Mondelez International Inc (MDLZ)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 36,441,000 | 36,016,000 | 31,496,000 | 28,720,000 | 26,581,000 |
| Receivables | US$ in thousands | 4,811,000 | 4,512,000 | 3,907,000 | 3,188,000 | 2,954,000 |
| Receivables turnover | 7.57 | 7.98 | 8.06 | 9.01 | 9.00 |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $36,441,000K ÷ $4,811,000K
= 7.57
To analyze Mondelez International Inc's receivables turnover, we note that the ratio has been relatively stable over the past five years, ranging from 7.57 to 9.01. A higher receivables turnover indicates that the company is collecting its accounts receivable more frequently, which can be seen as a positive sign of efficient credit management and liquidity.
However, the slight decrease in receivables turnover from 2021 to 2024 may suggest a slightly slower collection of receivables over the years. This could potentially indicate tightening credit policies, changes in customer payment behavior, or issues with collecting payments promptly.
Overall, while Mondelez International Inc's receivables turnover remains within a reasonable range, it would be important for the company to monitor any further declines and take appropriate actions to ensure efficient management of its accounts receivable in the future.
Peer comparison
Dec 31, 2024