VeriSign Inc (VRSN)

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	1,557,400	1,542,400	1,528,100	1,513,000	1,493,100	1,481,900	1,462,500	1,442,400	1,424,900	1,396,000	1,373,400	1,350,900	1,327,600	1,307,632	1,291,211	1,276,176	1,265,100	1,255,311	1,245,853	1,237,777
Receivables	US$ in thousands	5,600	6,000	3,600	6,500	6,300	4,600	6,900	—	6,200	12,900	10,600	6,700	5,284	9,153	9,785	6,315	4,642	6,356	5,338	5,047
Receivables turnover		278.11	257.07	424.47	232.77	237.00	322.15	211.96	—	229.82	108.22	129.57	201.63	251.25	142.86	131.96	202.09	272.53	197.50	233.39	245.25

December 31, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $1,557,400K ÷ $5,600K
= 278.11

VeriSign Inc's receivables turnover ratio measures the company's efficiency in collecting outstanding receivables from customers during a specific period.

The trend analysis indicates fluctuations in the receivables turnover ratio over the years, showing variability in the company's ability to manage its accounts receivables efficiently.

For example, the ratio was exceptionally high in the second quarter of 2024, indicating that VeriSign Inc collected outstanding receivables at a rapid pace during that period. This could imply effective credit and collection policies or favorable payment terms with customers.

Conversely, the ratio was significantly lower in the third quarter of 2022, suggesting a slower pace in collecting receivables during that period. This could potentially point to challenges in credit control or delays in customer payments.

Overall, analyzing the receivables turnover ratio over time provides insights into VeriSign Inc's effectiveness in managing its accounts receivables and cash flow, highlighting areas of strength and potential improvement in the company's financial management practices.