Caterpillar Inc (CAT)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 64,809,000 | 67,060,000 | 59,427,000 | 50,971,000 | 41,748,000 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $64,809,000K ÷ $—K
= —
The data provided indicates that the receivables turnover for Caterpillar Inc is not available for the years 2020 to 2024. Receivables turnover is a critical liquidity ratio that measures how efficiently a company is collecting outstanding accounts receivable during a specific period. A high receivables turnover ratio typically signifies that the company has strong collections practices and is efficiently managing its credit sales. On the other hand, a low ratio may indicate potential credit risks or issues with collecting payments from customers promptly. Without the specific receivables turnover figures for Caterpillar Inc, it is challenging to assess the company's ability to effectively manage its accounts receivable and convert them into cash.
Peer comparison
Dec 31, 2024