Omnicom Group Inc (OMC)
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 | 15,689,100 | 15,427,800 | 15,123,300 | 14,879,400 | 14,692,200 | 14,499,500 | 14,364,800 | 14,322,100 | 14,289,100 | 14,276,700 | 14,268,300 | 14,272,700 | 14,289,300 | 14,190,500 | 13,962,000 | 13,191,100 | 13,171,100 | 13,555,300 | 13,972,600 | 14,891,700 |
| Receivables | US$ in thousands | 9,242,000 | 8,570,000 | 8,432,500 | 7,905,800 | 8,659,800 | 7,285,800 | 7,460,100 | 7,062,200 | 8,097,100 | 6,532,300 | 7,043,700 | 7,071,600 | 8,472,500 | 7,186,200 | 7,246,300 | 6,633,200 | 7,813,400 | 6,298,300 | 5,290,800 | 6,690,500 |
| Receivables turnover | 1.70 | 1.80 | 1.79 | 1.88 | 1.70 | 1.99 | 1.93 | 2.03 | 1.76 | 2.19 | 2.03 | 2.02 | 1.69 | 1.97 | 1.93 | 1.99 | 1.69 | 2.15 | 2.64 | 2.23 |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $15,689,100K ÷ $9,242,000K
= 1.70
The receivables turnover ratio measures how effectively Omnicom Group Inc is managing its accounts receivable. A higher receivables turnover ratio indicates that the company is collecting payments from its customers more quickly.
Analyzing the receivables turnover data over the specified periods, we can observe fluctuations in the ratio. The ratio ranged from a low of 1.69 to a high of 2.64 during the period under review.
In general, a declining trend in the receivables turnover ratio may suggest that Omnicom Group Inc is taking longer to collect payments from its customers, which could potentially lead to cash flow issues. On the other hand, an increasing trend in the ratio indicates that the company is improving its collection process and managing its accounts receivable more efficiently.
It is important for stakeholders to closely monitor changes in the receivables turnover ratio to assess the company's liquidity and collection practices. Further analysis and comparison with industry benchmarks would provide deeper insights into Omnicom Group Inc's financial performance and operational efficiency.
Peer comparison
Dec 31, 2024