Brinks Company (BCO)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 5,011,900 | 4,874,600 | 4,535,500 | 4,200,200 | 3,690,900 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $5,011,900K ÷ $—K
= —
Based on the provided JSON data, it appears that Brinks Company has not disclosed its Receivables Turnover ratio for the years ending December 31, 2020, 2021, 2022, 2023, and 2024. Without this specific financial information, a detailed analysis of the company's efficiency in collecting its accounts receivable cannot be conducted.
Receivables turnover ratio is a key metric used to assess how efficiently a company is managing its receivables. A high turnover ratio indicates that the company is collecting its receivables quickly, which is generally favorable as it implies strong working capital management. On the other hand, a low turnover ratio may suggest potential issues with collections or credit policies.
In the absence of the actual data for Brinks Company's receivables turnover, it is not possible to evaluate the effectiveness of the company in collecting payments from its customers during the specified years. Additional information would be required to perform a thorough analysis and provide insights into the company's financial performance in this specific area.
Peer comparison
Dec 31, 2024