CH Robinson Worldwide Inc (CHRW)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 17,725,000 | 17,596,400 | 24,696,600 | 23,102,100 | 16,207,100 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $17,725,000K ÷ $—K
= —
The receivables turnover ratio for CH Robinson Worldwide Inc for the years from December 31, 2020, to December 31, 2024, is noted as "—," indicating that specific data for this ratio is not available in the dataset provided. The receivables turnover ratio is a key financial metric used to evaluate a company's efficiency in collecting outstanding receivables from its credit sales. It measures how many times a company collects its average accounts receivable balance during a specific period.
Without the exact values for the receivables turnover ratio, it is challenging to provide a detailed analysis of CH Robinson Worldwide Inc's receivables management efficiency during the specified years. A high receivables turnover ratio generally indicates that a company is efficient in collecting receivables and converting them into cash quickly. On the other hand, a low ratio may suggest potential issues with collections and liquidity management.
In the absence of specific data, it is recommended to examine additional relevant financial ratios and qualitative factors to gain a more comprehensive understanding of CH Robinson Worldwide Inc's financial performance and operational efficiency.
Peer comparison
Dec 31, 2024