United Parcel Service (FRA:UPAB) Receivables Turnover : 2.36 (As of Jun. 2024)

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What is United Parcel Service Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. United Parcel Service's Revenue for the three months ended in Jun. 2024 was €20,269 Mil. United Parcel Service's average Accounts Receivable for the three months ended in Jun. 2024 was €8,598 Mil. Hence, United Parcel Service's Receivables Turnover for the three months ended in Jun. 2024 was 2.36.

United Parcel Service Receivables Turnover Historical Data

The historical data trend for United Parcel Service's Receivables Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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United Parcel Service Receivables Turnover Chart

United Parcel Service Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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8.10

7.98

8.64

8.24

7.53

United Parcel Service Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Receivables Turnover	Get a 7-Day Free Trial															2.23	2.39	2.09	2.36	-

Competitive Comparison of United Parcel Service's Receivables Turnover

For the Integrated Freight & Logistics subindustry, United Parcel Service's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

United Parcel Service's Receivables Turnover Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, United Parcel Service's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where United Parcel Service's Receivables Turnover falls into.

United Parcel Service Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

United Parcel Service's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	83408.486	/ (	(11878.352	+	10285.072)	/	2 )
=	83408.486	/	11081.712
=	7.53

United Parcel Service's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

	Receivables Turnover (Q: Jun. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2024 )	/ (	(Accounts Receivable (Q: Mar. 2024 )	+	Accounts Receivable (Q: Jun. 2024 ))	/	count )
=	20268.922	/ (	(8789.68	+	8405.592)	/	2 )
=	20268.922	/	8597.636
=	2.36

United Parcel Service (FRA:UPAB) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.

United Parcel Service Receivables Turnover Related Terms

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United Parcel Service Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » United Parcel Service Inc (FRA:UPAB) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

UPS:USA UPS:Mexico 0R08:UK UPS:Canada UPSS34:Brazil UPSI:Austria

Address

55 Glenlake Parkway, N.E. Atlanta, Atlanta, GA, USA, 30328

Website

https://www.ups.com

As the world's largest parcel delivery company, UPS manages a massive fleet of more than 500 planes and 100,000 vehicles, along with many hundreds of sorting facilities, to deliver an average of about 22 million packages per day to residences and businesses across the globe. UPS' domestic US package operations generate around 64% of total revenue while international package makes up 20%. Air and ocean freight forwarding, truckload brokerage, and contract logistics make up the remainder. UPS is currently pursuing "strategic alternatives" for its truck brokerage unit, Coyote, which it acquired in 2015.

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