ViaSat Inc (VSAT)
Receivables turnover
| Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 4,519,570 | 4,522,500 | 4,527,270 | 4,630,430 | 4,283,761 | 3,799,850 | 3,322,754 | 2,754,017 | 2,652,449 | 2,688,054 | 2,756,327 | 2,800,998 | 2,787,635 | 2,681,713 | 2,537,555 | 2,390,479 | 2,256,107 | 2,252,046 | 2,264,711 | 2,302,689 |
| Receivables | US$ in thousands | — | 670,462 | 781,250 | 876,889 | 939,710 | 1,445,850 | 664,482 | 630,530 | 419,934 | 368,827 | 320,249 | 372,118 | 359,269 | 363,013 | 369,222 | 364,494 | 238,652 | 202,792 | 249,581 | 270,436 |
| Receivables turnover | — | 6.75 | 5.79 | 5.28 | 4.56 | 2.63 | 5.00 | 4.37 | 6.32 | 7.29 | 8.61 | 7.53 | 7.76 | 7.39 | 6.87 | 6.56 | 9.45 | 11.11 | 9.07 | 8.51 |
March 31, 2025 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $4,519,570K ÷ $—K
= —
The receivables turnover ratio indicates how efficiently a company is able to collect payments from its customers. A higher turnover ratio signifies quicker collection of receivables, which is generally desirable as it indicates effective credit management and liquidity.
Analyzing the historical receivables turnover data of ViaSat Inc, we see fluctuations in the ratio over time. The ratio was relatively stable around the 7-9 range from June 30, 2020, to September 30, 2021. This suggests that the company was efficiently collecting payments from customers during this period.
However, there was a noticeable decline in receivables turnover from June 30, 2021, to September 30, 2022, where the ratio dropped to the 6-7 range. This could be an indication of potential issues with collecting payments on time or changes in the company's credit policies during this period.
From December 31, 2022, to December 31, 2024, we see some fluctuations in the receivables turnover ratio, with values ranging from 2.63 to 6.75. The significant drop to 2.63 on December 31, 2023, may raise concerns about the collection efficiency of ViaSat Inc during that specific period.
It is important to note that the receivables turnover ratio was not available for March 31, 2025, in the provided data.
Overall, a thorough analysis of ViaSat Inc's receivables turnover ratio reveals fluctuations over time, pointing to potential changes in the company's collection practices and efficiency in managing receivables. Monitoring this ratio is essential for assessing the company's financial health and ability to convert credit sales into cash effectively.
Peer comparison
Mar 31, 2025