Energizer Holdings Inc (ENR)
Receivables turnover
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 2,879,600 | 2,790,900 | 2,891,400 | 2,761,000 | 2,451,900 |
| Receivables | US$ in thousands | 471,800 | 542,200 | 455,500 | 337,500 | 343,000 |
| Receivables turnover | 6.10 | 5.15 | 6.35 | 8.18 | 7.15 |
September 30, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $2,879,600K ÷ $471,800K
= 6.10
Energizer Holdings Inc's receivables turnover ratio has shown varying trends over the past five years. In particular, we can observe a consistent level of turnover, with a noticeable increase in 2022 compared to the previous years. This indicates that the company efficiently collects its accounts receivable, on average, six to eight times a year. The higher turnover ratios in more recent years suggest a shorter collection period and an effective management of accounts receivable. Overall, Energizer Holdings Inc has been efficient in converting its credit sales into cash, demonstrating a healthy liquidity position and effective credit management practices.
Peer comparison
Sep 30, 2024