Avis Budget Group Inc (CAR)
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 | 11,742,000 | 11,843,000 | 11,927,000 | 12,002,000 | 12,258,000 | 12,265,000 | 12,248,000 | 12,369,000 | 11,994,000 | 11,792,000 | 11,246,000 | 10,373,000 | 9,313,000 | 8,099,000 | 6,632,000 | 5,023,000 | 5,415,000 | 6,222,000 | 7,441,000 | 9,040,000 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $11,742,000K ÷ $—K
= —
The receivables turnover for Avis Budget Group Inc is not available for the period from March 31, 2020 to December 31, 2024. Receivables turnover is a financial ratio that measures the efficiency of a company in collecting its accounts receivable during a specific period.
Without the data for receivables turnover, it is difficult to assess how quickly Avis Budget Group Inc is collecting payments from its customers. A higher receivables turnover ratio typically indicates that a company is efficiently managing its accounts receivable and converting them into cash quickly.
A low or decreasing receivables turnover ratio could suggest potential issues with the company's credit policies, collection efforts, or the quality of its customers. On the other hand, a very high receivables turnover ratio might indicate overly stringent credit policies that could be hindering sales growth.
In the absence of specific data points, further analysis of Avis Budget Group Inc's receivables turnover trend over time could provide valuable insights into the company's liquidity, customer creditworthiness, and collection efficiency.
Peer comparison
Dec 31, 2024