Heritage Financial Corporation (HFWA)
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 | 265,129 | 279,191 | 286,285 | 267,562 | 264,209 | 262,785 | 267,635 | 261,594 | 248,976 | 237,032 | 229,899 | 235,397 | 240,404 | 246,397 | 244,679 | 240,678 | 238,226 | 232,612 | 233,425 | 232,964 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $265,129K ÷ $—K
= —
Receivables turnover, a key financial ratio that measures how efficiently a company is managing its accounts receivable, provides insight into how many times during a period a company collects its average accounts receivable balance. It helps assess the effectiveness of the company's credit policies and its ability to collect outstanding payments from customers in a timely manner.
Unfortunately, the data provided for Heritage Financial Corporation does not include specific values for receivables turnover for any of the reporting periods from March 31, 2020, to December 31, 2024. Without this numerical information, a detailed analysis of the company's receivables turnover ratio is not feasible.
In order to analyze receivables turnover effectively, it is essential to have numerical values for accounts receivable and revenue over the corresponding time periods. This information is crucial in calculating the turnover ratio and interpreting it in the context of the company's operations and industry benchmarks.