Revvity Inc. (RVTY)

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	Jul 5, 2020	Apr 5, 2020
Revenue (ttm)	US$ in thousands	2,755,399	2,792,741	2,753,945	2,745,319	2,747,137	2,721,641	2,788,191	3,000,774	3,311,822	3,598,518	3,748,030	3,763,135	3,827,812	4,154,512	4,257,222	4,158,193	3,782,749	3,233,635	2,976,533	2,887,332
Receivables	US$ in thousands	632,400	602,141	597,436	588,974	632,811	644,574	626,935	—	612,780	—	—	—	1,023,790	—	—	—	—	—	—	—
Receivables turnover		4.36	4.64	4.61	4.66	4.34	4.22	4.45	—	5.40	—	—	—	3.74	—	—	—	—	—	—	—

December 31, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $2,755,399K ÷ $632,400K
= 4.36

Revvity Inc.'s receivables turnover ratio has shown fluctuations over the years. As of December 31, 2021, the company had a receivables turnover of 3.74. This indicates that Revvity was turning over its accounts receivable approximately 3.74 times during that period.

Subsequently, the receivables turnover improved to 5.40 by December 31, 2022, showing a more efficient collection of receivables. However, the ratio dipped slightly to 4.45 by June 30, 2023, before stabilizing around 4.60 in the following quarters.

Overall, the trend in the receivables turnover ratio suggests that Revvity Inc. has been effective in managing its accounts receivable turnover, with occasional fluctuations that may reflect seasonal factors or changes in the company's credit policies. A higher turnover ratio generally signifies that the company is collecting its receivables more quickly, which can be indicative of efficient credit management practices.