EPAM Systems Inc (EPAM)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 4,727,940 | 4,690,540 | 4,824,700 | 3,758,140 | 2,659,480 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $4,727,940K ÷ $—K
= —
The data provided indicates that the receivables turnover for EPAM Systems Inc is not available for the years ending December 31, 2020, 2021, 2022, 2023, and 2024. Without this specific information, it is challenging to assess the efficiency of the company in collecting its accounts receivable during these periods. Receivables turnover is a crucial ratio that helps in evaluating how well a company is managing its receivables and converting them into cash.
In order to conduct a more in-depth analysis of EPAM Systems Inc's financial performance and liquidity management, it would be essential to have the receivables turnover figures for those years. The receivables turnover ratio is calculated by dividing net credit sales by the average accounts receivable balance, providing insights into the speed at which the company is collecting payments from its customers. A higher turnover ratio typically indicates efficient management of receivables, while a lower ratio may suggest issues with collections or credit policies. It would be advisable for stakeholders and investors to monitor this ratio in the future to assess EPAM Systems Inc's financial health and operational efficiency.
Peer comparison
Dec 31, 2024