CarGurus (CARG)
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 | 894,384 | 888,969 | 877,030 | 898,075 | 914,242 | 977,863 | 1,184,898 | 1,456,390 | 1,655,035 | 1,707,633 | 1,504,094 | 1,210,613 | 951,373 | 763,584 | 688,141 | 565,130 | 551,451 | 558,051 | 561,041 | 611,335 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $894,384K ÷ $—K
= —
The receivables turnover ratio for CarGurus is not available for the periods provided in the data. Receivables turnover is a liquidity ratio that measures how efficiently a company is able to collect payments from its customers on credit sales.
Without the receivables turnover figures for CarGurus, it is challenging to evaluate the effectiveness of the company in managing its accounts receivable. A high receivables turnover ratio typically indicates that the company is efficiently collecting payments from customers, while a low ratio may suggest issues with collections or an overly lenient credit policy.
It's important for companies to monitor their receivables turnover ratio regularly to ensure the timely collection of outstanding receivables, which can impact cash flows and overall liquidity. Without this specific data for CarGurus, a comprehensive analysis of the company's receivables turnover performance and trends cannot be provided at this time.
Peer comparison
Dec 31, 2024