Williams Companies Inc (WMB)
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 | 10,503,000 | 10,544,000 | 10,450,000 | 10,597,000 | 10,907,000 | 11,053,000 | 11,515,000 | 11,522,000 | 10,965,000 | 11,292,000 | 10,746,000 | 10,539,000 | 10,627,000 | 9,462,000 | 8,920,000 | 8,418,000 | 7,719,000 | 7,734,000 | 7,800,000 | 8,060,000 |
| Receivables | US$ in thousands | 1,863,000 | 1,310,000 | 1,398,000 | 1,355,000 | 1,655,000 | 1,419,000 | 1,362,000 | 1,524,000 | 2,723,000 | 2,659,000 | 2,784,000 | 1,973,000 | 1,978,000 | 1,986,000 | 999,000 | 1,058,000 | 999,000 | 1,011,000 | 907,000 | 930,000 |
| Receivables turnover | 5.64 | 8.05 | 7.47 | 7.82 | 6.59 | 7.79 | 8.45 | 7.56 | 4.03 | 4.25 | 3.86 | 5.34 | 5.37 | 4.76 | 8.93 | 7.96 | 7.73 | 7.65 | 8.60 | 8.67 |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $10,503,000K ÷ $1,863,000K
= 5.64
The receivables turnover ratio for Williams Companies Inc has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The ratio started at 8.67 in March 2020, decreased slightly to 7.65 in September 2020, and continued to fluctuate between 7 and 8 throughout 2020 and 2021.
In the latter half of 2021, the receivables turnover ratio experienced a significant decline to 4.76 in September 2021 and then improved to 5.37 by December 31, 2021. However, the ratio continued to fluctuate in 2022, ranging between 3.86 and 5.34.
By March 31, 2023, the receivables turnover ratio recovered to 7.56 and peaked at 8.45 by June 30, 2023. The ratio stabilized around 7 to 8 until the end of 2024, with values ranging from 5.64 to 8.05.
Overall, the receivables turnover ratio indicates the efficiency of Williams Companies Inc in collecting outstanding receivables from customers. The fluctuations observed may reflect changes in credit policies, sales patterns, or customer payment behavior. Investors and analysts need to monitor these trends to assess the company's ability to effectively manage its accounts receivable and maintain healthy cash flows.
Peer comparison
Dec 31, 2024