Insulet Corporation (PODD)

Receivables turnover

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Revenue (ttm)	US$ in thousands	1,697,100	1,557,000	1,465,100	1,368,000	1,305,300	1,243,300	1,178,100	1,141,900	1,098,800	1,069,800	1,016,800	968,800	904,400	835,100	788,794	743,088	704,628	660,135	628,071	575,549
Receivables	US$ in thousands	-2,500	—	—	217,200	205,600	201,400	206,600	189,300	161,000	130,400	118,300	117,300	95,400	100,600	100,300	80,100	79,000	77,537	78,739	78,158
Receivables turnover		—	—	—	6.30	6.35	6.17	5.70	6.03	6.82	8.20	8.60	8.26	9.48	8.30	7.86	9.28	8.92	8.51	7.98	7.36

December 31, 2023 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $1,697,100K ÷ $-2,500K
= —

Insulet Corporation's receivables turnover has shown fluctuations over the past eight quarters. The trend indicates a general decrease in receivables turnover from Q1 2022 to Q4 2023. This decline may suggest a potential slowdown in the company's collection of accounts receivable, which could indicate issues with customer payment behavior or credit policies. Furthermore, the decreasing trend in receivables turnover may also signal potential liquidity concerns in the future if not addressed promptly. It is essential for Insulet Corporation to closely monitor and analyze its receivables turnover to ensure efficient management of its accounts receivable and maintain a healthy cash flow position.