Louisiana-Pacific Corporation (LPX)
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 | 2,940,000 | 2,918,000 | 2,924,000 | 2,721,000 | 2,581,000 | 2,628,000 | 2,752,000 | 3,271,000 | 3,854,000 | 3,984,000 | 4,150,000 | 4,188,000 | 4,038,000 | 3,674,000 | 3,451,000 | 2,831,000 | 2,399,000 | 2,465,000 | 2,273,000 | 2,313,000 |
| Receivables | US$ in thousands | 131,000 | 136,000 | 161,000 | 180,000 | 155,000 | 181,000 | 172,000 | 148,000 | 127,000 | 171,000 | 219,000 | 320,000 | 169,000 | 248,000 | 310,000 | 264,000 | 184,000 | 228,000 | 175,000 | 172,000 |
| Receivables turnover | 22.44 | 21.46 | 18.16 | 15.12 | 16.65 | 14.52 | 16.00 | 22.10 | 30.35 | 23.30 | 18.95 | 13.09 | 23.89 | 14.81 | 11.13 | 10.72 | 13.04 | 10.81 | 12.99 | 13.45 |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $2,940,000K ÷ $131,000K
= 22.44
The receivables turnover ratio for Louisiana-Pacific Corporation fluctuated over the period from March 31, 2020, to December 31, 2024. The ratio measures the company's efficiency in collecting outstanding receivables from customers during a specific period.
Initially, the company had a relatively high receivables turnover ratio of 13.45 in March 31, 2020, indicating that it was collecting its accounts receivable efficiently. However, the ratio decreased in the subsequent quarters, reaching a low of 10.72 in March 31, 2021, suggesting a potential delay in collecting payments from customers.
From September 30, 2021, to December 31, 2024, the receivables turnover ratio showed an increasing trend, indicating an improvement in the company's collection efficiency. The ratio peaked at 30.35 in December 31, 2022, which signifies that the company was collecting its receivables at a much faster pace compared to earlier periods.
Overall, Louisiana-Pacific Corporation's receivables turnover ratio experienced fluctuations but displayed an improving trend towards the later quarters of the analyzed period. This suggests that the company enhanced its collection processes, leading to more efficient management of accounts receivable.
Peer comparison
Dec 31, 2024