Kimberly-Clark Corporation (KMB)
Receivables turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 20,029,000 | 20,040,000 | 20,220,000 | 20,320,000 | 20,366,000 | 20,391,000 | 20,312,000 | 20,312,000 | 20,217,000 | 20,153,000 | 20,100,000 | 19,700,000 | 19,300,000 | 19,236,000 | 18,919,000 | 18,819,000 | 19,128,000 | 18,875,000 | 18,832,000 | 18,832,000 |
| Receivables | US$ in thousands | 2,009,000 | 2,229,000 | 2,306,000 | 2,383,000 | 2,135,000 | 2,298,000 | 2,359,000 | 2,430,000 | 2,280,000 | 2,333,000 | 2,469,000 | 2,516,000 | 2,207,000 | 2,399,000 | 2,340,000 | 2,199,000 | 2,235,000 | 2,125,000 | 2,024,000 | 2,519,000 |
| Receivables turnover | 9.97 | 8.99 | 8.77 | 8.53 | 9.54 | 8.87 | 8.61 | 8.36 | 8.87 | 8.64 | 8.14 | 7.83 | 8.74 | 8.02 | 8.09 | 8.56 | 8.56 | 8.88 | 9.30 | 7.48 |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $20,029,000K ÷ $2,009,000K
= 9.97
The receivables turnover ratio for Kimberly-Clark Corporation has fluctuated over the past few years. The ratio started at 7.48 as of March 31, 2020, and increased to a peak of 9.97 as of December 31, 2024. This indicates that the company has been able to collect its accounts receivable more efficiently in recent years.
The average receivables turnover ratio over this period is approximately 8.58, suggesting that, on average, Kimberly-Clark Corporation is able to turn over its accounts receivable nearly nine times a year. A higher receivables turnover ratio generally indicates that the company is collecting outstanding receivables efficiently.
It is important to monitor changes in the receivables turnover ratio over time to assess the effectiveness of the company's credit policies and the efficiency of its collections processes. A consistent and healthy receivables turnover ratio is indicative of a strong cash flow and effective management of accounts receivable.
Peer comparison
Dec 31, 2024
See also:
Kimberly-Clark Corporation Receivables Turnover (Quarterly Data)