Sitime Corporation (SITM)

Receivables turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Revenue US$ in thousands 202,697 143,993 283,605 218,808 116,156
Receivables US$ in thousands
Receivables turnover

December 31, 2024 calculation

Receivables turnover = Revenue ÷ Receivables
= $202,697K ÷ $—K
= —

Based on the provided data, there is no specific information available for the receivables turnover of Sitime Corporation for the years ending December 31 of 2020, 2021, 2022, 2023, and 2024. The absence of data suggests that the exact receivables turnover ratio, which indicates how efficiently a company is collecting its accounts receivable, is not disclosed or calculated for these periods.

Receivables turnover is a key ratio used to assess the effectiveness of a company's credit and collection policies. A higher receivables turnover ratio typically indicates a more efficient management of accounts receivable, as it shows that the company is collecting payments from customers quickly. Conversely, a lower ratio may signal potential issues with collecting payments promptly, which could impact cash flow and liquidity.

Without the specific values for receivables turnover, it is challenging to evaluate Sitime Corporation's performance in managing its accounts receivable over the mentioned years. Additional information or data points would be needed to conduct a more in-depth analysis and draw meaningful conclusions regarding Sitime Corporation's receivables turnover efficiency during these periods.