Interpublic Group of Companies Inc (IPG)
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 | 10,691,700 | 10,858,000 | 10,907,700 | 10,864,200 | 10,889,300 | 10,851,900 | 10,811,100 | 10,880,300 | 10,927,800 | 10,874,000 | 10,778,300 | 10,552,200 | 10,240,700 | 9,858,600 | 9,442,100 | 8,958,200 | 9,061,000 | 9,412,800 | 9,725,400 | 10,219,900 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $10,691,700K ÷ $—K
= —
The receivables turnover ratio for Interpublic Group of Companies Inc is not available for the periods provided in the data. The receivables turnover ratio is a measure of how efficiently a company is managing its receivables by converting them into cash. Without the specific values for accounts receivable and sales, it is not possible to calculate the receivables turnover ratio for the company.
In general, a high receivables turnover ratio indicates that a company is collecting its outstanding receivables quickly, which is a positive sign of liquidity and efficient operations. On the other hand, a low ratio may suggest issues with credit policies, collection efforts, or potentially ineffective management of accounts receivable.
Interpreting the receivables turnover ratio requires trend analysis over multiple periods to identify any consistent patterns or changes in the company's ability to collect on its receivables. Without the specific data, further analysis and comparison with industry benchmarks are necessary to assess the company's performance in managing its accounts receivable effectively.
Peer comparison
Dec 31, 2024