Bio-Rad Laboratories Inc (BIO)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 2,566,500 | 2,671,260 | 2,802,250 | 2,922,540 | 2,545,630 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $2,566,500K ÷ $—K
= —
The data provided indicates that Bio-Rad Laboratories Inc has not reported any specific numbers for its Receivables Turnover for the years ending December 31, 2020 through December 31, 2024. Without these figures, it is challenging to assess the efficiency of the company in collecting its accounts receivable and managing its credit policy. Receivables turnover is a crucial ratio that reflects how many times a company collects its average accounts receivable balance during a specific period. A higher turnover ratio is generally preferred as it indicates that the company is efficient in collecting its outstanding receivables. Conversely, a low turnover ratio may suggest issues with collection processes or potentially risky credit policies. Without the data for Bio-Rad Laboratories Inc's Receivables Turnover for the specified years, a detailed analysis of its performance in this aspect cannot be provided.
Peer comparison
Dec 31, 2024