Sitime Corporation (SITM)

Receivables turnover

		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	Jun 30, 2020	Mar 31, 2020
Revenue (ttm)	US$ in thousands	202,697	176,989	154,811	138,673	143,994	162,431	200,006	251,696	283,606	298,507	288,441	253,519	218,808	183,341	152,979	129,956	116,156	103,971	96,629	90,999
Receivables	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Receivables turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $202,697K ÷ $—K
= —

The receivables turnover ratio for Sitime Corporation is not available for the provided periods as all the values are shown as "—". The receivables turnover ratio is a financial metric that measures how efficiently a company is collecting its accounts receivable during a specific period. It is calculated by dividing the net credit sales by the average accounts receivable balance.

Without the specific numbers for the receivables turnover ratio, it is challenging to assess Sitime Corporation's effectiveness in collecting payments from its customers. A high receivables turnover ratio indicates that the company is efficiently managing its accounts receivable, while a low ratio may suggest potential issues with collecting payments in a timely manner or extending credit to customers.

To further evaluate Sitime Corporation's financial health and operational efficiency, it would be beneficial to obtain the actual values for the receivables turnover ratio for the periods in question and compare them to industry benchmarks or historical performance. This information could provide valuable insights into the company's liquidity, credit policies, and overall management of accounts receivable.