Mondelez International Inc (MDLZ)

Receivables turnover

		Dec 31, 2024	Sep 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	Dec 31, 2019
Revenue (ttm)	US$ in thousands	37,412,000	36,837,000	36,140,000	36,016,000	35,397,000	34,131,000	32,898,000	31,496,000	30,459,000	29,878,000	29,246,000	28,720,000	28,360,000	27,843,000	27,112,000	26,581,000	26,196,000	25,886,000	26,037,000	25,868,000
Receivables	US$ in thousands	4,811,000	4,691,000	4,814,000	4,512,000	4,291,000	3,785,000	4,312,000	3,907,000	3,503,000	3,182,000	3,692,000	3,188,000	3,329,000	2,913,000	3,315,000	2,954,000	3,056,000	2,610,000	3,298,000	2,927,000
Receivables turnover		7.78	7.85	7.51	7.98	8.25	9.02	7.63	8.06	8.70	9.39	7.92	9.01	8.52	9.56	8.18	9.00	8.57	9.92	7.89	8.84

December 31, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $37,412,000K ÷ $4,811,000K
= 7.78

The receivables turnover ratio of Mondelez International Inc has shown some fluctuations over the analyzed period. The ratio ranged from a low of 7.51 on March 31, 2024, to a high of 9.92 on June 30, 2020. A higher receivables turnover ratio indicates that the company is collecting outstanding receivables more efficiently.

The average receivables turnover ratio for the period indicates that, on average, Mondelez International Inc collects its receivables around 8.46 times a year. This suggests that, on average, it takes approximately 43 days for the company to collect its receivables (assuming a 360-day year).

Overall, the receivables turnover ratio analysis shows that Mondelez International Inc has been effectively managing its receivables, with some fluctuations over time but without any significant concerns regarding its ability to collect outstanding receivables efficiently.