GE HealthCare Technologies Inc. (GEHC)
Receivables turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | ||
|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 19,107,000 | 18,958,000 | 18,917,000 | 18,895,000 | 18,952,000 | 19,284,000 |
| Receivables | US$ in thousands | 102,000 | -10,000 | -10,000 | -6,000 | -1,000 | 6,000 |
| Receivables turnover | 187.32 | — | — | — | — | 3,214.00 |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $19,107,000K ÷ $102,000K
= 187.32
The receivables turnover ratio for GE HealthCare Technologies Inc. fluctuated significantly over the periods provided.
In September 30, 2023, the receivables turnover was very high at 3,214.00, indicating that the company collected its accounts receivable 3,214 times during that fiscal year. This may suggest efficient management of accounts receivable.
However, the value for December 31, 2023, and subsequent periods until December 31, 2024, is indicated as "—," which suggests missing or unavailable data for those periods.
In December 31, 2024, the receivables turnover ratio was noted as 187.32, which, compared to the earlier extremely high value, implies a significant decline in the frequency of collecting accounts receivable.
Given the missing values and the drastic change in the ratio from the initial high point to a lower figure in the latest period available, further analysis would be required to understand the reasons behind these fluctuations and to assess the overall effectiveness of the company's accounts receivable management.
Peer comparison
Dec 31, 2024