Celanese Corporation (CE)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 10,280,000 | 10,940,000 | 9,673,000 | 8,537,000 | 5,655,000 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $10,280,000K ÷ $—K
= —
The data provided indicates that Celanese Corporation's Receivables Turnover ratio is not available for the years 2020, 2021, 2022, 2023, and 2024. This could be due to a variety of reasons such as the company not disclosing this information or not having any accounts receivable during these periods.
Receivables turnover is a key metric used to assess how efficiently a company is managing its receivables, representing the number of times a company collects its average accounts receivable balance during a specific period. A higher receivables turnover ratio is usually favorable as it suggests that the company is collecting payments quickly.
Without the specific numerical values for the ratio, it is challenging to provide a detailed analysis of Celanese Corporation's receivables turnover performance. It would be beneficial for stakeholders to have access to this data to better understand the company's effectiveness in managing its accounts receivable and cash flow.
Peer comparison
Dec 31, 2024