Church & Dwight Company Inc (CHD)
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 | 6,107,100 | 6,053,100 | 5,998,400 | 5,941,400 | 5,867,900 | 5,775,900 | 5,637,300 | 5,508,200 | 5,375,600 | 5,308,300 | 5,302,400 | 5,248,400 | 5,190,100 | 5,116,700 | 5,046,300 | 4,969,500 | 4,895,800 | 4,744,700 | 4,593,100 | 4,478,200 |
| Receivables | US$ in thousands | 600,800 | 555,300 | 587,900 | 545,400 | 526,900 | 460,900 | 460,900 | 429,300 | 422,000 | 391,300 | 405,800 | 407,100 | 405,500 | 407,000 | 386,200 | 405,800 | 398,800 | 372,800 | 344,500 | 353,500 |
| Receivables turnover | 10.16 | 10.90 | 10.20 | 10.89 | 11.14 | 12.53 | 12.23 | 12.83 | 12.74 | 13.57 | 13.07 | 12.89 | 12.80 | 12.57 | 13.07 | 12.25 | 12.28 | 12.73 | 13.33 | 12.67 |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ 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 few years, ranging between 10.16 to 13.57. This ratio indicates how efficiently the company is able to collect outstanding receivables from its customers during a specific period.
A high receivables turnover ratio, such as values above 10, suggests that Church & Dwight is efficient in converting its credit sales into cash, indicating good management of accounts receivables. However, a decreasing trend in the ratio over time, as seen in the data, could indicate potential issues with collecting receivables promptly or extending credit to customers who may not be paying in a timely manner.
It is important for the company to monitor this ratio closely to ensure that it remains within an optimal range and to take necessary actions to improve collection processes if needed. Overall, the stability of the receivables turnover ratio for Church & Dwight indicates a generally effective management of receivables, although a slight decline in recent periods may warrant further investigation.
Peer comparison
Dec 31, 2024