ScanSource Inc (SCSC)
Receivables turnover
| Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 3,040,810 | 2,974,037 | 3,021,789 | 3,159,084 | 3,259,809 | 3,460,844 | 3,593,764 | 3,720,212 | 3,787,720 | 3,802,855 | 3,763,326 | 3,616,437 | 3,529,935 | 3,420,346 | 3,304,229 | 3,250,775 | 3,150,806 | 2,934,562 | 3,077,172 | 3,255,778 |
| Receivables | US$ in thousands | 635,521 | 562,820 | 549,112 | 567,127 | 682,545 | 589,847 | 662,799 | 691,669 | 833,291 | 684,458 | 779,562 | 744,946 | 729,442 | 642,384 | 613,186 | 589,532 | 568,984 | 509,404 | 534,583 | 509,779 |
| Receivables turnover | 4.78 | 5.28 | 5.50 | 5.57 | 4.78 | 5.87 | 5.42 | 5.38 | 4.55 | 5.56 | 4.83 | 4.85 | 4.84 | 5.32 | 5.39 | 5.51 | 5.54 | 5.76 | 5.76 | 6.39 |
June 30, 2025 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $3,040,810K ÷ $635,521K
= 4.78
The receivables turnover ratio for ScanSource Inc. demonstrates fluctuations over the specified periods, reflecting changes in the company's collection efficiency. Starting at 6.39 as of September 30, 2020, the ratio declined to a low of 4.55 by June 30, 2022, indicating a potential slowdown in receivables collection or increased credit extended during this period. From this trough, the ratio experienced a recovery, reaching 5.87 by March 31, 2024, suggesting an improvement in collection periods. Subsequently, the ratio exhibits slight fluctuations, with values such as 5.57 on September 30, 2024, and 5.28 on March 31, 2025, but maintains a general level around 5.5 in the most recent periods.
Overall, the pattern indicates periods of deterioration in receivables turnover followed by periods of recovery, reflecting potential variability in credit management or sales cycles. The ratio's recent values suggest that ScanSource Inc. is maintaining a moderate receivables collection efficiency, with a trend toward stabilization in the latter periods. This behavior underscores the importance of ongoing receivables management to optimize cash flow and minimize collection risk.
Peer comparison
Jun 30, 2025