Edgewell Personal Care Co (EPC)
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 | 2,253,700 | 2,270,200 | 2,272,400 | 2,271,400 | 2,251,600 | 2,254,400 | 2,228,200 | 2,177,500 | 2,171,700 | 2,178,000 | 2,127,900 | 2,099,500 | 2,087,300 | 2,032,900 | 1,943,100 | 1,946,800 | 1,949,700 | 1,988,900 | 2,114,200 | 2,137,900 |
| Receivables | US$ in thousands | 164,100 | 216,200 | 209,300 | 177,400 | 168,800 | 190,200 | 223,200 | 163,000 | 177,500 | 201,100 | 226,300 | 201,700 | 199,400 | 191,700 | 237,300 | 210,800 | 205,500 | 217,700 | 245,400 | 218,900 |
| Receivables turnover | 13.73 | 10.50 | 10.86 | 12.80 | 13.34 | 11.85 | 9.98 | 13.36 | 12.23 | 10.83 | 9.40 | 10.41 | 10.47 | 10.60 | 8.19 | 9.24 | 9.49 | 9.14 | 8.62 | 9.77 |
September 30, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $2,253,700K ÷ $164,100K
= 13.73
The receivables turnover ratio for Edgewell Personal Care Co has fluctuated over the past several quarters. The ratio indicates how efficiently the company is collecting on its credit sales. A higher receivables turnover ratio is generally favorable as it suggests that the company is able to collect its accounts receivable more quickly.
In the most recent quarter, as of September 30, 2024, the receivables turnover ratio stood at 13.73, which is higher than the previous quarter's ratio of 10.50. This increase may indicate that Edgewell Personal Care Co improved its collection process or decreased its credit sales, resulting in faster turnover of accounts receivable.
Looking at the trend over the past few years, the company has shown varying levels of efficiency in collecting its receivables. The ratio has experienced fluctuations but generally remained within a range of 8 to 13. Investors and stakeholders should continue to monitor this ratio to assess the company's liquidity, credit policies, and overall financial health.
Peer comparison
Sep 30, 2024