Sonoco Products Company (SON)
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 | 6,299,940 | 6,572,460 | 6,607,010 | 6,689,050 | 6,781,290 | 6,821,510 | 7,001,310 | 7,208,510 | 7,249,710 | 7,012,880 | 6,537,850 | 6,008,110 | 5,590,430 | 5,527,590 | 5,424,710 | 5,287,440 | 5,237,440 | 5,169,940 | 5,211,560 | 5,325,800 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $6,299,940K ÷ $—K
= —
The receivables turnover ratio provides insight into how efficiently a company is managing its accounts receivable. However, in this case, the data provided for Sonoco Products Company's receivables turnover from March 31, 2020, to December 31, 2024, indicates that the specific values are not available ("—") for each period. As a result, a detailed and comprehensive analysis of the receivables turnover ratio for Sonoco Products Company cannot be provided based on the provided data.
To analyze the receivables turnover ratio effectively, it is essential to have the accounts receivable values for each period to calculate the turnover ratio accurately. The receivables turnover ratio is typically calculated by dividing net credit sales by the average accounts receivable for a specific period.
Without the necessary data, it is not possible to assess how quickly Sonoco Products Company is collecting its accounts receivable or to determine any trends or fluctuations in the efficiency of its receivables management. It is crucial for stakeholders and analysts to have access to complete financial information to conduct a thorough evaluation of a company's financial performance and operational efficiency.
Peer comparison
Dec 31, 2024