CarGurus (CARG)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 894,384 | 914,242 | 1,655,040 | 951,373 | 551,451 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $894,384K ÷ $—K
= —
Based on the provided data, CarGurus' receivables turnover ratio is not available for the years ending December 31, 2020 to December 31, 2024. The absence of this ratio makes it difficult to evaluate the efficiency of the company in collecting its accounts receivable during those periods. A higher receivables turnover ratio generally indicates that a company is able to collect outstanding payments from its customers quickly, while a lower ratio may suggest potential issues with collections. In the absence of specific data points, it is recommended to gather additional information or analyze other aspects of CarGurus' financial performance to gain a more holistic understanding of the company's operations.
Peer comparison
Dec 31, 2024