UnitedHealth Group Incorporated (UNH)
Receivables turnover
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Revenue | US$ in thousands | 400,278,000 | 367,533,000 | 322,132,000 | 285,273,000 | 255,639,000 |
Receivables | US$ in thousands | — | — | — | — | — |
Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $400,278,000K ÷ $—K
= —
In the provided data, the receivables turnover ratio for UnitedHealth Group Incorporated is indicated as "—", indicating that specific information regarding receivables turnover for the years December 31, 2020 through December 31, 2024 is not available.
Receivables turnover is a crucial financial metric that helps assess a company's efficiency in collecting outstanding receivables from its customers. A higher receivables turnover ratio generally suggests that the company is collecting its accounts receivables more efficiently.
Without the specific values for UnitedHealth Group's receivables turnover, it is challenging to evaluate the company's effectiveness in managing its accounts receivable and monitor any potential trends in collecting outstanding amounts from its customers. It is essential for investors and analysts to have access to this information for a more comprehensive assessment of the company's financial performance and operational efficiency.
Peer comparison
Dec 31, 2024