Cadence Design Systems Inc (CDNS)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 4,641,260 | 4,089,990 | 3,561,720 | 2,988,240 | 2,682,890 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $4,641,260K ÷ $—K
= —
Based on the data provided, Cadence Design Systems Inc's receivables turnover ratio is not available for the years 2020-2024. The receivables turnover ratio measures how efficiently a company is collecting its accounts receivable during a specific period. Since the ratio is not provided, it is challenging to assess Cadence's effectiveness in managing its receivables and converting them into cash. The absence of this key financial metric makes it difficult to evaluate the company's credit policies, collection efficiency, and overall liquidity. Further information or data points are needed to analyze Cadence's receivables turnover performance accurately.
Peer comparison
Dec 31, 2024