Xylem Inc (XYL)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 8,562,000 | 7,364,000 | 5,522,000 | 5,195,000 | 4,876,000 |
| Receivables | US$ in thousands | 1,668,000 | 1,617,000 | 1,096,000 | 953,000 | 923,000 |
| Receivables turnover | 5.13 | 4.55 | 5.04 | 5.45 | 5.28 |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $8,562,000K ÷ $1,668,000K
= 5.13
The receivables turnover ratio of Xylem Inc has shown some fluctuations over the past five years. It stood at 5.28 times in December 31, 2020, increased to 5.45 times by December 31, 2021, then slightly decreased to 5.04 times by December 31, 2022. However, there was a more noticeable drop to 4.55 times by December 31, 2023, indicating a possible issue with collecting receivables efficiently. The ratio did improve to 5.13 times by December 31, 2024, showing some recovery in receivables management. Overall, Xylem Inc's ability to convert its receivables into cash has been relatively stable, with some fluctuations that may require further investigation to address any underlying challenges.
Peer comparison
Dec 31, 2024