Albany International Corporation (AIN)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,230,620 | 1,147,910 | 1,034,890 | 929,240 | 900,610 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $1,230,620K ÷ $—K
= —
The receivables turnover ratio for Albany International Corporation is not available for the years 2020 to 2024 based on the provided data. The lack of information limits the ability to assess the company's effectiveness in collecting receivables within a given period. In general, a high receivables turnover ratio indicates that the company efficiently collects outstanding receivables, while a low ratio may suggest potential issues with collections or credit policies. It would be beneficial to obtain further data to conduct a more detailed analysis of Albany International Corporation's receivables turnover and its implications for the company's operations and financial performance.