Sanmina Corporation (SANM)

Receivables turnover

		Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Revenue	US$ in thousands	7,568,330	8,898,760	7,890,480	6,756,640	6,960,370
Receivables	US$ in thousands	-7,000	-8,000	-8,000	-7,000	-8,570
Receivables turnover		—	—	—	—	—

September 30, 2024 calculation

Receivables turnover = Revenue ÷ Receivables
= $7,568,330K ÷ $-7,000K
= —

To calculate Sanmina Corporation's receivables turnover ratio for each fiscal year, we need the following information: net credit sales and average accounts receivable. The receivables turnover ratio is a measure of how efficiently a company is collecting its accounts receivable during a period.

The formula for receivables turnover ratio is:
Receivables Turnover = Net Credit Sales / Average Accounts Receivable

Unfortunately, the data provided in the table does not include the necessary figures to compute the receivables turnover ratio for Sanmina Corporation. To perform an accurate analysis, we would need the net credit sales for each year and the average accounts receivable balances. The receivables turnover ratio is a key indicator of a company's ability to collect cash from its customers in a timely manner, and a higher ratio generally signifies more effective management of accounts receivable.