Cigna Corp (CI)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 244,384,000 | 195,187,000 | 180,031,000 | 174,267,000 | 160,550,000 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $244,384,000K ÷ $—K
= —
Based on the provided data, Cigna Corp's receivables turnover ratio for the years 2020 to 2024 is not available (denoted by '—'). The absence of receivables turnover data prevents a detailed analysis of Cigna Corp's performance in efficiently collecting its accounts receivable during these years.
Receivables turnover ratio measures how effectively a company is managing its credit sales and collecting payments from its customers. A higher receivables turnover ratio generally indicates a more efficient collection process, while a lower ratio may suggest issues with collecting payments in a timely manner.
Without the specific values for receivables turnover, it is challenging to assess Cigna Corp's ability to convert its accounts receivable into cash over the given period. Additional information or data points would be necessary to provide a more thorough analysis of the company's receivables management and financial performance during these years.
Peer comparison
Dec 31, 2024