Post Holdings Inc (POST)
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 | 7,390,600 | 6,991,000 | 6,624,700 | 6,290,200 | 6,080,000 | 5,851,200 | 5,628,000 | 5,350,600 | 5,142,400 | 5,262,900 | 5,318,300 | 5,407,200 | 5,699,900 | 5,698,700 | 5,730,200 | 5,833,000 | 5,726,600 | 5,681,100 | 5,868,200 | 6,037,100 |
| Receivables | US$ in thousands | 586,700 | 512,400 | 564,900 | 576,300 | 539,100 | 544,200 | 551,300 | 477,800 | 531,800 | 452,400 | 562,900 | 554,800 | 452,700 | 441,600 | 419,500 | 551,200 | 451,800 | 445,100 | 473,400 | 500,400 |
| Receivables turnover | 12.60 | 13.64 | 11.73 | 10.91 | 11.28 | 10.75 | 10.21 | 11.20 | 9.67 | 11.63 | 9.45 | 9.75 | 12.59 | 12.90 | 13.66 | 10.58 | 12.68 | 12.76 | 12.40 | 12.06 |
December 31, 2023 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $7,390,600K ÷ $586,700K
= 12.60
The receivables turnover ratio for Post Holdings Inc has exhibited fluctuations over the past eight quarters. The ratio indicates how efficiently the company is able to collect its accounts receivable during a specific period.
In Q1 2024, the receivables turnover stood at 12.60, showing a decrease compared to the previous quarter. This suggests that the company may have taken longer to collect its receivables in Q1 2024.
The highest receivables turnover ratio in the provided data was observed in Q4 2023 at 13.64, indicating an improvement in the efficiency of collecting receivables. This may suggest that the company was able to collect its outstanding receivables more quickly during that period.
In contrast, the lowest receivables turnover ratio was recorded in Q2 2023 at 10.38. This could imply that the company faced challenges in collecting its accounts receivable promptly during that quarter.
Overall, analyzing the trend of the receivables turnover ratio can provide insights into the effectiveness of Post Holdings Inc's credit policies and collection efforts, highlighting areas that may require further attention or improvement.
Peer comparison
Dec 31, 2023