ViaSat Inc (VSAT)
Receivables turnover
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 4,519,570 | 4,283,760 | 2,556,160 | 2,787,640 | 2,256,110 |
| Receivables | US$ in thousands | 539,522 | 939,710 | 419,934 | 312,172 | 238,652 |
| Receivables turnover | 8.38 | 4.56 | 6.09 | 8.93 | 9.45 |
March 31, 2025 calculation
Receivables turnover = Revenue ÷ Receivables
= $4,519,570K ÷ $539,522K
= 8.38
The receivables turnover ratio for ViaSat Inc has shown a declining trend over the past five years, decreasing from 9.45 in March 31, 2021 to 8.93 in March 31, 2022, then further dropping to 6.09 in March 31, 2023 and 4.56 in March 31, 2024, before rebounding to 8.38 in March 31, 2025.
A high receivables turnover ratio typically indicates efficient collection of receivables, with the company able to convert its outstanding receivables into cash quickly. In contrast, a lower ratio may suggest potential issues with collecting receivables promptly, which could impact the company's liquidity and cash flow.
The fluctuations in ViaSat Inc's receivables turnover ratio highlight the importance of closely monitoring the company's accounts receivables management practices to ensure timely collections and efficient cash flow management. Further analysis and comparison with industry benchmarks could provide additional insights into the company's performance in this area.
Peer comparison
Mar 31, 2025