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
See also:
Thermo Fisher Scientific Inc Receivables Turnover (Quarterly Data)