Church & Dwight Company Inc (CHD)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 6,107,100 | 5,867,900 | 5,375,600 | 5,190,100 | 4,895,800 |
| Receivables | US$ in thousands | 600,800 | 526,900 | 422,000 | 405,500 | 398,800 |
| Receivables turnover | 10.16 | 11.14 | 12.74 | 12.80 | 12.28 |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $6,107,100K ÷ $600,800K
= 10.16
The receivables turnover ratio for Church & Dwight Company Inc has shown a relatively stable trend over the past five years. From December 31, 2020 to December 31, 2021, there was a slight increase in the ratio from 12.28 to 12.80, indicating that the company was able to collect its accounts receivables more efficiently during that period.
However, in the following years, there was a slight decrease in the receivables turnover ratio. By December 31, 2024, the ratio had decreased to 10.16 from 12.80 in December 31, 2021. This decline may imply that the company is taking longer to collect its accounts receivables, which could be a cause for concern as it may indicate potential issues with credit policies or collection procedures.
Overall, while Church & Dwight Company Inc has maintained a relatively healthy receivables turnover ratio above 10 over the analyzed period, management should closely monitor any further decreases to ensure timely collection of accounts receivables and efficient cash flow management.
Peer comparison
Dec 31, 2024