Gen Digital Inc. (GEN)
Receivables turnover
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 3,935,000 | 3,812,000 | 3,338,000 | 2,796,000 | 2,551,000 |
| Receivables | US$ in thousands | — | 163,000 | 168,000 | 147,000 | 148,000 |
| Receivables turnover | — | 23.39 | 19.87 | 19.02 | 17.24 |
March 31, 2025 calculation
Receivables turnover = Revenue ÷ Receivables
= $3,935,000K ÷ $—K
= —
The receivables turnover of Gen Digital Inc. has been exhibiting a positive trend over the past five years. The ratio increased from 17.24 in March 2021 to 19.02 in March 2022, indicating an improvement in the efficiency of collecting receivables. This trend continued with further enhancements as the ratio rose to 19.87 in March 2023 and significantly improved to 23.39 in March 2024. The considerable increase in the receivables turnover suggests that the company has been able to collect its receivables at a faster pace, potentially indicating effective credit management or improved customer payment processes.
However, it is noteworthy that the data for March 31, 2025, is missing, likely due to being unavailable or not yet reported. To provide a complete analysis for the most recent year, additional information on the receivables turnover for this year would be required. Overall, the increasing trend in the receivables turnover ratios for the years available reflects positively on Gen Digital Inc.'s ability to efficiently manage its accounts receivable and convert them into cash.
Peer comparison
Mar 31, 2025