Post Holdings Inc (POST)
Receivables turnover
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 7,922,700 | 6,991,000 | 5,851,200 | 4,980,700 | 4,711,000 |
| Receivables | US$ in thousands | 582,900 | 512,400 | 544,200 | 452,400 | 441,600 |
| Receivables turnover | 13.59 | 13.64 | 10.75 | 11.01 | 10.67 |
September 30, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $7,922,700K ÷ $582,900K
= 13.59
The receivables turnover ratio for Post Holdings Inc has shown consistency over the past five years, ranging between 10.67 and 13.64. The ratio indicates how efficiently the company is able to collect outstanding receivables during a specific period.
A higher receivables turnover ratio generally suggests that the company is collecting its accounts receivable more efficiently, which is a positive sign. Post Holdings Inc's receivables turnover ratio has been relatively stable, reflecting a consistent ability to convert credit sales into cash.
In particular, the slight decrease from 2023 to 2024 is relatively small and may not raise significant concerns. Overall, the company's ability to manage its receivables effectively is evident, as indicated by the generally healthy turnover ratios observed in the past five years.
Peer comparison
Sep 30, 2024