Keurig Dr Pepper Inc (KDP)

Receivables turnover

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	US$ in thousands	15,233,000	14,271,000	13,190,000	12,701,000	11,130,000
Receivables	US$ in thousands	1,723,000	1,519,000	1,668,000	1,274,000	1,144,000
Receivables turnover		8.84	9.39	7.91	9.97	9.73

December 31, 2024 calculation

Receivables turnover = Revenue ÷ Receivables
= $15,233,000K ÷ $1,723,000K
= 8.84

The receivables turnover ratio for Keurig Dr Pepper Inc has exhibited some fluctuations over the period under review. In December 2020, the company's receivables turnover stood at 9.73 times, indicating that on average, Keurig Dr Pepper collected its outstanding receivables approximately 9.73 times during the year. This ratio improved slightly in December 2021 to 9.97 times, suggesting a more efficient collection of receivables.

However, in December 2022, there was a decline in the receivables turnover ratio to 7.91 times, which may indicate a slower collection of receivables compared to the previous year. The ratio recovered in December 2023 to 9.39 times, showing an improvement in the efficiency of receivables collections.

By December 2024, the receivables turnover ratio for Keurig Dr Pepper decreased to 8.84 times. Although lower than the previous year, this figure is still relatively high, suggesting that the company continues to manage its receivables efficiently, albeit with a slight decrease from the prior period.

Overall, while there have been fluctuations in the receivables turnover ratio for Keurig Dr Pepper Inc during the period analyzed, the company maintains a relatively healthy level of efficiency in collecting its outstanding receivables. It is essential for the company to monitor and manage its receivables effectively to maintain a steady cash flow and overall financial health.