ExlService Holdings Inc (EXLS)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,839,380 | 1,619,020 | 1,412,250 | 1,106,200 | 951,676 |
| Receivables | US$ in thousands | 304,322 | 308,108 | 259,222 | 195,124 | 211,799 |
| Receivables turnover | 6.04 | 5.25 | 5.45 | 5.67 | 4.49 |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $1,839,380K ÷ $304,322K
= 6.04
The receivables turnover ratio for ExlService Holdings Inc has shown a consistent improvement over the years from 4.49 in December 31, 2020, to 6.04 in December 31, 2024. This indicates that the company is becoming more efficient in collecting payments from its customers. A higher receivables turnover ratio suggests that the company is able to convert its accounts receivable into cash more quickly, which is a positive sign of effective credit management and liquidity. It demonstrates the company's ability to efficiently manage its credit policy and collect outstanding payments in a timely manner. Overall, the increasing trend in the receivables turnover ratio reflects positively on ExlService Holdings Inc's financial performance and operational efficiency.
Peer comparison
Dec 31, 2024