Kyndryl Holdings Inc (KD)

Receivables turnover

		Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	US$ in thousands	15,057,000	16,052,000	17,026,000	18,657,000	19,352,000
Receivables	US$ in thousands	—	1,599,000	1,523,000	2,279,000	1,444,000
Receivables turnover		—	10.04	11.18	8.19	13.40

March 31, 2025 calculation

Receivables turnover = Revenue ÷ Receivables
= $15,057,000K ÷ $—K
= —

The receivables turnover ratio measures how efficiently a company collects on its credit sales during a specific period. Kyndryl Holdings Inc's receivables turnover ratio has shown some fluctuations over the past few years.

As of March 31, 2021, the receivables turnover ratio was 13.40, indicating that Kyndryl was collecting its accounts receivable approximately 13.40 times during that fiscal year.

However, there was a noticeable decline in the ratio to 8.19 as of March 31, 2022, suggesting a potential slow-down in the company's collections process.

The ratio then improved to 11.18 as of March 31, 2023, reflecting a better performance in collecting accounts receivable.

Subsequently, as of March 31, 2024, the receivables turnover ratio was reported at 10.04, which is still at a satisfactory level, indicating that Kyndryl is continuing to effectively manage its accounts receivable turnover.

The data for March 31, 2025 is unavailable at this time, preventing an analysis of the most recent performance in terms of receivables turnover.

In conclusion, while there have been fluctuations in Kyndryl Holdings Inc's receivables turnover ratio, the company has generally maintained a solid performance in collecting its accounts receivable efficiently. It will be important to monitor future data to assess any trends or changes in the company's receivables turnover efficiency.