Ingredion Incorporated (INGR)
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 | 7,430,000 | 7,551,000 | 7,714,000 | 7,905,000 | 8,160,000 | 8,226,000 | 8,216,000 | 8,191,000 | 7,946,000 | 7,714,000 | 7,454,000 | 7,172,000 | 6,894,000 | 6,732,000 | 6,471,000 | 6,058,000 | 5,987,000 | 5,943,000 | 6,015,000 | 6,216,000 |
Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $7,430,000K ÷ $—K
= —
The receivables turnover ratio, based on the provided data, appears to be unavailable or not reported for Ingredion Incorporated for the periods from March 31, 2020, to December 31, 2024. The receivables turnover ratio is a financial metric that measures a company's efficiency in collecting outstanding receivables from its customers over a specific period.
Typically, a high receivables turnover ratio indicates that a company efficiently collects payments from its customers, while a low ratio may suggest potential issues with credit policies, collection efforts, or the quality of receivables. Without the specific values for Ingredion's receivables turnover ratio, it is challenging to assess the effectiveness of the company in managing its accounts receivable during the mentioned periods.
It is important to note that monitoring the receivables turnover ratio over time can provide insights into changes in the company's credit and collection practices, as well as the overall health of its accounts receivable management. If the data becomes available in the future, a more detailed analysis of the trend and implications for Ingredion's financial performance can be conducted.
Peer comparison
Dec 31, 2024