Kraft Heinz Co (KHC)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 25,795,000 | 25,669,000 | 25,743,000 | 23,232,000 | 24,638,000 |
| Receivables | US$ in thousands | 2,147,000 | 2,112,000 | 2,120,000 | 1,957,000 | 2,063,000 |
| Receivables turnover | 12.01 | 12.15 | 12.14 | 11.87 | 11.94 |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $25,795,000K ÷ $2,147,000K
= 12.01
The receivables turnover for Kraft Heinz Co has remained relatively stable over the past five years, with values ranging from 11.87 to 12.15. This indicates that the company is efficient in collecting payments from its customers, with an average of approximately 12 times per year. A higher receivables turnover ratio suggests a quicker collection of outstanding receivables, which can improve the company's cash flow and liquidity position. The consistency of the receivables turnover ratio for Kraft Heinz Co suggests that the company has been effectively managing its accounts receivable and maintaining a healthy balance between credit sales and collections.
Peer comparison
Dec 31, 2024