Ford Motor Company (F)
Receivables turnover
| Dec 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 185,059,000 | 183,244,000 | 180,529,000 | 177,660,000 | 176,452,000 | 173,326,000 | 169,237,000 | 164,758,000 | 158,057,000 | 151,736,000 | 148,027,000 | 134,589,000 | 136,341,000 | 134,615,000 | 136,433,000 | 129,052,000 | 127,144,000 | 130,907,000 | 130,396,000 | 149,878,000 |
| Receivables | US$ in thousands | 66,573,000 | 65,809,000 | 64,236,000 | 63,298,000 | 62,026,000 | 57,701,000 | 57,039,000 | 55,270,000 | 54,449,000 | 48,666,000 | 45,753,000 | 45,806,000 | 43,913,000 | 43,451,000 | 43,089,000 | 51,112,000 | 52,394,000 | 51,961,000 | 51,827,000 | 61,514,000 |
| Receivables turnover | 2.78 | 2.78 | 2.81 | 2.81 | 2.84 | 3.00 | 2.97 | 2.98 | 2.90 | 3.12 | 3.24 | 2.94 | 3.10 | 3.10 | 3.17 | 2.52 | 2.43 | 2.52 | 2.52 | 2.44 |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $185,059,000K ÷ $66,573,000K
= 2.78
The receivables turnover ratio for Ford Motor Company has shown some fluctuations over the reported periods. From March 31, 2020, to March 31, 2024, the ratio ranged between 2.44 and 3.24 times. This ratio indicates the company's efficiency in collecting outstanding receivables from customers during a specific time period.
A higher receivables turnover ratio suggests that Ford is collecting its accounts receivables more quickly, which is generally a positive indicator of efficient credit control and effective management of receivables. The increase in the ratio from 2.44 in March 2020 to 3.24 in June 30, 2022, reflects an improvement in Ford's collections process during this period.
However, the ratio slightly decreased in the subsequent periods, showing a fluctuating trend. It dropped to 2.78 in December 31, 2024, indicating a slowdown in receivables turnover.
Overall, while the receivables turnover ratio for Ford Motor Company has shown some variability, it is important for the company to maintain an optimal balance in collecting receivables efficiently to ensure steady cash flows and effective management of working capital.
Peer comparison
Dec 31, 2024