Allegion PLC (ALLE)
Receivables turnover
Dec 31, 2024 | 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 | ||
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Revenue (ttm) | US$ in thousands | 3,772,200 | 3,724,000 | 3,674,800 | 3,621,700 | 3,650,800 | 3,614,900 | 3,610,700 | 3,471,300 | 3,271,900 | 3,119,600 | 2,922,900 | 2,896,700 | 2,867,400 | 2,885,500 | 2,896,900 | 2,739,500 | 2,719,900 | 2,712,100 | 2,732,000 | 2,873,700 |
Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $3,772,200K ÷ $—K
= —
The receivables turnover ratio for Allegion PLC is not available for the periods provided in the dataset. This ratio is typically used to assess how efficiently a company is managing its credit sales and collecting outstanding receivables from its customers. A higher receivables turnover ratio indicates that the company is collecting its receivables more quickly, which is favorable as it implies better liquidity and lower credit risk. Conversely, a lower ratio could suggest potential issues with credit policies or difficulties in collecting outstanding amounts. Without the specific data points for the receivables turnover ratio, a detailed analysis of Allegion PLC's efficiency in managing its accounts receivable cannot be conducted at this time.