | 296,817 |
| Receivables turnover | 6.01 | 6.07 | 5.92 | 6.00 | 5.90 |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $2,460,980K ÷ $409,711K
= 6.01
The receivables turnover ratio for Belden Inc has been relatively stable over the past five years. It increased from 5.90 in December 2020 to 6.00 in December 2021, showing improved efficiency in collecting receivables. However, in the following years, the ratio fluctuated slightly between 5.92 and 6.07, indicating that the company is still managing its receivables effectively. Overall, the consistent range of receivables turnover ratios suggests that Belden Inc has maintained a steady pace in converting its credit sales into cash, reflecting a healthy liquidity position.
Peer comparison
Dec 31, 2024