Watts Water Technologies Inc (WTS)
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 | 2,252,200 | 2,259,300 | 2,220,000 | 2,155,500 | 2,056,300 | 2,010,700 | 1,994,200 | 1,988,000 | 1,979,500 | 1,951,500 | 1,918,700 | 1,859,100 | 1,809,200 | 1,738,700 | 1,667,600 | 1,539,300 | 1,508,600 | 1,505,500 | 1,516,300 | 1,594,400 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $2,252,200K ÷ $—K
= —
The receivables turnover for Watts Water Technologies Inc is not available for the periods indicated from March 31, 2020, to December 31, 2024. Receivables turnover is a financial ratio that measures a company's efficiency in collecting payments from its customers. A higher receivables turnover ratio usually indicates that the company is collecting its accounts receivable more quickly. Conversely, a lower ratio may suggest potential issues in collecting payments efficiently or possibly extending credit to customers with lower creditworthiness.
Without the specific data points, it is challenging to provide a detailed analysis of Watts Water Technologies Inc's receivables turnover ratio for the given time frame. However, it is important for the company to monitor and manage its receivables turnover to ensure healthy cash flows and working capital management. An improving trend in the receivables turnover ratio over time may indicate that the company is becoming more efficient in collecting payments, which can positively impact its cash flow and overall financial health.
Peer comparison
Dec 31, 2024