IDEXX Laboratories Inc (IDXX)
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 | 3,897,506 | 3,844,819 | 3,784,803 | 3,724,853 | 3,660,953 | 3,587,920 | 3,514,054 | 3,430,970 | 3,367,324 | 3,339,846 | 3,308,606 | 3,274,202 | 3,215,360 | 3,135,208 | 3,046,576 | 2,858,026 | 2,706,655 | 2,591,163 | 2,474,677 | 2,457,188 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $3,897,506K ÷ $—K
= —
The receivables turnover ratio for IDEXX Laboratories Inc appears to be unavailable or not provided in the data for the period from March 31, 2020, to December 31, 2024. This ratio is important as it measures how efficiently the company is collecting its accounts receivable from customers during a specific period.
A higher receivables turnover ratio generally indicates that the company is collecting its receivables more quickly, which is favorable as it implies effective credit management and timely collection of cash. On the other hand, a lower ratio may indicate potential issues with credit policies, collection processes, or an increase in bad debts.
Without specific data points to calculate the receivables turnover ratio for IDEXX Laboratories Inc, it is not possible to assess the efficiency of the company in collecting its receivables and managing its cash flow during the mentioned periods. Keeping track of this ratio over time would provide insights into the company's ability to convert credit sales into cash and manage its working capital effectively.
Peer comparison
Dec 31, 2024