Thermo Fisher Scientific Inc (TMO)

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 42,879,000 42,370,000 42,346,000 42,492,000 42,857,000 43,421,000 43,524,000 43,807,000 44,915,000 44,167,000 42,820,000 41,123,000 39,211,000 39,059,000 38,250,000 35,894,000 32,218,000 28,497,000 26,248,000 25,647,000
Receivables US$ in thousands
Receivables turnover

December 31, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $42,879,000K ÷ $—K
= —

The receivables turnover ratio for Thermo Fisher Scientific Inc is not provided for the period between March 31, 2020, and December 31, 2024, as indicated in the financial data. The receivables turnover ratio is a financial metric that measures the efficiency of a company in collecting its accounts receivable during a specific period.

Based on the lack of data regarding the receivables turnover ratio, it is not possible to assess how quickly Thermo Fisher Scientific Inc is converting its accounts receivable into cash. A higher receivables turnover ratio generally indicates a shorter time frame for collecting outstanding receivables, highlighting efficient credit management practices.

In the absence of specific values for the receivables turnover ratio, further analysis and comparison with industry benchmarks and historical trends would be required to evaluate Thermo Fisher Scientific Inc's performance in managing its accounts receivable effectively. It is recommended for stakeholders and investors to monitor future financial reports to track changes in the receivables turnover ratio and assess the company's liquidity and operational efficiency.


Peer comparison

Dec 31, 2024

Company name
Symbol
Receivables turnover
Thermo Fisher Scientific Inc
TMO
Onto Innovation Inc
ONTO
3.20
Rockwell Automation Inc
ROK
4.54
Trimble Inc
TRMB

See also:

Thermo Fisher Scientific Inc Receivables Turnover (Quarterly Data)