Exponent Inc (EXPO)

Receivables turnover

		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	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Revenue (ttm)	US$ in thousands	536,766	541,221	535,064	525,124	513,293	499,444	488,670	478,266	466,269	456,002	438,260	410,428	399,900	406,775	409,660	424,121	417,199	399,228	392,982	382,097
Receivables	US$ in thousands	167,360	181,754	175,830	173,064	170,114	166,014	—	—	139,861	—	—	—	111,565	—	—	—	—	—	—	—
Receivables turnover		3.21	2.98	3.04	3.03	3.02	3.01	—	—	3.33	—	—	—	3.58	—	—	—	—	—	—	—

December 31, 2023 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $536,766K ÷ $167,360K
= 3.21

The receivables turnover ratio for Exponent Inc fluctuated over the period analyzed. It ranged from a low of 2.98 to a high of 3.58. The ratio signifies the number of times receivables were collected during the respective periods. A higher turnover ratio indicates that the company is efficient in collecting payments from its customers. However, the absence of data for some quarters limits the ability to draw a conclusive trend over the period. It is important for Exponent Inc to monitor and manage its receivables effectively to ensure optimal cash flow and financial health.

Peer comparison

Dec 31, 2023

Company name

Symbol

Receivables turnover

Exponent Inc

EXPO

3.21