Archer-Daniels-Midland Co (XTER:ADM) Receivables Turnover : 4.79 (As of Dec. 2024)

View and export this data going back to 2000. Start your Free Trial

What is Archer-Daniels-Midland Co 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. Archer-Daniels-Midland Co's Revenue for the three months ended in Dec. 2024 was €20,531 Mil. Archer-Daniels-Midland Co's average Accounts Receivable for the three months ended in Dec. 2024 was €4,288 Mil. Hence, Archer-Daniels-Midland Co's Receivables Turnover for the three months ended in Dec. 2024 was 4.79.

Archer-Daniels-Midland Co Receivables Turnover Historical Data

The historical data trend for Archer-Daniels-Midland Co'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.

* Premium members only.

Archer-Daniels-Midland Co Receivables Turnover Chart

Archer-Daniels-Midland Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

Get a 7-Day Free Trial

17.76

21.63

19.45

16.05

17.72

Archer-Daniels-Midland Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															4.23	4.13	4.26	3.98	4.79

Competitive Comparison of Archer-Daniels-Midland Co's Receivables Turnover

For the Farm Products subindustry, Archer-Daniels-Midland Co'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.

Archer-Daniels-Midland Co's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Archer-Daniels-Midland Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Archer-Daniels-Midland Co's Receivables Turnover falls into.

Save Embed

;

Save Embed

;

Archer-Daniels-Midland Co Receivables Turnover Calculation

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

Archer-Daniels-Midland Co's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	81681.15	/ (	(4845.428	+	4373.9)	/	2 )
=	81681.15	/	4609.664
=	17.72

Archer-Daniels-Midland Co's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Sep. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	20530.59	/ (	(4202.264	+	4373.9)	/	2 )
=	20530.59	/	4288.082
=	4.79

Archer-Daniels-Midland Co (XTER:ADM) 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.

Archer-Daniels-Midland Co Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Archer-Daniels-Midland Co's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Archer-Daniels-Midland Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Archer-Daniels-Midland Co (XTER:ADM) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

ADM:USA ADM:Mexico 1ADM:Italy ADMd:UK 0JQQ:UK ADM:Germany ADM:Germany ADM:Germany A1DM34:Brazil ARDA:Austria

Address

77 West Wacker Drive, Suite 4600, Chicago, IL, USA, 60601

Website

https://www.adm.com

Archer-Daniels Midland is a major processor of oilseeds, corn, wheat, and other agricultural commodities. The company is also one of the largest grain merchandisers through its extensive network of logistical assets to store and transport crops around the globe. ADM also runs a nutrition business that focuses on both human and animal ingredients and is a large producer of corn-based sweeteners, starches, and ethanol.