Avient Corp (AVNT)
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 | 3,240,400 | 3,212,900 | 3,151,400 | 3,126,100 | 3,142,800 | 3,214,200 | 3,283,800 | 3,761,800 | 4,209,900 | 4,621,000 | 5,017,500 | 4,950,300 | 4,818,800 | 4,614,300 | 4,319,000 | 3,692,900 | 3,242,100 | 2,903,700 | 2,684,500 | 2,979,200 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $3,240,400K ÷ $—K
= —
The receivables turnover ratio is a measure of how efficiently a company is managing its accounts receivable by comparing the amount of credit sales during a period to the average accounts receivable balance. Unfortunately, the provided data for Avient Corp's receivables turnover ratio is not available for any of the periods from March 31, 2020, to December 31, 2024.
Without the specific values for accounts receivable and credit sales for these periods, it is not possible to calculate or analyze the receivables turnover ratio for Avient Corp. However, a high receivables turnover ratio is generally preferred as it indicates that the company is collecting its outstanding receivables quickly, while a low ratio may signal potential issues with collections or credit policies.
In the absence of the necessary data points, a detailed analysis or interpretation of Avient Corp's receivables turnover ratio cannot be provided at this time. It is recommended to obtain the relevant financial information to conduct a comprehensive assessment of the company's accounts receivable management efficiency.
Peer comparison
Dec 31, 2024