Avient Corp (AVNT)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 3,240,400 | 3,142,800 | 3,396,900 | 4,818,800 | 3,242,100 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $3,240,400K ÷ $—K
= —
Based on the provided data, the receivables turnover ratio for Avient Corp for the years ending December 31, 2020 to December 31, 2024 is not available ("—"). This indicates that the specific information needed to calculate the receivables turnover ratio, such as accounts receivable and sales figures, is not provided in the dataset.
The receivables turnover ratio is a measure of how efficiently a company is collecting its accounts receivable during a specific period. A higher turnover ratio typically indicates that a company is effectively managing its accounts receivable and collecting payments from customers in a timely manner.
Without the data for accounts receivable and sales, it is not possible to calculate the receivables turnover ratio for Avient Corp. It is important for stakeholders and analysts to have access to complete financial information to conduct a thorough analysis of a company's financial performance and efficiency in managing its receivables.
Peer comparison
Dec 31, 2024