Eastman Chemical Company (EMN)

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 9,377,000 9,337,000 10,923,000 10,887,000 10,991,000 11,159,000 9,818,000 10,278,000 10,580,000 10,901,000 10,912,000 10,781,000 10,476,000 9,968,000 9,370,000 8,641,000 8,473,000 8,492,000 8,695,000 9,134,000
Receivables US$ in thousands
Receivables turnover

December 31, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $9,377,000K ÷ $—K
= —

The receivables turnover ratio for Eastman Chemical Company for the periods provided is not available. This ratio is a measure of how efficiently a company is managing its receivables by comparing the amount of credit sales to the average accounts receivable balance. A higher turnover ratio indicates that the company is collecting receivables more quickly.

Without specific data on receivables turnover, it is difficult to assess Eastman Chemical Company's performance in this area. Monitoring this ratio over time can provide insights into the effectiveness of the company's credit and collection policies, as well as its overall liquidity management. A declining ratio may suggest potential issues with credit risk or collection efficiency, while an increasing ratio could indicate more effective management of accounts receivable.