PPL Corporation (PPL)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 8,462,000 | 8,312,000 | 7,902,000 | 5,783,000 | 5,474,000 |
| Receivables | US$ in thousands | 1,037,000 | 1,221,000 | 1,046,000 | 641,000 | 881,000 |
| Receivables turnover | 8.16 | 6.81 | 7.55 | 9.02 | 6.21 |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $8,462,000K ÷ $1,037,000K
= 8.16
To analyze PPL Corporation's receivables turnover over the past five years, we can see a fluctuating trend. The receivables turnover ratio indicates the efficiency of the company in collecting outstanding receivables from its customers during a specific period.
For the fiscal year ending December 31, 2020, PPL Corporation had a receivables turnover ratio of 6.21 times, implying that on average, the company collected its outstanding receivables approximately 6.21 times during that year.
In the subsequent years, the receivables turnover ratio showed variability. The ratio increased significantly to 9.02 times by December 31, 2021, indicating an improvement in the efficiency of receivables collection. It then decreased to 7.55 times by December 31, 2022, followed by a further decline to 6.81 times by December 31, 2023.
However, there was a rebound in the receivables turnover ratio to 8.16 times by December 31, 2024. This increase suggests that the company may have implemented measures to enhance its collections process.
Overall, analyzing PPL Corporation's receivables turnover reveals fluctuations in the efficiency of collecting outstanding receivables over the past five years, with a notable increase in 2021 followed by varying levels in subsequent years.
Peer comparison
Dec 31, 2024