Veeco Instruments Inc (VECO)

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 717,301 709,094 701,653 687,415 666,435 646,310 640,857 643,215 646,137 645,310 623,643 605,988 583,276 569,250 531,082 483,375 454,163 428,419 425,295 424,480
Receivables US$ in thousands
Receivables turnover

December 31, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $717,301K ÷ $—K
= —

The Receivables Turnover ratio for Veeco Instruments Inc, based on the provided data, is not available for the periods from March 31, 2020, to December 31, 2024. This ratio indicates how efficiently the company is collecting payments from its customers. A higher turnover ratio is generally preferred as it signifies a shorter period for collecting outstanding receivables, indicating effective credit management and liquidity. However, the absence of data makes it challenging to assess Veeco's collection efficiency over the mentioned periods. Further insight into the company's receivables management practices would be necessary to evaluate its financial health comprehensively.


Peer comparison

Dec 31, 2024

Company name
Symbol
Receivables turnover
Veeco Instruments Inc
VECO
Axcelis Technologies Inc
ACLS
Azenta Inc
AZTA
3.77
Lam Research Corp
LRCX
5.91