CNH Industrial N.V. (CNH)
Receivables turnover
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 24,687,000 | 23,551,000 | 33,428,000 | 14,779,000 | 28,079,000 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2023 calculation
Receivables turnover = Revenue ÷ Receivables
= $24,687,000K ÷ $—K
= —
To calculate CNH Industrial N.V.'s receivables turnover for the years 2019 to 2023, we need both the accounts receivable values and the sales figures for each year. Since the data is not provided in the table, I am unable to compute the receivables turnover ratio. This ratio is an efficiency metric that indicates how many times a company converts its accounts receivable into cash during a specific period. A higher turnover ratio is generally favorable as it suggests that the company is collecting receivables quickly. Conversely, a low ratio may indicate potential issues with credit policies or collection efforts. To perform a thorough analysis of CNH Industrial N.V.'s receivables turnover, access to the necessary financial data would be required.
Peer comparison
Dec 31, 2023