American Axle & Manufacturing (AXL)
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 | 6,124,900 | 6,207,100 | 6,254,100 | 6,192,500 | 6,079,500 | 6,009,200 | 5,992,500 | 5,860,100 | 5,802,400 | 5,644,800 | 5,322,700 | 5,167,700 | 5,156,600 | 5,359,400 | 5,560,400 | 4,792,400 | 4,710,800 | 4,702,900 | 4,966,200 | 6,155,200 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $6,124,900K ÷ $—K
= —
The data provided for American Axle & Manufacturing's receivables turnover ratio from March 31, 2020, to December 31, 2024, shows that the information is not available indicating that the receivables turnover for the company is not calculable for the specified periods.
The receivables turnover ratio is a financial metric that indicates how efficiently a company is able to collect outstanding receivables from its customers. A higher receivables turnover ratio typically suggests that the company is efficient in collecting payments from customers, while a lower ratio may indicate potential liquidity or credit concerns.
Without the specific data on receivables turnover, it is challenging to assess the efficiency of American Axle & Manufacturing in managing its accounts receivable during the mentioned periods. It is important for the company to regularly monitor its receivables turnover ratio to ensure effective management of its working capital and cash flow.
Peer comparison
Dec 31, 2024