Ford Motor Company (F)

Receivables turnover

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	US$ in thousands	184,992,000	176,191,000	158,057,000	136,341,000	127,144,000
Receivables	US$ in thousands	66,573,000	62,026,000	54,449,000	43,913,000	52,394,000
Receivables turnover		2.78	2.84	2.90	3.10	2.43

December 31, 2024 calculation

Receivables turnover = Revenue ÷ Receivables
= $184,992,000K ÷ $66,573,000K
= 2.78

The receivables turnover ratio for Ford Motor Company has shown varied performance over the years based on the provided data. In 2020, the receivables turnover ratio stood at 2.43, indicating that the company collected its accounts receivables approximately 2.43 times during the year.

Subsequently, there was an improvement in the performance as the ratio increased to 3.10 by December 31, 2021, suggesting that the company was able to collect its receivables more efficiently. However, there was a slight decline in the ratio to 2.90 by the end of 2022, indicating a slower collection of receivables compared to the previous year.

In the following years, the receivables turnover ratio remained relatively stable, with values of 2.84 by December 31, 2023, and 2.78 by December 31, 2024. This suggests that Ford Motor Company maintained a consistent pace in collecting its accounts receivables during these periods.

Overall, the trend in Ford's receivables turnover ratio reflects fluctuations in the efficiency of its accounts receivables management over the years, with variations in the company's ability to convert credit sales into cash. Monitoring this ratio can help assess the effectiveness of Ford's credit policies and collection efforts.