American Axle & Manufacturing (AXL)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 6,124,900 | 6,079,500 | 5,802,400 | 5,156,600 | 4,710,800 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $6,124,900K ÷ $—K
= —
The data provided shows that the receivables turnover for American Axle & Manufacturing for the years ending December 31, 2020, 2021, 2022, 2023, and 2024 is not available (N/A). Receivables turnover is a financial ratio that measures the efficiency of a company in collecting its accounts receivable during a specific period.
Without the specific values for receivables turnover, it is not possible to evaluate how quickly American Axle & Manufacturing is collecting payments from its customers in relation to its credit sales. A higher receivables turnover ratio generally indicates that the company is more efficiently collecting its outstanding receivables, while a lower ratio may suggest potential issues with collection or credit policy.
Further analysis would be required to assess the impact of the missing data on the company's overall financial performance and liquidity.
Peer comparison
Dec 31, 2024