MaxLinear Inc (MXL)

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	360,528	393,714	448,142	540,090	693,263	858,496	1,008,696	1,104,767	1,120,252	1,077,555	1,021,599	946,966	892,398	839,225	766,084	625,928	478,596	353,898	277,285	294,572
Receivables	US$ in thousands	85,464	47,930	84,940	126,230	170,619	158,232	155,834	188,733	170,971	178,072	137,065	125,693	119,724	106,867	135,321	87,521	67,442	105,355	41,434	44,796
Receivables turnover		4.22	8.21	5.28	4.28	4.06	5.43	6.47	5.85	6.55	6.05	7.45	7.53	7.45	7.85	5.66	7.15	7.10	3.36	6.69	6.58

December 31, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $360,528K ÷ $85,464K
= 4.22

The receivables turnover ratio for MaxLinear Inc shows a fluctuating trend over the analyzed period, indicating varying efficiency in collecting outstanding receivables.

The ratio peaked at 8.21 on September 30, 2024, indicating that the company converted its accounts receivable into cash 8.21 times during the year. This suggests a strong ability to collect payments from customers promptly.

Conversely, the lowest receivables turnover ratio was observed on December 31, 2023, at 4.06, implying a longer period for collecting receivables during that quarter.

Overall, the trend in the receivables turnover ratio demonstrates the importance of evaluating the efficiency of MaxLinear Inc in managing its accounts receivable and collecting payments in a timely manner. A higher turnover ratio generally reflects effective credit policies and efficient collections, while a lower ratio may indicate potential issues with credit management or collection processes that may require further attention and analysis.