Ametek Inc (AME)

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 6,941,170 6,910,450 6,824,730 6,736,010 6,596,950 6,491,740 6,420,690 6,289,130 6,150,530 6,028,600 5,917,490 5,789,290 5,546,510 5,241,720 4,927,980 4,553,550 4,540,030 4,645,900 4,795,590 5,073,080
Receivables US$ in thousands
Receivables turnover

December 31, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $6,941,170K ÷ $—K
= —

The receivables turnover ratio for Ametek Inc has been marked as "—", indicating that data for this ratio is not available for the periods mentioned in the financial statement. The receivables turnover ratio is a measure of how efficiently a company is managing its receivables by showing how many times during a period the company collects its average accounts receivable balance. This ratio is calculated by dividing net credit sales by average accounts receivable.

Since the receivables turnover data is not provided, it is not possible to evaluate how quickly Ametek Inc is collecting on its credit sales and managing its accounts receivable during the specified periods. Receivables turnover is an important indicator of a company's liquidity and ability to effectively collect payments owed by customers. It is typically used in conjunction with other financial ratios to gain a comprehensive understanding of a company's financial performance and operational efficiency.

Without the specific data on receivables turnover, it is challenging to assess the company's effectiveness in managing its accounts receivable and the overall health of its receivables collection process. Additionally, the absence of this ratio makes it difficult to make comparisons with industry peers or historical performance trends. It is advisable for stakeholders and investors to monitor this ratio once the data becomes available to evaluate Ametek Inc's performance in managing its receivables effectively.