Post Holdings Inc (POST)
Receivables turnover
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 7,922,700 | 7,858,000 | 7,769,700 | 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 |
| Receivables | US$ in thousands | 582,900 | 536,100 | 569,300 | 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 |
| Receivables turnover | 13.59 | 14.66 | 13.65 | 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 |
September 30, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $7,922,700K ÷ $582,900K
= 13.59
The receivables turnover ratio for Post Holdings Inc has fluctuated over the past several quarters. The ratio measures how efficiently the company is collecting on its accounts receivable. A higher turnover ratio indicates that the company is collecting its outstanding debts more quickly.
Looking at the trend over the last few quarters, we see that the receivables turnover ratio has generally been increasing since the end of 2019. This suggests that Post Holdings Inc has been improving its efficiency in collecting receivables.
In the most recent quarter, the receivables turnover ratio stands at 13.59, which is a good indicator of efficiency in collecting receivables. However, it is essential to consider industry benchmarks and compare the ratio to competitors to gain a better understanding of how well the company is managing its receivables.
Overall, the trend of increasing receivables turnover ratio indicates that Post Holdings Inc has been effectively managing its accounts receivable and converting them into cash. Further analysis and comparison with industry norms can provide more insights into the company's performance in this area.
Peer comparison
Sep 30, 2024