Keysight Technologies Inc (KEYS)
Receivables turnover
| Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 4,979,000 | 5,003,000 | 5,168,000 | 5,342,000 | 5,464,000 | 5,596,000 | 5,590,000 | 5,551,000 | 5,420,000 | 5,271,000 | 5,141,000 | 5,011,000 | 4,941,000 | 4,867,000 | 4,632,000 | 4,306,000 | 4,221,000 | 4,121,000 | 4,197,000 | 4,392,000 |
| Receivables | US$ in thousands | 1,032,000 | 802,000 | 809,000 | 808,000 | 983,000 | 893,000 | 864,000 | 920,000 | 954,000 | 882,000 | 803,000 | 708,000 | 765,000 | 677,000 | 676,000 | 654,000 | 659,000 | 569,000 | 485,000 | 670,000 |
| Receivables turnover | 4.82 | 6.24 | 6.39 | 6.61 | 5.56 | 6.27 | 6.47 | 6.03 | 5.68 | 5.98 | 6.40 | 7.08 | 6.46 | 7.19 | 6.85 | 6.58 | 6.41 | 7.24 | 8.65 | 6.56 |
October 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $4,979,000K ÷ $1,032,000K
= 4.82
The receivables turnover ratio for Keysight Technologies Inc has fluctuated over the past few years, ranging from a low of 4.82 to a high of 8.65. A higher receivables turnover ratio indicates that the company is collecting its accounts receivable more efficiently and quickly.
The trend shows some variability, with peaks and troughs occurring regularly. Overall, the company's receivables turnover has generally been on an upward trajectory, which is a positive sign as it implies that the company is becoming more efficient in collecting payments from customers.
It is important to note that further analysis and comparison with industry benchmarks would provide more context and insight into Keysight Technologies Inc's performance in managing its accounts receivable. The company may consider implementing strategies to further improve its receivables turnover ratio to enhance its cash flow and overall financial health.
Peer comparison
Oct 31, 2024