Sanmina Corporation (SANM)
Receivables turnover
| 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 7,551,700 | 7,577,960 | 7,933,580 | 8,418,020 | 8,904,310 | 9,085,410 | 8,906,110 | 8,514,240 | 7,922,760 | 7,348,510 | 6,984,030 | 6,759,880 | 6,753,930 | 6,978,280 | 6,979,700 | 6,875,450 | 6,960,370 | 6,977,620 | 7,349,930 | 7,886,020 |
| Receivables | US$ in thousands | -7,000 | -8,000 | -10,000 | -8,000 | -8,000 | -8,000 | — | -8,000 | -8,000 | — | — | — | -7,000 | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
September 30, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $7,551,700K ÷ $-7,000K
= —
The receivables turnover ratio for Sanmina Corporation is not provided in the table. This ratio is a measure of how efficiently a company is able to collect cash from its customers for credit sales. A higher receivables turnover ratio indicates that the company is collecting its accounts receivable more quickly.
To calculate the receivables turnover ratio, one would typically divide the net credit sales by the average accounts receivable balance for the period. Without the specific data for net credit sales and accounts receivable balances, it is not possible to calculate the ratio for Sanmina Corporation based on the information provided.
An analysis of the receivables turnover ratio over time can provide insights into the company's effectiveness in managing its accounts receivable and collecting cash from customers promptly. An increasing trend in the ratio may indicate improved efficiency in collecting receivables, while a declining trend could signal potential issues with collection processes or an increase in credit risk.
Further analysis and comparison with industry norms or historical data would be required to assess the performance of Sanmina Corporation in managing its accounts receivable effectively.
Peer comparison
Sep 30, 2024