Penumbra Inc (PEN)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,194,620 | 1,058,520 | 847,133 | 747,590 | 560,412 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $1,194,620K ÷ $—K
= —
The data provided for Penumbra Inc's receivables turnover ratio is not available for the years 2020 to 2024. This ratio, typically calculated by dividing net credit sales by the average accounts receivable, signifies how efficiently a company is collecting its outstanding receivables during a specific period.
Without the specific numbers for Penumbra Inc's receivables turnover, it is challenging to provide a detailed analysis of the company's effectiveness in collecting receivables. A high turnover ratio generally indicates that the company efficiently collects outstanding payments, while a low ratio may suggest potential issues with collections or credit terms.
To gain a better understanding of Penumbra Inc's receivables management and overall financial health, it would be necessary to obtain the relevant financial data and calculate the receivables turnover ratio for each year in question. This ratio is crucial as it provides insights into how promptly the company is converting its credit sales into cash, which is vital for assessing liquidity and operational efficiency.
Peer comparison
Dec 31, 2024