US Foods Holding Corp (USFD)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 37,868,000 | 35,258,000 | 33,807,000 | 29,252,000 | 22,664,000 |
| Receivables | US$ in thousands | 1,957,000 | 1,854,000 | 1,700,000 | 1,469,000 | 1,084,000 |
| Receivables turnover | 19.35 | 19.02 | 19.89 | 19.91 | 20.91 |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $37,868,000K ÷ $1,957,000K
= 19.35
The receivables turnover ratio for US Foods Holding Corp has shown a steady decline over the years, decreasing from 20.91 in December 2020 to 19.35 in December 2024. This indicates that the company is taking longer to collect payments from its customers, which could potentially impact its cash flow and liquidity position. A decreasing trend in receivables turnover may suggest issues with credit policies, collection efficiency, or customer payment delays. It is important for the company to closely monitor and address the reasons behind this trend to ensure prompt collection of accounts receivable and maintain a healthy working capital cycle.
Peer comparison
Dec 31, 2024