DaVita HealthCare Partners Inc (DVA)
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 | 12,815,550 | 12,666,620 | 12,524,360 | 12,338,010 | 12,140,150 | 11,911,290 | 11,738,650 | 11,665,040 | 11,609,900 | 11,636,980 | 11,626,610 | 11,616,360 | 11,618,800 | 11,580,150 | 11,565,900 | 11,529,370 | 11,550,610 | 11,543,870 | 11,523,880 | 11,486,600 |
| Receivables | US$ in thousands | 2,557,680 | 2,631,370 | 2,733,120 | 2,991,070 | 2,415,910 | 2,377,790 | 2,366,950 | 2,382,210 | 2,550,650 | 2,493,270 | 2,634,820 | 2,501,740 | 2,410,510 | 2,491,080 | 2,550,680 | 2,604,490 | 2,438,820 | 2,428,210 | 2,428,830 | 2,370,540 |
| Receivables turnover | 5.01 | 4.81 | 4.58 | 4.12 | 5.03 | 5.01 | 4.96 | 4.90 | 4.55 | 4.67 | 4.41 | 4.64 | 4.82 | 4.65 | 4.53 | 4.43 | 4.74 | 4.75 | 4.74 | 4.85 |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $12,815,550K ÷ $2,557,680K
= 5.01
The receivables turnover of DaVita HealthCare Partners Inc has shown fluctuating trends over the periods mentioned in the data provided. The receivables turnover ratio reflects how efficiently the company is able to collect its accounts receivable within a specific period.
From March 31, 2020, to December 31, 2024, the receivables turnover ratio ranged from a low of 4.12 to a high of 5.03. Generally, a higher turnover ratio indicates that the company is collecting its accounts receivable more efficiently.
The company experienced a decrease in receivables turnover from March 31, 2021, to June 30, 2022, which could suggest a potential delay in collecting accounts receivable during that period. However, from March 31, 2023, to December 31, 2024, the receivables turnover ratio showed an improving trend, reaching a peak of 5.03 on December 31, 2023.
Overall, the data indicates that DaVita HealthCare Partners Inc has been effective in managing its accounts receivable turnover, with some fluctuations observed over the periods mentioned. Investors and stakeholders may want to further investigate the reasons behind these fluctuations to assess the company's financial health and efficiency in managing its receivables.
Peer comparison
Dec 31, 2024