Boston Beer Company Inc (SAM)
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 | 2,012,926 | 2,004,349 | 2,000,471 | 2,024,677 | 2,008,625 | 2,062,428 | 2,057,282 | 2,070,221 | 2,090,334 | 1,990,903 | 1,956,093 | 1,942,655 | 2,057,622 | 2,170,465 | 2,101,614 | 1,950,947 | 1,736,432 | 1,576,795 | 1,462,469 | 1,328,738 |
| Receivables | US$ in thousands | 68,104 | 94,101 | 126,612 | 73,206 | 68,708 | 87,977 | 118,815 | — | 66,798 | 96,601 | 126,113 | 154,160 | 108,440 | 124,040 | 126,354 | 109,157 | 88,751 | 96,850 | 102,755 | 67,076 |
| Receivables turnover | 29.56 | 21.30 | 15.80 | 27.66 | 29.23 | 23.44 | 17.32 | — | 31.29 | 20.61 | 15.51 | 12.60 | 18.97 | 17.50 | 16.63 | 17.87 | 19.57 | 16.28 | 14.23 | 19.81 |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $2,012,926K ÷ $68,104K
= 29.56
The receivables turnover ratio for Boston Beer Company Inc has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The ratio indicates how efficiently the company is collecting its accounts receivable during a specific period.
Initially, the receivables turnover ratio was 19.81 on March 31, 2020, indicating that the company collected its outstanding receivables nearly 20 times during that period. However, the ratio decreased to 12.60 on March 31, 2022, suggesting a decline in the speed of collecting receivables.
From there, the ratio gradually increased, reaching its peak at 31.29 on December 31, 2022, reflecting a significant improvement in receivables collection efficiency. This spike may indicate more effective credit management or collection processes during that period.
Subsequently, the ratio fluctuated between 15.80 and 29.56 for the period ending December 31, 2024, showing some volatility in receivables collection efficiency.
Overall, the trend of the receivables turnover ratio for Boston Beer Company Inc suggests varying levels of efficiency in collecting outstanding receivables over the analyzed period. Further analysis is needed to understand the factors influencing these fluctuations and to assess the company's overall accounts receivable management effectiveness.
Peer comparison
Dec 31, 2024