MGP Ingredients Inc (MGPI)
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 | 703,625 | 737,717 | 787,880 | 806,076 | 836,523 | 812,630 | 802,152 | 788,133 | 782,358 | 758,210 | 733,675 | 713,632 | 626,720 | 560,788 | 487,141 | 404,762 | 395,521 | 387,069 | 374,790 | 372,731 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $703,625K ÷ $—K
= —
The data provided for MGP Ingredients Inc's receivables turnover ratio does not include specific values for any time period from March 31, 2020, to December 31, 2024. The receivables turnover ratio is a measure of how efficiently a company is able to collect its outstanding receivables during a specific period.
Without the actual receivables turnover values, it is challenging to perform a detailed analysis of this ratio for MGP Ingredients Inc. Typically, a higher receivables turnover ratio is preferred as it indicates that the company is collecting its accounts receivable more quickly, which can improve cash flow and reduce the risk of bad debts.
To provide a comprehensive analysis, it would be necessary to have the actual receivables turnover figures over time to track any trends, compare them to industry benchmarks, and assess the company's efficiency in managing its accounts receivable. It is recommended to update the dataset with the relevant information to enable a more insightful analysis of MGP Ingredients Inc's receivables turnover ratio.