Cars.com Inc (CARS)
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 | 719,152 | 718,327 | 713,009 | 702,291 | 689,183 | 677,778 | 668,040 | 662,737 | 653,876 | 643,980 | 635,938 | 628,595 | 623,683 | 618,386 | 606,225 | 552,704 | 547,503 | 546,682 | 554,380 | 600,578 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $719,152K ÷ $—K
= —
The receivables turnover ratio for Cars.com Inc, as per the provided data, is not available for the periods indicated. This ratio is important as it measures the efficiency with which the company is able to collect its outstanding receivables during a specific period. A high turnover ratio generally indicates that the company is efficient in collecting payments from its customers, while a low ratio may suggest potential issues with collecting receivables in a timely manner.
Without the specific values for the receivables turnover ratio for Cars.com Inc, it is challenging to provide a detailed analysis of how effectively the company is managing its accounts receivable. However, it is essential for the company to regularly monitor and assess its receivables turnover ratio to ensure proper cash flow management and timely collection of outstanding payments from customers. A consistent or improving receivables turnover ratio over time would generally be viewed favorably by investors and analysts as it indicates good liquidity and cash flow management.
Peer comparison
Dec 31, 2024