Organon & Co (OGN)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 6,403,000 | 6,409,000 | 6,346,000 | 6,347,000 | 6,263,000 | 6,150,000 | 6,168,000 | 6,145,000 | 6,174,000 | 6,293,000 | 6,356,000 | 6,366,000 | 6,305,000 | 7,878,000 | 7,891,000 | 7,822,000 | 8,096,000 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $6,403,000K ÷ $—K
= —
The receivables turnover ratio for Organon & Co is not available for the period from December 31, 2020, to December 31, 2024. This ratio measures how efficiently a company is collecting payments from its customers on credit sales. A higher receivables turnover ratio indicates that the company is collecting payments more quickly, which is generally favorable as it implies a shorter cash conversion cycle and better liquidity. Conversely, a lower ratio may suggest potential issues with collecting receivables in a timely manner, which could lead to cash flow problems.
Given the absence of specific data, it is challenging to assess Organon & Co's performance in managing its accounts receivable efficiently using the receivables turnover ratio. It would be advisable for the company to track and report this ratio in future financial statements to provide stakeholders with valuable insights into its credit management and liquidity position.
Peer comparison
Dec 31, 2024