Insperity Inc (NSP)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 6,581,000 | 6,458,730 | 5,924,610 | 4,965,610 | 4,278,990 |
| Receivables | US$ in thousands | 829,000 | 694,000 | 622,764 | 513,306 | 392,746 |
| Receivables turnover | 7.94 | 9.31 | 9.51 | 9.67 | 10.90 |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $6,581,000K ÷ $829,000K
= 7.94
Insperity Inc's receivables turnover has shown a decreasing trend over the years, declining from 10.90 in December 31, 2020, to 7.94 in December 31, 2024. This indicates that the company is collecting its accounts receivables less frequently as time progresses. A decreasing receivables turnover could imply potential issues with the company's credit policies, collection efficiency, or the quality of its customer base. It is essential for the company to closely monitor and manage its accounts receivables to ensure timely collection and maintain healthy cash flows.
Peer comparison
Dec 31, 2024
Company name
Symbol
Receivables turnover
Insperity Inc
NSP
7.94
AMN Healthcare Services Inc
AMN
5.94
ASGN Inc
ASGN
6.30
ManpowerGroup Inc
MAN
4.16
Robert Half International Inc
RHI
7.50