PPL Corporation (PPL)
Receivables turnover
| Dec 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 8,462,000 | 8,282,000 | 8,259,000 | 8,201,000 | 8,312,000 | 8,571,000 | 8,662,000 | 8,535,000 | 7,902,000 | 7,097,000 | 6,475,000 | 6,067,000 | 5,783,000 | 5,669,000 | 5,557,000 | 5,532,000 | 5,474,000 | 6,057,000 | 6,590,000 | 7,130,000 |
| Receivables | US$ in thousands | 1,037,000 | 1,000,000 | 1,042,000 | 1,270,000 | 1,221,000 | 1,068,000 | 1,049,000 | 1,154,000 | 1,046,000 | 926,000 | 867,000 | 669,000 | 641,000 | 651,000 | 658,000 | 711,000 | 881,000 | 830,000 | 771,000 | 837,000 |
| Receivables turnover | 8.16 | 8.28 | 7.93 | 6.46 | 6.81 | 8.03 | 8.26 | 7.40 | 7.55 | 7.66 | 7.47 | 9.07 | 9.02 | 8.71 | 8.45 | 7.78 | 6.21 | 7.30 | 8.55 | 8.52 |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $8,462,000K ÷ $1,037,000K
= 8.16
The receivables turnover ratio for PPL Corporation has shown some fluctuations over the given period. The ratio indicates how efficiently the company is collecting its accounts receivable from customers. A higher receivables turnover ratio typically signifies better efficiency in collecting funds owed by customers.
The data shows that the receivables turnover ranged from a low of 6.21 on December 31, 2020, to a peak of 9.07 on March 31, 2022. The ratio has generally been in the range of 6.21 to 9.07, with occasional fluctuations. It is important to note that a consistent increase or decrease in the ratio over time can provide insights into the company's credit policies, customer payment behaviors, and overall financial health.
Overall, the receivables turnover ratio for PPL Corporation reflects a moderate level of efficiency in collecting accounts receivable during the period under review. It would be beneficial for analysts to further investigate the reasons behind the fluctuations in the ratio to assess the company's performance in managing its receivables effectively.
Peer comparison
Dec 31, 2024