Masco Corporation (MAS)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 7,748,000 | 7,861,000 | 8,568,000 | 7,915,000 | 7,636,000 |
| Receivables | US$ in thousands | 1,035,000 | 1,090,000 | 1,149,000 | 1,171,000 | 1,138,000 |
| Receivables turnover | 7.49 | 7.21 | 7.46 | 6.76 | 6.71 |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $7,748,000K ÷ $1,035,000K
= 7.49
The receivables turnover of Masco Corporation has shown a generally increasing trend over the past five years, starting at 6.71 in December 2020 and reaching 7.49 in December 2024. This indicates that the company is converting its accounts receivable into cash more efficiently over time. The peak turnover of 7.49 in December 2024 suggests that Masco has been collecting payments from its customers more rapidly than in previous years, which is a positive sign of effective credit and collection management. However, the slight dip in 2023 to 7.21 may warrant further investigation into any changes in the company's credit policies or customer payment behaviors. Overall, the upward trend in receivables turnover is a positive indicator of Masco's liquidity and operational efficiency in managing its accounts receivable.
Peer comparison
Dec 31, 2024