MaxLinear Inc (MXL)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 360,528 | 693,263 | 1,120,250 | 892,398 | 478,596 |
| Receivables | US$ in thousands | 85,464 | 170,619 | 170,971 | 119,724 | 67,442 |
| Receivables turnover | 4.22 | 4.06 | 6.55 | 7.45 | 7.10 |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $360,528K ÷ $85,464K
= 4.22
The receivables turnover ratio for MaxLinear Inc has shown some fluctuations over the years. In 2020, the company had a receivables turnover of 7.10, which increased slightly to 7.45 in 2021. However, in 2022, the ratio decreased to 6.55, indicating a potential slowdown in collecting accounts receivable.
The trend continued in the following years, with a significant drop in the receivables turnover to 4.06 in 2023, and a slight recovery to 4.22 in 2024. The decrease in the receivables turnover ratio may suggest challenges in efficiently collecting outstanding receivables, which could impact the company's liquidity and cash flow management.
It is crucial for MaxLinear Inc to monitor and improve its accounts receivable management practices to enhance efficiency in collecting payments from customers and maintaining a healthy cash flow position. This analysis emphasizes the importance of managing receivables effectively to support the company's financial stability and operational performance.
Peer comparison
Dec 31, 2024