Domino's Pizza Inc Common Stock (DPZ)
Receivables turnover
| Dec 31, 2024 | Sep 8, 2024 | Jun 16, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 10, 2023 | Jun 18, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 11, 2022 | Jun 19, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 12, 2021 | Jun 20, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 6, 2020 | Jun 14, 2020 | Mar 22, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 4,706,420 | 4,665,480 | 4,612,720 | 4,539,610 | 4,479,360 | 4,468,620 | 4,509,860 | 4,550,410 | 4,537,160 | 4,488,140 | 4,417,530 | 4,384,820 | 4,357,368 | 4,370,728 | 4,340,457 | 4,228,010 | 4,117,414 | 3,911,194 | 3,764,287 | 3,655,911 |
| Receivables | US$ in thousands | 309,104 | 278,707 | 285,961 | 285,609 | 282,809 | 249,995 | 260,024 | 259,163 | 257,492 | — | — | 246,978 | 255,327 | — | — | 235,789 | 244,560 | — | — | — |
| Receivables turnover | 15.23 | 16.74 | 16.13 | 15.89 | 15.84 | 17.87 | 17.34 | 17.56 | 17.62 | — | — | 17.75 | 17.07 | — | — | 17.93 | 16.84 | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $4,706,420K ÷ $309,104K
= 15.23
The receivables turnover ratio for Domino's Pizza Inc Common Stock has shown some fluctuations over the past few years. The ratio stood at 16.84 for the year ended December 31, 2020, increased to 17.93 as of March 31, 2021, and slightly decreased to 17.07 by the end of December 31, 2021.
For the most recent period reported, the ratio was 17.56 as of March 31, 2023, showing a consistent trend in recovering receivables efficiently. The ratio remained relatively stable around the range of 16 to 18 for the following quarters. However, there was a slight decrease to 15.84 by the end of December 31, 2023, but then it recovered slightly to 15.89 by March 31, 2024.
Overall, the average receivables turnover ratio for Domino's Pizza Inc Common Stock over the years indicates that the company has been effective in converting its receivables into cash. It is essential to continue monitoring this ratio to ensure the company's ability to manage its outstanding receivables efficiently.
Peer comparison
Dec 31, 2024