Penumbra Inc (PEN)

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 1,194,615 1,163,776 1,133,683 1,095,779 1,058,522 995,059 937,791 884,636 847,133 829,928 806,367 782,281 747,590 710,477 671,436 592,287 560,412 538,777 527,203 556,295
Receivables US$ in thousands
Receivables turnover

December 31, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $1,194,615K ÷ $—K
= —

The receivables turnover ratio for Penumbra Inc for each period from March 31, 2020, to December 31, 2024, is indicated as "—", which implies that the specific data for accounts receivable turnover is not available or disclosed in the provided information.

Receivables turnover ratio is a financial metric that provides insight into how efficiently a company is managing its receivables by measuring the number of times a company collects its average accounts receivable balance during a particular period. A higher receivables turnover ratio typically indicates more effective management of receivables and better liquidity.

Without the specific values for the receivables turnover ratio, it is challenging to assess Penumbra Inc's effectiveness in collecting its accounts receivable and the efficiency of its credit management policies. Investors and analysts would need this critical information to evaluate the company's performance and financial health accurately.

In conclusion, without the actual data for the receivables turnover ratio, a detailed analysis of Penumbra Inc's performance in terms of managing its accounts receivable cannot be provided based on the information available.