Hershey Co (HSY)
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 | 11,202,260 | 10,971,830 | 11,014,330 | 11,430,130 | 11,164,990 | 11,160,220 | 10,858,380 | 10,740,680 | 10,419,290 | 10,093,080 | 9,724,770 | 9,341,610 | 8,971,340 | 8,830,450 | 8,690,440 | 8,408,350 | 8,149,720 | 8,032,600 | 7,947,190 | 8,007,080 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $11,202,260K ÷ $—K
= —
The receivables turnover for Hershey Co for the period ending December 31, 2024, and the projected future periods up to December 31, 2024, is not available as indicated by the data provided in the JSON. Receivables turnover is an important financial ratio that measures how efficiently a company is able to collect on its credit sales during a specific period.
A high receivables turnover ratio typically indicates that the company is efficient in collecting its outstanding receivables, which is favorable as it implies a shorter average time taken to receive payments from customers. On the other hand, a low receivables turnover ratio may suggest potential issues with collecting receivables promptly, which could lead to liquidity problems and potential write-offs.
Without specific data points for the receivables turnover ratio, it is challenging to assess Hershey Co's efficiency in managing its accounts receivable and collecting payments from its customers. Monitoring this ratio over time can provide insights into the company's credit policies, collection processes, and overall financial health.
Peer comparison
Dec 31, 2024