KBR Inc (KBR)
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 | 7,724,000 | 7,288,000 | 7,081,000 | 6,950,000 | 6,834,000 | 6,723,000 | 6,586,000 | 6,479,000 | 6,496,000 | 7,390,000 | 7,610,000 | 7,505,000 | 7,249,000 | 6,239,000 | 5,795,000 | 5,668,000 | 5,767,000 | 5,753,000 | 5,799,000 | 5,836,000 |
| Receivables | US$ in thousands | 1,107,000 | 1,095,000 | 992,000 | 1,007,000 | 1,014,000 | 1,047,000 | 1,052,000 | 1,076,000 | 966,000 | 909,000 | 1,033,000 | 1,035,000 | 1,432,000 | 1,245,000 | 934,000 | 877,000 | 921,000 | 976,000 | 960,000 | 1,085,000 |
| Receivables turnover | 6.98 | 6.66 | 7.14 | 6.90 | 6.74 | 6.42 | 6.26 | 6.02 | 6.72 | 8.13 | 7.37 | 7.25 | 5.06 | 5.01 | 6.20 | 6.46 | 6.26 | 5.89 | 6.04 | 5.38 |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $7,724,000K ÷ $1,107,000K
= 6.98
The receivables turnover ratio for KBR Inc has shown fluctuation over the past few years, ranging from a low of 5.01 in September 2021 to a high of 8.13 in September 2022. This ratio measures how efficiently the company is able to collect payments from its customers. A higher ratio indicates that the company is more effective in collecting receivables in a timely manner.
From March 31, 2020, to December 31, 2024, the receivables turnover ratio generally increased, with some fluctuations along the way. The ratio peaked at 8.13 in September 2022, suggesting that the company improved its collection process during that period. However, the ratio decreased in the subsequent quarters, settling at 6.98 as of December 31, 2024.
Overall, the upward trend in the receivables turnover ratio indicates that KBR Inc has been more efficient in managing its accounts receivable over the years. However, a slight decline towards the end of the reported period may warrant further analysis to ensure that the company continues to effectively collect payments from its customers in a timely manner.
Peer comparison
Dec 31, 2024