Ecolab Inc (ECL)

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 15,449,600 15,182,400 14,907,900 14,648,300 14,354,100 14,047,500 13,672,600 13,250,700 12,855,500 12,556,200 12,174,900 11,647,600 12,356,200 13,114,500 13,914,900 14,930,100 14,845,200 14,782,100 14,706,100 14,631,000
Receivables US$ in thousands 3,021,100 3,018,100 2,995,400 2,873,500 2,882,200 2,880,400 2,826,700 2,662,100 2,629,700 2,542,100 2,496,100 2,451,000 2,442,400 2,505,600 2,380,100 3,006,100 2,930,200 2,877,400 2,904,900 2,831,600
Receivables turnover 5.11 5.03 4.98 5.10 4.98 4.88 4.84 4.98 4.89 4.94 4.88 4.75 5.06 5.23 5.85 4.97 5.07 5.14 5.06 5.17

December 31, 2023 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $15,449,600K ÷ $3,021,100K
= 5.11

The receivables turnover ratio for Ecolab, Inc. has been relatively stable over the past eight quarters, ranging from 4.79 to 5.07. This indicates that the company efficiently converts its accounts receivable into cash. A higher ratio suggests a more efficient collection process, while a lower ratio could indicate potential issues with collecting payments from customers. Overall, Ecolab's receivables turnover ratios demonstrate consistent and effective management of its accounts receivable.


Peer comparison

Dec 31, 2023


See also:

Ecolab Inc Receivables Turnover (Quarterly Data)