Union Pacific Corporation (UNP)
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 | 24,513,000 | 24,228,000 | 23,764,000 | 23,393,000 | 23,193,000 | 23,381,000 | 24,038,000 | 24,298,000 | 23,955,000 | 22,534,000 | 21,746,000 | 21,297,000 | 20,745,000 | 21,212,000 | 20,565,000 | 19,305,000 | 19,533,000 | 19,604,000 | 20,201,000 | 21,553,000 |
| Receivables | US$ in thousands | 1,894,000 | 2,036,000 | 2,118,000 | 2,162,000 | 2,073,000 | 1,934,000 | 1,826,000 | 1,955,000 | 1,891,000 | 2,052,000 | 2,052,000 | 1,958,000 | 1,722,000 | 1,679,000 | 1,666,000 | 1,610,000 | 1,505,000 | 1,565,000 | 1,388,000 | 1,669,000 |
| Receivables turnover | 12.94 | 11.90 | 11.22 | 10.82 | 11.19 | 12.09 | 13.16 | 12.43 | 12.67 | 10.98 | 10.60 | 10.88 | 12.05 | 12.63 | 12.34 | 11.99 | 12.98 | 12.53 | 14.55 | 12.91 |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $24,513,000K ÷ $1,894,000K
= 12.94
The receivables turnover ratio for Union Pacific Corporation has fluctuated over the past few years. Starting at 12.91 on March 31, 2020, it increased to a peak of 14.55 on June 30, 2020, before dropping back down to 11.99 on March 31, 2021. Since then, there have been slight fluctuations, with the ratio ranging between 10.60 and 13.16.
A higher receivables turnover ratio indicates that the company is able to collect its outstanding receivables more quickly, which is generally seen as a positive sign of efficiency. On the other hand, a declining ratio may suggest potential issues with collecting on accounts receivable in a timely manner.
Overall, Union Pacific Corporation's receivables turnover ratio demonstrates variations but has generally remained within a moderate range, indicating relatively effective management of accounts receivable during the period under review.
Peer comparison
Dec 31, 2024
See also:
Union Pacific Corporation Receivables Turnover (Quarterly Data)