Sanmina Corporation (SANM)

Receivables turnover

		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	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Revenue (ttm)	US$ in thousands	8,427,300	8,913,590	9,094,690	8,915,390	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	8,233,870	8,218,000	8,004,370
Receivables	US$ in thousands	-8,000	-8,000	-8,000	—	-8,000	-8,000	—	—	—	-7,000	—	—	—	—	—	—	—	—	—	—
Receivables turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2023 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $8,427,300K ÷ $-8,000K
= —

Unfortunately, the data provided does not include the receivables turnover ratio for Sanmina Corporation for the specified periods. Receivables turnover is a key ratio that measures how efficiently a company is collecting payments from its customers. It is calculated by dividing net credit sales by average accounts receivable during a specific period.

Without the specific receivables turnover figures, it is challenging to provide a detailed analysis of Sanmina Corporation's receivables management. However, a high receivables turnover ratio generally indicates that the company is efficiently collecting payments from customers, while a low ratio may suggest potential issues with collection or credit policies.

To further analyze Sanmina Corporation's receivables turnover performance, it is essential to calculate the ratio for each period provided and track any trends or fluctuations over time. This analysis can provide valuable insights into the company's credit management practices and overall financial health.