Energizer Holdings Inc (ENR)
Receivables turnover
| 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 2,881,200 | 2,705,000 | 2,695,000 | 2,713,000 | 2,787,400 | 2,771,500 | 2,799,000 | 2,809,500 | 2,891,400 | 2,874,300 | 2,846,400 | 2,774,700 | 2,761,000 | 2,792,600 | 2,740,400 | 2,699,200 | 2,586,100 | 2,538,800 | 2,530,100 | 2,471,200 |
| Receivables | US$ in thousands | 471,800 | 397,500 | 363,000 | 414,500 | 542,200 | 413,400 | 383,900 | 400,200 | 455,500 | 382,100 | 372,700 | 421,200 | 337,500 | 375,400 | 353,100 | 384,100 | 343,000 | 376,500 | 378,200 | 415,200 |
| Receivables turnover | 6.11 | 6.81 | 7.42 | 6.55 | 5.14 | 6.70 | 7.29 | 7.02 | 6.35 | 7.52 | 7.64 | 6.59 | 8.18 | 7.44 | 7.76 | 7.03 | 7.54 | 6.74 | 6.69 | 5.95 |
September 30, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $2,881,200K ÷ $471,800K
= 6.11
The receivables turnover ratio of Energizer Holdings Inc has been fluctuating over the past several quarters. The ratio indicates how efficiently the company is able to collect payments from its customers. A higher turnover ratio suggests that the company is effectively managing its accounts receivable and collecting payments in a timely manner.
In the most recent quarter, the receivables turnover was 6.11, showing a slight decrease from the previous quarter. Despite this, the ratio remains above 6, indicating that Energizer Holdings Inc is still collecting receivables at a relatively efficient rate.
Looking at the trend over the past few quarters, there have been fluctuations in the receivables turnover ratio, but overall, the company has maintained a reasonably consistent level of efficiency in collecting payments from its customers.
It is essential for Energizer Holdings Inc to monitor and manage its accounts receivable effectively to ensure a healthy cash flow and overall financial stability. Further analysis of the company's collection policies and credit management practices may provide insights into maintaining or improving the receivables turnover ratio in the future.
Peer comparison
Sep 30, 2024