Gartner Inc (IT)
Receivables turnover
| Dec 31, 2024 | Sep 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 6,258,760 | 5,938,050 | 5,932,290 | 5,994,280 | 5,975,660 | 5,887,990 | 5,754,690 | 5,470,940 | 5,210,450 | 5,032,650 | 4,824,550 | 4,680,250 | 4,501,760 | 4,292,403 | 4,095,451 | 3,995,091 | 4,067,621 | 4,128,212 | 4,231,074 | 4,170,966 |
| Receivables | US$ in thousands | 1,696,220 | 1,305,750 | 1,565,960 | 1,601,230 | 1,140,560 | 1,271,790 | 1,523,440 | 1,556,790 | 1,047,140 | 1,172,000 | 1,326,400 | 1,365,180 | 969,966 | 1,102,560 | 1,175,430 | 1,241,510 | 948,864 | 1,048,520 | 1,148,560 | 1,326,010 |
| Receivables turnover | 3.69 | 4.55 | 3.79 | 3.74 | 5.24 | 4.63 | 3.78 | 3.51 | 4.98 | 4.29 | 3.64 | 3.43 | 4.64 | 3.89 | 3.48 | 3.22 | 4.29 | 3.94 | 3.68 | 3.15 |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $6,258,760K ÷ $1,696,220K
= 3.69
The receivables turnover ratio for Gartner Inc has shown fluctuating trends over the time period analyzed. The ratio started at 3.15 on December 31, 2019, and generally increased to peak at 5.24 on September 30, 2023. This indicates that the company's efficiency in collecting outstanding receivables improved during this period.
However, after reaching the peak, the ratio declined slightly to 3.69 on December 31, 2024. A lower receivables turnover ratio may suggest potential issues with the company's credit policies, collection efforts, or the quality of its receivables.
Overall, while the receivables turnover ratio of Gartner Inc has shown some improvement over the analyzed period, the recent decline may warrant further investigation into the company's receivables management practices to ensure timely and effective collection of outstanding amounts.
Peer comparison
Dec 31, 2024