Cadence Design Systems Inc (CDNS)

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	4,641,260	4,353,900	4,161,490	4,077,389	4,089,979	3,921,236	3,800,700	3,681,642	3,561,718	3,434,877	3,283,218	3,153,982	2,988,244	2,975,117	2,890,829	2,800,962	2,682,891	2,522,537	2,435,533	2,377,534
Receivables	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Receivables turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $4,641,260K ÷ $—K
= —

The receivables turnover ratio for Cadence Design Systems Inc is not available for the periods provided in the data. Receivables turnover is a financial ratio that measures a company's efficiency in collecting its sales on credit. A higher receivables turnover ratio indicates that the company collects its outstanding accounts receivable more frequently.

Without the specific values for the receivables turnover ratio for Cadence Design Systems Inc, we are unable to assess how effective the company is in collecting its accounts receivable. It is essential to have this ratio to understand the efficiency of the company's credit management and collection policies. An analysis of trends in the receivables turnover ratio over time could provide insights into the company's liquidity management and credit risk.

In the absence of the receivables turnover ratio data, it is recommended for analysts and investors to monitor future financial reports of Cadence Design Systems Inc to assess the company's effectiveness in managing its accounts receivable and its overall financial performance.