Veralto Corporation (VLTO)
Receivables turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | ||
|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 5,106,000 | 5,008,000 | 4,944,000 |
| Receivables | US$ in thousands | 977,000 | 839,000 | 803,000 |
| Receivables turnover | 5.23 | 5.97 | 6.16 |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $5,106,000K ÷ $977,000K
= 5.23
The receivables turnover of Veralto Corporation has shown a gradual decrease over the course of the year, from 6.16 in June 30, 2024, to 5.97 in September 30, 2024, and further down to 5.23 by December 31, 2024. This indicates that the company is collecting its accounts receivables less frequently as the year progresses. A declining receivables turnover may imply longer collection periods or potential issues with credit policies, efficiency in collections, or customer payment behaviors. Veralto Corporation may need to review and improve its credit management and collection processes to enhance its cash flow and overall financial performance.
Peer comparison
Dec 31, 2024