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Eastman Kodak Co (Eastman Kodak Co) Receivables Turnover : 1.49 (As of Mar. 2024)


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What is Eastman Kodak 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. Eastman Kodak Co's Revenue for the three months ended in Mar. 2024 was $249 Mil. Eastman Kodak Co's average Accounts Receivable for the three months ended in Mar. 2024 was $167 Mil. Hence, Eastman Kodak Co's Receivables Turnover for the three months ended in Mar. 2024 was 1.49.


Eastman Kodak Co Receivables Turnover Historical Data

The historical data trend for Eastman Kodak 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.

Eastman Kodak Co Receivables Turnover Chart

Eastman Kodak Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.65 5.35 6.53 6.85 6.01

Eastman Kodak Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.62 1.80 1.53 1.42 1.49

Competitive Comparison of Eastman Kodak Co's Receivables Turnover

For the Specialty Business Services subindustry, Eastman Kodak 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.


Eastman Kodak Co's Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Eastman Kodak Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Eastman Kodak Co's Receivables Turnover falls into.



Eastman Kodak Co Receivables Turnover Calculation

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

Eastman Kodak Co'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 )
=1117 / ((177 + 195) / 2 )
=1117 / 186
=6.01

Eastman Kodak Co's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=249 / ((195 + 139) / 2 )
=249 / 167
=1.49

* 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.


Eastman Kodak Co  (NYSE:KODK) 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.


Eastman Kodak Co Receivables Turnover Related Terms

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


Eastman Kodak Co (Eastman Kodak Co) Business Description

Traded in Other Exchanges
Address
343 State Street, Rochester, NY, USA, 14650
Eastman Kodak Co is a United States-based company. The company operates via several business segments: Traditional Printing, Digital Printing, Brand and Advanced Materials and Chemicals. The Traditional Printing segment which derives the majority of revenue offers digital and traditional products and services to various businesses, such as commercial print and book publishing, and this segment contributes over half of the total revenue. The company has a global business presence, with overseas markets accounting for a majority of revenue.
Executives
Philippe D Katz director 160 BROADWAY, NEW YORK NY 10038
David Bovenzi director C/O EASTMAN KODAK COMPANY, 343 STATE STREET, ROCHESTER NY 14650
Michael Sileck director C/O WORLD WRESTLING ENTERTAINMENT, INC., 1241 EAST MAIN STREET, STAMFORD CT 06902
Randy Vandagriff officer: Vice President EASTMAN KODAK COMPANY, 343 STATE STREET, ROCHESTER NY 14650
Kennedy Lewis Investment Management Llc director 80 BROAD STREET, 22ND FLOOR, NEW YORK NY 10004
Kennedy Lewis Capital Partners Master Fund Lp director 80 BROAD STREET, 22ND FLOOR, NEW YORK NY 10004
Kennedy Lewis Capital Partners Master Fund Iii Lp director 111 WEST 33RD STREET, SUITE 1910, NEW YORK NY 10120
Kennedy Lewis Gp Iii Llc director 111 WEST 33RD STREET, SUITE 1910, NEW YORK NY 10120
Kathleen B. Lynch director C/O EASTMAN KODAK COMPANY, 343 STATE STREET, ROCHESTER NY 14650
Richard T Michaels officer: CAO and Corp. Controller C/O EASTMAN KODAK COMPANY, 343 STATE STREET, ROCHESTER NY 14650
Darren Richman director 80 BROAD STREET, 22ND FLOOR, NEW YORK NY 10004
David Chene director 80 BROAD STREET, 22ND FLOOR, NEW YORK NY 10004
Kennedy Lewis Management Lp director 225 LIBERTY STREET, SUITE 4210, NEW YORK NY 10281
Klm Gp Llc director 80 BROAD STREET, 22ND FLOOR, NEW YORK NY 10004
Kennedy Lewis Investment Holdings Llc director 111 WEST 33RD STREET, SUITE 1910, NEW YORK NY 10120

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