Adient PLC (ADNT)
Receivables turnover
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 14,688,000 | 14,855,000 | 15,194,000 | 15,356,000 | 15,395,000 | 15,316,000 | 14,746,000 | 14,340,000 | 14,121,000 | 13,242,000 | 12,999,000 | 13,312,000 | 13,680,000 | 14,506,000 | 12,890,000 | 12,582,000 | 12,670,000 | 12,994,000 | 15,587,000 | 16,304,000 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
September 30, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $14,688,000K ÷ $—K
= —
The receivables turnover ratio for Adient PLC is not available from the provided table. To calculate the receivables turnover ratio, we would need the accounts receivable balance for each period along with the relevant sales figures. Receivables turnover is a measure of how efficiently a company is able to collect its outstanding receivables during a specific period. A higher turnover ratio indicates that the company is effectively managing its accounts receivable by collecting payments quickly. Conversely, a lower turnover ratio may signify potential issues with collecting payments promptly or a buildup of overdue receivables. Monitoring the trend of the receivables turnover ratio over time can provide insights into the company's credit and collection policies, as well as its overall liquidity and financial health.
Peer comparison
Sep 30, 2024