Yum! Brands Inc (YUM)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 7,549,000 | 7,076,000 | 6,842,000 | 6,584,000 | 5,652,000 |
| Receivables | US$ in thousands | 830,000 | 757,000 | 680,000 | 646,000 | 569,000 |
| Receivables turnover | 9.10 | 9.35 | 10.06 | 10.19 | 9.93 |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $7,549,000K ÷ $830,000K
= 9.10
The receivables turnover of Yum! Brands Inc has shown a generally positive trend over the past five years. The ratio increased from 9.93 in 2020 to 10.19 in 2021, indicating that the company efficiently collected its receivables in 2021. However, there was a slight decline in 2022 to 10.06, followed by a more significant decrease to 9.35 in 2023, suggesting a potential slowdown in receivables collection. In 2024, the ratio further decreased to 9.10, indicating that it took longer for the company to collect its receivables that year compared to previous years. Overall, while the ratio fluctuated, it generally remained at a level suggesting healthy efficiency in managing receivables, but a downward trend may warrant further investigation into the company's credit policies or customer payment behaviors.
Peer comparison
Dec 31, 2024