Avery Dennison Corp (AVY)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 8,755,700 | 8,364,300 | 9,039,300 | 8,408,300 | 6,971,500 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $8,755,700K ÷ $—K
= —
Given that the receivables turnover data for Avery Dennison Corp is not available for the years 2020, 2021, 2022, 2023, and 2024, it is challenging to provide a detailed and comprehensive analysis of this ratio over the specified period. As the receivables turnover ratio indicates how efficiently a company is collecting its accounts receivable, the absence of this information restricts our ability to assess the company's effectiveness in managing its receivables during these years. Unsupported by the specific turnover figures, it is not feasible to draw conclusions regarding the company's liquidity and credit management practices. It is important to note that the receivables turnover ratio is a crucial metric in evaluating a company's liquidity and financial health, and we recommend monitoring this ratio closely in future reporting periods to gain insights into Avery Dennison Corp's receivables management performance.
Peer comparison
Dec 31, 2024