Cigna Corp (CI)
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 | 245,305,000 | 230,668,000 | 216,008,000 | 204,145,000 | 195,187,000 | 189,858,000 | 186,023,000 | 182,800,000 | 180,023,000 | 180,040,000 | 179,197,000 | 176,998,000 | 174,286,000 | 170,397,000 | 167,028,000 | 163,141,000 | 160,550,000 | 157,009,000 | 154,629,000 | 154,168,000 |
Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $245,305,000K ÷ $—K
= —
Based on the provided data, the receivables turnover ratio for Cigna Corp is not available for the periods from March 2020 to December 2024. The absence of data for this financial metric indicates that there is insufficient information to calculate the receivables turnover ratio, which is a measure of a company's ability to collect outstanding receivables from customers. It is an important metric that helps assess how efficiently a company is managing its accounts receivable and converting them into cash.
Without the specific values for accounts receivable and sales, it is challenging to analyze Cigna Corp's receivables turnover ratio and draw insights regarding the company's collection efficiency and financial health. Analyzing this ratio over time could have provided valuable information on the effectiveness of Cigna Corp's credit policies, collection practices, and overall liquidity management.
In conclusion, the lack of data on the receivables turnover ratio for Cigna Corp limits the ability to assess the company's performance in managing its accounts receivable effectively. It is essential for investors and stakeholders to have access to this ratio to make informed decisions about the company's financial stability and operational efficiency.
Peer comparison
Dec 31, 2024