Sturm Ruger & Company Inc (RGR)
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 | 535,643 | 520,485 | 519,091 | 531,134 | 543,767 | 562,374 | 580,871 | 578,720 | 595,842 | 614,659 | 653,515 | 712,934 | 730,736 | 731,955 | 699,414 | 629,606 | 568,868 | 504,747 | 454,041 | 420,106 |
| Receivables | US$ in thousands | 67,145 | 60,157 | 56,119 | 65,815 | 59,864 | 59,899 | 53,066 | — | 65,449 | — | — | — | 57,036 | — | — | — | — | — | — | — |
| Receivables turnover | 7.98 | 8.65 | 9.25 | 8.07 | 9.08 | 9.39 | 10.95 | — | 9.10 | — | — | — | 12.81 | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $535,643K ÷ $67,145K
= 7.98
The receivables turnover ratio for Sturm Ruger & Company Inc has shown fluctuations over the past years. As of December 31, 2021, the receivables turnover was 12.81, indicating that the company collects its accounts receivable approximately 12.81 times during the year. This may suggest efficient management of accounts receivable and timely collection from customers.
However, in subsequent periods, the receivables turnover ratio has decreased to 9.10 as of December 31, 2022, 9.08 as of December 31, 2023, and further declining to 7.98 as of December 31, 2024. A decreasing trend in the receivables turnover ratio may signify longer collection periods, potential issues with credit policies, or difficulties in collecting receivables promptly.
It is essential for Sturm Ruger & Company Inc to monitor and improve its collections process to ensure timely cash flows and efficient management of accounts receivable. Analyzing the reasons behind the decreasing trend in the receivables turnover ratio can help the company address any underlying issues and enhance its overall financial performance.
Peer comparison
Dec 31, 2024