Axon Enterprise Inc. (AXON)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 2,082,530 | 1,563,390 | 1,189,940 | 863,381 | 681,003 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $2,082,530K ÷ $—K
= —
The data provided for Axon Enterprise Inc. does not include specific values for receivables turnover for the years ranging from December 31, 2020, to December 31, 2024. The lack of this information makes it challenging to conduct a detailed analysis of Axon's receivables turnover ratio. Receivables turnover is a crucial metric that reflects how efficiently a company is managing its accounts receivable by collecting payments from customers.
Without specific data points for receivables turnover, it is impossible to assess Axon's ability to convert its accounts receivable into cash within a given period. Ideally, a higher receivables turnover ratio indicates that the company can collect payments quickly, leading to better liquidity and cash flow management. On the other hand, a low receivables turnover ratio may suggest issues with credit policies, collection processes, or potential liquidity challenges.
In conclusion, without the actual receivables turnover figures for the specified years, a comprehensive analysis of Axon Enterprise Inc.'s receivables turnover performance cannot be provided. It is important for investors and stakeholders to monitor this ratio over time to evaluate the company's effectiveness in managing its accounts receivable and overall financial health.
Peer comparison
Dec 31, 2024