Masco Corporation (MAS)
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 | 7,723,000 | 7,839,000 | 7,802,000 | 7,809,000 | 7,861,000 | 7,896,000 | 8,121,000 | 8,341,000 | 8,568,000 | 8,318,000 | 8,321,000 | 8,159,000 | 7,747,000 | 7,958,000 | 7,728,000 | 7,303,000 | 7,072,000 | 6,851,000 | 6,811,000 | 7,316,000 |
| Receivables | US$ in thousands | 1,035,000 | 1,152,000 | 1,314,000 | 1,310,000 | 1,090,000 | 1,245,000 | 1,371,000 | 1,329,000 | 1,149,000 | 1,330,000 | 1,434,000 | 1,502,000 | 1,171,000 | 1,330,000 | 1,352,000 | 1,305,000 | 1,138,000 | 1,262,000 | 1,308,000 | 1,142,000 |
| Receivables turnover | 7.46 | 6.80 | 5.94 | 5.96 | 7.21 | 6.34 | 5.92 | 6.28 | 7.46 | 6.25 | 5.80 | 5.43 | 6.62 | 5.98 | 5.72 | 5.60 | 6.21 | 5.43 | 5.21 | 6.41 |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $7,723,000K ÷ $1,035,000K
= 7.46
The receivables turnover ratio is a measure of how effectively a company is able to collect payments from its customers. It indicates the number of times a company's accounts receivable are collected and replaced during a given period.
For Masco Corporation, the receivables turnover ratio has shown some fluctuations over the past few years. From March 31, 2020, to December 31, 2024, the ratio ranged from a low of 5.21 to a peak of 7.46. Overall, the trend seems to have been increasing, with occasional dips in between.
A higher receivables turnover ratio generally signifies that the company is collecting its accounts receivable more efficiently and quickly. Conversely, a lower ratio may indicate potential issues with collecting payments promptly.
The variation in Masco Corporation's receivables turnover ratio could be influenced by factors such as changes in credit policies, customer payment behavior, economic conditions, and industry trends. It is important for the company to monitor this ratio regularly to ensure efficient management of its accounts receivable and maintain healthy cash flows.
Peer comparison
Dec 31, 2024