Rush Enterprises A Inc (RUSHA)

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	7,804,750	7,824,620	7,909,230	7,885,250	7,925,020	7,778,500	7,662,050	7,450,240	7,101,670	6,530,530	5,932,760	5,457,540	5,126,150	5,082,550	4,994,600	4,681,090	4,735,940	4,785,440	5,206,130	5,748,180
Receivables	US$ in thousands	363,434	282,553	286,848	303,444	282,986	263,480	236,870	229,684	250,427	220,832	232,129	186,757	166,189	149,281	160,435	187,171	196,508	155,677	162,677	214,597
Receivables turnover		21.48	27.69	27.57	25.99	28.00	29.52	32.35	32.44	28.36	29.57	25.56	29.22	30.85	34.05	31.13	25.01	24.10	30.74	32.00	26.79

December 31, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $7,804,750K ÷ $363,434K
= 21.48

The receivables turnover of Rush Enterprises A Inc has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The ratio indicates the efficiency with which the company is able to collect outstanding receivables from its customers during a specific period.

The values ranged from a low of 21.48 in December 31, 2024, to a high of 34.05 in September 30, 2021. A higher receivables turnover ratio implies that the company is collecting its outstanding receivables more quickly, which can be a positive sign of efficient credit management.

Despite some fluctuations, it is important to note that the receivables turnover ratio remained relatively stable over the period, with a general trend of staying within a moderate range. This stability suggests that the company's credit policies and collection efforts are reasonably effective.

It is also worth noting that a sudden significant increase or decrease in the receivables turnover could indicate changes in customer payment behavior, shifts in industry dynamics, or adjustments in the company's credit terms. Investors and stakeholders should monitor these ratios alongside other financial metrics to gain a holistic understanding of Rush Enterprises A Inc's financial performance and credit management practices.