PepsiCo Inc (PEP)

Receivables turnover

		Dec 31, 2024	Sep 7, 2024	Jun 15, 2024	Mar 23, 2024	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
Revenue (ttm)	US$ in thousands	91,854,000	91,920,000	92,054,000	91,875,000	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
Receivables	US$ in thousands	10,333,000	12,088,000	11,942,000	10,938,000	10,815,000	11,782,000	11,456,000	10,469,000	10,163,000	—	—	—	8,680,000	—	—	—	8,404,000	—	—	—
Receivables turnover		8.89	7.60	7.71	8.40	8.46	7.78	7.87	8.41	8.50	—	—	—	9.16	—	—	—	8.37	—	—	—

December 31, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $91,854,000K ÷ $10,333,000K
= 8.89

The receivables turnover ratio for PepsiCo Inc has varied over the years, indicating different levels of efficiency in collecting payments from customers. The ratio in December 31, 2020, stood at 8.37, improved to 9.16 by December 31, 2021, signifying that the company was able to convert its accounts receivable into cash more quickly. However, the ratio fluctuated in subsequent periods, with values ranging from 7.60 to 8.89 until December 31, 2024. This suggests that PepsiCo's effectiveness in collecting payments from customers experienced some ups and downs during this period, with the most recent ratio at 8.89 demonstrating an improvement in the speed of collections compared to prior periods. Further analysis may be needed to understand the underlying reasons for these fluctuations and assess the impact on the company's overall financial health.