Generac Holdings Inc (GNRC)
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 | 4,290,970 | 4,119,840 | 3,997,100 | 3,974,163 | 3,949,805 | 3,935,365 | 3,962,145 | 4,264,295 | 4,525,680 | 4,543,520 | 4,405,498 | 4,039,517 | 3,712,928 | 3,406,940 | 3,165,481 | 2,792,968 | 2,460,119 | 2,289,969 | 2,187,141 | 2,179,689 |
| Receivables | US$ in thousands | 612,107 | 658,649 | 610,322 | 520,725 | 537,316 | 589,226 | 540,332 | 490,384 | 522,458 | 542,528 | 692,291 | 609,870 | 546,466 | 510,670 | 480,889 | 428,702 | 374,906 | 398,240 | 322,937 | 312,013 |
| Receivables turnover | 7.01 | 6.25 | 6.55 | 7.63 | 7.35 | 6.68 | 7.33 | 8.70 | 8.66 | 8.37 | 6.36 | 6.62 | 6.79 | 6.67 | 6.58 | 6.51 | 6.56 | 5.75 | 6.77 | 6.99 |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $4,290,970K ÷ $612,107K
= 7.01
Generac Holdings Inc's receivables turnover has shown fluctuating trends over the periods analyzed. The turnover ratio varied between 5.75 and 8.70, indicating the company's ability to efficiently collect its accounts receivable. A higher turnover ratio suggests that Generac is collecting its receivables more quickly.
The average turnover ratio for the periods analyzed is approximately 6.88. In recent quarters, the company experienced a peak in receivables turnover in the December 31, 2022, period, followed by a slight decrease in the subsequent periods.
It is important for Generac to monitor its receivables turnover regularly to ensure efficient management of its accounts receivable and maintain healthy cash flow. Additionally, the company should assess the reasons behind fluctuations in the turnover ratio to optimize its credit policies and collection procedures.
Peer comparison
Dec 31, 2024