KBR Inc (KBR)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 7,749,000 | 6,834,000 | 6,496,000 | 7,249,000 | 5,767,000 |
| Receivables | US$ in thousands | 1,107,000 | 1,014,000 | 966,000 | 1,432,000 | 921,000 |
| Receivables turnover | 7.00 | 6.74 | 6.72 | 5.06 | 6.26 |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $7,749,000K ÷ $1,107,000K
= 7.00
To analyze KBR Inc's receivables turnover, we will look at the trend over the five-year period from December 31, 2020, to December 31, 2024.
The receivables turnover ratio measures how efficiently a company is collecting its accounts receivable. A higher receivables turnover ratio indicates that the company is collecting its receivables more quickly.
Here is the trend in KBR Inc's receivables turnover ratio over the period:
- As of December 31, 2020, the receivables turnover ratio was 6.26.
- By December 31, 2021, the ratio had declined to 5.06.
- However, from December 31, 2021, to December 31, 2024, the receivables turnover ratio showed an increasing trend.
- By the end of December 31, 2024, the receivables turnover ratio had reached 7.00, indicating an improvement in the efficiency of collecting accounts receivable.
Overall, KBR Inc's receivables turnover ratio has shown some fluctuations over the five-year period, with a significant improvement towards the end of the period. This suggests that the company may have implemented better credit and collection policies or improved its customer base, resulting in faster collections of outstanding receivables.
Peer comparison
Dec 31, 2024