Pitney Bowes Inc (PBI)
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 | 2,639,263 | 2,994,720 | 3,279,008 | 3,262,319 | 3,266,348 | 3,303,461 | 3,350,624 | 3,445,638 | 3,538,042 | 3,613,063 | 3,657,598 | 3,685,306 | 3,673,561 | 3,718,269 | 3,734,718 | 3,673,007 | 3,554,078 | 3,357,001 | 3,255,228 | 3,278,515 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $2,639,263K ÷ $—K
= —
The receivables turnover ratio for Pitney Bowes Inc, as per the provided data, is not available (denoted as "—") for all the reported periods from March 31, 2020, to December 31, 2024. This lack of data makes it challenging to assess how efficiently the company is managing its accounts receivable over time.
The receivables turnover ratio is a key metric that indicates how many times a company collects its average accounts receivable balance within a specific period. A high receivables turnover ratio generally reflects efficient collection practices, while a low ratio may indicate issues with collecting outstanding payments.
Given the absence of specific data points, it is not possible to analyze changes or trends in Pitney Bowes Inc's receivables turnover ratio over the respective periods specified. However, it is essential for the company to monitor and strive to improve its receivables turnover ratio to optimize cash flow and working capital management.