ACI Worldwide Inc (ACIW)
Receivables turnover
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Revenue | US$ in thousands | 1,594,290 | 1,452,580 | 1,421,900 | 1,370,600 | 1,294,320 |
Receivables | US$ in thousands | — | — | — | — | — |
Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $1,594,290K ÷ $—K
= —
The receivables turnover ratio for ACI Worldwide Inc for the years December 2020 to December 2024 is not available in the data provided (denoted by "—"). Receivables turnover is a key financial ratio that indicates how effectively a company is managing its receivables by converting them into cash. Without this specific data, it is challenging to evaluate the company's efficiency in collecting payments from its customers over the specified period.
A high receivables turnover ratio is generally desirable as it signifies that the company is able to collect payments quickly, whereas a low ratio may indicate potential issues with credit policies or collection efforts. Ideally, a comparison of ACI Worldwide Inc's receivables turnover ratio with industry peers and historical data would provide insights into its performance in managing accounts receivable effectively.
Peer comparison
Dec 31, 2024