CDW Corp (CDW)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 20,998,700 | 21,376,000 | 23,748,700 | 20,820,800 | 18,467,500 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $20,998,700K ÷ $—K
= —
Based on the provided data, CDW Corp's receivables turnover ratio for the years 2020, 2021, 2022, 2023, and 2024 is not available ("—"). The absence of specific figures for receivables turnover hinders a detailed analysis of the efficiency of CDW Corp's accounts receivable management during these years.
Receivables turnover is a key financial ratio that indicates how many times a company collected its average accounts receivable balance during a period. A higher receivables turnover ratio generally suggests that the company is efficient in collecting its outstanding receivables. Conversely, a low turnover ratio could indicate potential issues with credit policies, collection efforts, or the quality of customers.
Without the receivables turnover figures for the specified years, it is challenging to assess CDW Corp's effectiveness in managing its accounts receivable and collecting outstanding payments from customers during the period under review. It is essential for stakeholders to obtain this information to gain insights into the company's liquidity and efficiency in managing its working capital.
Peer comparison
Dec 31, 2024