Air Lease Corporation (AL)
Receivables turnover
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 2,684,980 | 2,317,300 | 2,088,390 | 2,015,440 | 2,016,900 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2023 calculation
Receivables turnover = Revenue ÷ Receivables
= $2,684,980K ÷ $—K
= —
To calculate the receivables turnover for Air Lease Corporation, we need two key figures: net credit sales and average accounts receivable. Without this specific data available in the table provided, it is not possible to compute the receivables turnover ratio for the years ending December 31, 2019 to 2023.
Receivables turnover is a financial ratio that indicates how efficiently a company is managing its accounts receivable by measuring how many times a company collects its average accounts receivable balance during a specific period. A higher turnover ratio generally suggests efficient management of accounts receivable, while a lower ratio may indicate inefficiencies in collection processes. Analyzing changes in this ratio over time could provide insights into the company's credit policies, customer payment behavior, and overall liquidity management.
Further analysis would be required to assess the significance of any trends in Air Lease Corporation's receivables turnover and to understand the factors driving these changes.
Peer comparison
Dec 31, 2023