Altria Group (MO)

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 20,444,000 20,362,000 20,295,000 20,456,000 20,502,000 20,561,000 20,696,000 20,632,000 20,688,000 20,691,000 20,810,000 21,050,000 21,111,000 21,080,000 21,227,000 20,675,000 20,841,000 20,588,000 20,322,000 20,453,000
Receivables US$ in thousands
Receivables turnover

December 31, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $20,444,000K ÷ $—K
= —

The receivables turnover ratio for Altria Group is currently not available as the data for accounts receivable turnover is unavailable for the periods provided. Receivables turnover is a vital metric that helps assess how efficiently a company is collecting payments from its customers. A higher receivables turnover ratio indicates that the company is collecting payments quickly, which is a positive sign. On the other hand, a low ratio may suggest that the company is facing difficulties in collecting payments, which could impact its liquidity and cash flow. Monitoring the receivables turnover ratio over time can provide insight into the effectiveness of the company's credit and collection policies as well as its overall financial health.


Peer comparison

Dec 31, 2024

Company name
Symbol
Receivables turnover
Altria Group
MO
Philip Morris International Inc
PM
7.97

See also:

Altria Group Receivables Turnover (Quarterly Data)