PepsiCo Inc (PEP)
Receivables turnover
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Revenue | US$ in thousands | 91,854,000 | 91,471,000 | 86,392,000 | 79,474,000 | 70,372,000 |
Receivables | US$ in thousands | 10,333,000 | 10,815,000 | 10,163,000 | 8,680,000 | 8,404,000 |
Receivables turnover | 8.89 | 8.46 | 8.50 | 9.16 | 8.37 |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $91,854,000K ÷ $10,333,000K
= 8.89
PepsiCo Inc's receivables turnover has shown fluctuations over the five-year period from December 31, 2020, to December 31, 2024. The turnover ratio increased from 8.37 in 2020 to 9.16 in 2021, indicating that the company collected its accounts receivables more efficiently in 2021. However, the ratio dipped to 8.50 in 2022, and then slightly decreased further to 8.46 in 2023. It rebounded in 2024 to 8.89, showing a modest improvement in collecting receivables compared to the previous year. Overall, PepsiCo Inc's management of accounts receivables turnover appears to be relatively stable, with some variations in efficiency observed over the years.
Peer comparison
Dec 31, 2024