McKesson Corporation (MCK)
Receivables turnover
| Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 359,051,000 | 344,583,000 | 330,187,000 | 313,751,000 | 308,951,000 | 301,506,000 | 291,098,000 | 284,040,000 | 276,711,000 | 273,903,000 | 272,027,000 | 268,446,000 | 263,966,000 | 257,006,000 | 250,991,000 | 245,223,000 | 238,228,000 | 237,621,000 | 234,194,000 | 231,002,000 |
| Receivables | US$ in thousands | 25,643,000 | 25,831,000 | 25,270,000 | 23,743,000 | 21,622,000 | 23,066,000 | 22,494,000 | 21,860,000 | 19,410,000 | 20,537,000 | 20,109,000 | 19,900,000 | 18,583,000 | 18,355,000 | 20,140,000 | 20,198,000 | 19,181,000 | 18,877,000 | 19,285,000 | 17,768,000 |
| Receivables turnover | 14.00 | 13.34 | 13.07 | 13.21 | 14.29 | 13.07 | 12.94 | 12.99 | 14.26 | 13.34 | 13.53 | 13.49 | 14.20 | 14.00 | 12.46 | 12.14 | 12.42 | 12.59 | 12.14 | 13.00 |
March 31, 2025 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $359,051,000K ÷ $25,643,000K
= 14.00
The receivables turnover ratio for McKesson Corporation has shown some fluctuations over the past few years. The ratios range from a low of 12.14 to a high of 14.29 during the period from June 30, 2020, to March 31, 2025.
A high receivables turnover ratio indicates that the company is efficiently collecting payments from its customers, while a lower ratio may suggest that the company is taking longer to collect outstanding receivables.
Overall, McKesson's receivables turnover has generally remained within a moderate range, suggesting a reasonable balance in managing its accounts receivable. However, it is important to monitor trends in the ratio over time to ensure the company is effectively managing its receivables and maintaining a healthy cash flow position.
Peer comparison
Mar 31, 2025