Peabody Energy Corp (BTU)
Receivables turnover
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 4,946,700 | 5,337,800 | 5,601,400 | 5,654,500 | 4,981,900 | 4,620,400 | 3,956,900 | 3,358,400 | 3,318,300 | 2,790,900 | 2,782,900 | 2,686,200 | 2,881,100 | 3,261,300 | 3,696,700 | 4,219,000 | 4,623,400 | 4,903,100 | 5,237,500 | 5,295,600 |
| Receivables | US$ in thousands | 322,300 | 294,100 | 278,500 | 353,200 | 416,300 | 387,100 | 491,000 | 323,400 | 307,000 | 237,200 | 217,300 | 131,200 | 180,900 | 143,400 | 146,300 | 230,000 | 283,100 | 257,100 | 345,600 | 366,600 |
| Receivables turnover | 15.35 | 18.15 | 20.11 | 16.01 | 11.97 | 11.94 | 8.06 | 10.38 | 10.81 | 11.77 | 12.81 | 20.47 | 15.93 | 22.74 | 25.27 | 18.34 | 16.33 | 19.07 | 15.15 | 14.45 |
December 31, 2023 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $4,946,700K ÷ $322,300K
= 15.35
Peabody Energy Corp's receivables turnover has shown varying trends over the past two years. The data reveals that the company's ability to collect receivables has fluctuated, with some quarters demonstrating stronger performance than others.
In the most recent quarter, the receivables turnover ratio was 15.35, indicating that Peabody Energy Corp collected its outstanding receivables approximately 15.35 times during the period. This represents a decline from the previous quarter when the ratio was 18.15.
Looking at a broader historical perspective, the company's receivables turnover has generally been in the double digits, with occasional peaks and troughs. For instance, there was a significant spike in receivables turnover in the second quarter of 2021, reaching 22.74, followed by a downtrend in the subsequent quarters.
Overall, the analysis suggests that Peabody Energy Corp has experienced fluctuations in its ability to efficiently collect on its accounts receivable. Further examination of the underlying reasons behind these fluctuations, such as changes in credit policies, customer payment behaviors, or shifts in the business environment, would provide valuable insights into the company's financial performance and management of working capital.
Peer comparison
Dec 31, 2023