Genuine Parts Co (GPC)

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 23,486,570 23,302,280 23,156,680 23,109,120 23,090,610 23,028,380 22,879,050 22,566,450 22,095,970 21,375,530 20,519,110 19,700,440 18,870,510 18,318,890 17,870,130 16,909,620 17,004,440 17,459,040 18,103,970 19,215,000
Receivables US$ in thousands
Receivables turnover

December 31, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $23,486,570K ÷ $—K
= —

The receivables turnover ratio for Genuine Parts Co is not available for the periods provided in the data. The receivables turnover ratio is a financial metric that measures how efficiently a company is able to collect payments from its customers on credit sales.

A high receivables turnover ratio typically indicates that the company is efficiently managing its accounts receivable and collecting payments in a timely manner. On the other hand, a low receivables turnover ratio may suggest that the company is having difficulties in collecting payments promptly, which could lead to cash flow issues.

Without the specific data points for receivables turnover, it is not possible to assess how Genuine Parts Co is managing its accounts receivable and whether there have been any significant changes in its collection efficiency over time. Investors and analysts typically use the receivables turnover ratio in conjunction with other financial metrics to get a more comprehensive understanding of a company's overall financial performance and operational efficiency.