Heritage Financial Corporation (HFWA)

Receivables turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Revenue US$ in thousands 309,712 239,538 248,976 240,404 238,226
Receivables US$ in thousands
Receivables turnover

December 31, 2024 calculation

Receivables turnover = Revenue ÷ Receivables
= $309,712K ÷ $—K
= —

The data provided shows that Heritage Financial Corporation's receivables turnover ratio was not available for the years ranging from December 31, 2020, to December 31, 2024. This indicates a lack of information or transparency regarding the company's accounts receivable management efficiency during these periods. Without specific figures, it is challenging to assess how effectively the company is collecting payments from its credit sales. As a result, the analysis of Heritage Financial Corporation's receivables turnover based on the available data is limited, and further information is needed to evaluate this aspect of the company's financial performance accurately.