Allegion PLC (ALLE)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 3,772,200 | 3,650,800 | 3,271,900 | 2,867,400 | 2,719,900 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $3,772,200K ÷ $—K
= —
Based on the data provided, it appears that Allegion PLC does not have specific figures available for receivables turnover for the years 2020, 2021, 2022, 2023, and 2024. The receivables turnover ratio is a financial metric that indicates how efficiently a company is collecting its accounts receivable during a specific period.
As there are no values provided for the receivables turnover ratio, it is challenging to assess Allegion PLC's effectiveness in converting its accounts receivable into cash. This lack of information may limit the ability to evaluate the company's liquidity management and the speed at which it collects payments from its customers.
In order to conduct a more comprehensive analysis of Allegion PLC's receivables turnover, it would be essential to obtain the necessary data for the relevant periods to assess the company's efficiency in managing its accounts receivable and its overall financial health.