eBay Inc (EBAY)

Receivables turnover

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Revenue (ttm)	US$ in thousands	10,112,000	10,060,000	9,940,000	9,822,000	9,795,000	9,898,000	10,019,000	10,265,000	10,420,000	10,285,000	10,042,000	9,711,000	9,042,000	8,249,000	8,074,000	7,914,000	8,127,000	8,960,000	9,526,000	9,989,000
Receivables	US$ in thousands	94,000	74,000	77,000	80,000	90,000	84,000	82,000	87,000	98,000	93,000	137,000	348,000	412,000	477,000	845,000	635,000	700,000	714,000	797,000	716,000
Receivables turnover		107.57	135.95	129.09	122.78	108.83	117.83	122.18	117.99	106.33	110.59	73.30	27.91	21.95	17.29	9.56	12.46	11.61	12.55	11.95	13.95

December 31, 2023 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $10,112,000K ÷ $94,000K
= 107.57

The receivables turnover for EBay Inc. has shown fluctuations over the past eight quarters, ranging from 108.83 to 135.95. The highest turnover was observed in Q3 2023, indicating that EBay was able to collect outstanding receivables more frequently during that period. However, in Q4 2023, the turnover decreased to 107.57, suggesting a slight dip in the efficiency of receivables collection. It is noteworthy that data for Q2 and Q1 of 2023, as well as Q3 and Q2 of 2022, are not available in the table provided, limiting a comprehensive trend analysis. Overall, the fluctuating nature of the receivables turnover may warrant further investigation into EBay's credit policies, collection procedures, and customer payment behaviors to evaluate the effectiveness of its accounts receivable management.