Genpact Limited (G)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 4,767,140 | 4,476,890 | 4,371,170 | 4,022,210 | 3,709,380 |
| Receivables | US$ in thousands | 1,201,790 | 1,121,360 | 998,054 | 890,539 | 883,656 |
| Receivables turnover | 3.97 | 3.99 | 4.38 | 4.52 | 4.20 |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $4,767,140K ÷ $1,201,790K
= 3.97
The receivables turnover of Genpact Limited has shown a relatively stable trend over the period from December 31, 2020, to December 31, 2024. The ratio has fluctuated within a narrow range, starting at 4.20 in 2020 and reaching a peak of 4.52 in 2021 before declining slightly to 4.38 in 2022. Subsequently, there was a noticeable decrease to 3.99 in 2023 and a marginal decrease further to 3.97 in 2024.
This suggests that, on average, Genpact Limited is able to collect its accounts receivable approximately 4 times a year. The decreasing trend in the receivables turnover ratio from 2022 to 2024 may indicate a potential inefficiency in collecting outstanding customer payments or a change in the company's credit policies. It would be important to monitor this trend closely to ensure that accounts receivable are being managed effectively and that cash flow is not being negatively impacted.
Peer comparison
Dec 31, 2024