Zebra Technologies Corporation (ZBRA)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 4,986,000 | 4,582,000 | 5,778,000 | 5,619,000 | 4,359,000 |
| Receivables | US$ in thousands | 712,000 | 584,000 | 794,000 | 760,000 | 524,000 |
| Receivables turnover | 7.00 | 7.85 | 7.28 | 7.39 | 8.32 |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $4,986,000K ÷ $712,000K
= 7.00
The receivables turnover ratio for Zebra Technologies Corporation has shown a slightly decreasing trend over the past five years. It stood at 8.32 times at the end of December 31, 2020, and gradually decreased to 7.00 times by December 31, 2024.
A receivables turnover ratio of 7.39 times was reported at the end of December 31, 2021, followed by a further decline to 7.28 times at the end of December 31, 2022. The ratio then increased slightly to 7.85 times by December 31, 2023.
Overall, the decreasing trend in the receivables turnover ratio may indicate that Zebra Technologies Corporation is taking longer to collect its accounts receivable, which could potentially be a concern regarding the company's liquidity and efficiency in managing its receivables. Further analysis of the company's collection policies and potential risks associated with outstanding receivables may be warranted to gain a deeper insight into the company's financial health.
Peer comparison
Dec 31, 2024