Kimberly-Clark Corporation (KMB)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 20,058,000 | 20,431,000 | 20,175,000 | 19,400,000 | 19,140,000 |
| Receivables | US$ in thousands | 2,009,000 | 2,135,000 | 2,280,000 | 2,207,000 | 2,235,000 |
| Receivables turnover | 9.98 | 9.57 | 8.85 | 8.79 | 8.56 |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $20,058,000K ÷ $2,009,000K
= 9.98
The receivables turnover ratio for Kimberly-Clark Corporation has shown a generally increasing trend over the past five years, from 8.56 in December 2020 to 9.98 in December 2024. This indicates that the company's efficiency in collecting payments from its customers has been improving over the period under review. A higher receivables turnover ratio suggests that the company is more effective in managing its accounts receivable and converting them into cash. This trend is a positive sign, as it signifies that Kimberly-Clark Corporation has been successful in ensuring timely collection of receivables, which can improve its liquidity position and overall financial health. A rising receivables turnover ratio is typically viewed as a favorable indicator of a company's operational efficiency and financial management capabilities.
Peer comparison
Dec 31, 2024