PepsiCo Inc (PEP)
Receivables turnover
| Dec 31, 2023 | Sep 9, 2023 | Jun 17, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 3, 2022 | Jun 11, 2022 | Mar 19, 2022 | Dec 31, 2021 | Sep 4, 2021 | Jun 12, 2021 | Mar 20, 2021 | Dec 31, 2020 | Sep 5, 2020 | Jun 13, 2020 | Mar 21, 2020 | Dec 31, 2019 | Sep 7, 2019 | Mar 23, 2019 | Dec 31, 2018 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 91,471,000 | 91,617,000 | 90,135,000 | 88,038,000 | 86,392,000 | 83,644,000 | 81,862,000 | 80,854,000 | 79,474,000 | 76,681,000 | 74,583,000 | 71,311,000 | 70,372,000 | 68,557,000 | 67,654,000 | 64,593,000 | 70,236,000 | 66,081,000 | 64,983,000 | 64,661,000 |
| Receivables | US$ in thousands | 10,815,000 | 11,782,000 | 11,456,000 | 10,469,000 | 10,163,000 | — | — | — | 8,680,000 | — | — | — | 8,404,000 | — | — | — | — | — | — | — |
| Receivables turnover | 8.46 | 7.78 | 7.87 | 8.41 | 8.50 | — | — | — | 9.16 | — | — | — | 8.37 | — | — | — | — | — | — | — |
December 31, 2023 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $91,471,000K ÷ $10,815,000K
= 8.46
The receivables turnover ratio for PepsiCo Inc has shown some fluctuation over the recent periods. The average receivables turnover for the available data points is approximately 8.36. This indicates that, on average, PepsiCo collects its accounts receivable approximately 8.36 times during the given time period. A higher receivables turnover ratio is generally favorable as it suggests that the company is efficient in collecting payments from its customers.
However, it's important to note that there are missing data points in the analysis, which may limit the ability to draw a comprehensive trend analysis. It would be beneficial to have more consistent data points to evaluate the overall trend in receivables turnover performance.
Overall, the receivables turnover ratio for PepsiCo Inc indicates that the company is effectively managing its accounts receivable and collecting payments in a timely manner.
Peer comparison
Dec 31, 2023