Henry Schein Inc (HSIC)
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 | 12,611,000 | 12,408,000 | 12,371,000 | 12,348,000 | 12,252,000 | 12,618,000 | 12,537,000 | 12,477,000 | 12,603,000 | 12,573,770 | 12,696,850 | 12,636,700 | 12,383,180 | 12,225,710 | 11,875,670 | 10,588,730 | 10,091,310 | 9,779,720 | 9,447,070 | 10,208,200 |
| Receivables | US$ in thousands | 1,482,000 | 1,660,000 | 1,559,000 | 1,644,000 | 1,863,000 | 1,573,000 | 1,468,000 | — | 1,442,000 | 1,507,000 | 1,409,000 | 1,444,000 | 1,451,830 | 1,551,950 | 1,356,880 | 1,317,550 | 1,424,790 | 1,407,680 | 1,101,200 | 1,198,740 |
| Receivables turnover | 8.51 | 7.47 | 7.94 | 7.51 | 6.58 | 8.02 | 8.54 | — | 8.74 | 8.34 | 9.01 | 8.75 | 8.53 | 7.88 | 8.75 | 8.04 | 7.08 | 6.95 | 8.58 | 8.52 |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $12,611,000K ÷ $1,482,000K
= 8.51
Henry Schein Inc's receivables turnover ratio has shown some fluctuations over the past few years, ranging from a low of 6.58 to a high of 9.01. The receivables turnover ratio indicates the company's efficiency in collecting outstanding receivables from its customers. A higher turnover ratio generally suggests that the company is collecting receivables more quickly, which can be a sign of effective credit policies and strong customer relationships.
From the data provided, we can see that the receivables turnover ratio for Henry Schein Inc has generally been within a relatively healthy range, with the most recent ratio standing at 8.51 as of December 31, 2024. This indicates that the company is efficiently managing its accounts receivable and collecting payments in a timely manner.
However, it is worth noting that there have been some fluctuations in the ratio over the years, which could be influenced by various factors such as changes in customer payment behavior, credit terms, or economic conditions. It would be important for stakeholders to monitor these trends and assess any potential impacts on the company's financial performance and cash flow management.
Peer comparison
Dec 31, 2024