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
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.