Chemed Corp (CHE)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 2,431,290 | 2,264,420 | 2,134,960 | 2,139,260 | 2,079,580 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $2,431,290K ÷ $—K
= —
The data provided indicates that Chemed Corp's receivables turnover for the years 2020 to 2024 is not available (denoted by "—"). Without specific values for receivables turnover, it is challenging to assess the efficiency of Chemed Corp in collecting its accounts receivable within a given period. Receivables turnover is a critical metric that helps in evaluating how quickly a company is converting its credit sales into cash.
This lack of information about receivables turnover makes it difficult to gauge the effectiveness of Chemed Corp in managing its accounts receivable and collecting outstanding payments from customers. It is essential for investors and analysts to have access to this ratio to understand the liquidity and efficiency of the company in managing its receivables.
Peer comparison
Dec 31, 2024