CONMED Corporation (CNMD)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,307,020 | 1,244,740 | 1,045,470 | 1,010,640 | 862,459 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $1,307,020K ÷ $—K
= —
The data provided for CONMED Corporation's receivables turnover indicates that the turnover ratio was not available (indicated by "—") for the years ending December 31, 2020 through December 31, 2024.
A receivables turnover ratio measures how efficiently a company is managing its accounts receivables by showing the number of times a company collects its average accounts receivable balance during a specified period. Without the specific turnover values, it is challenging to assess CONMED Corporation's effectiveness in collecting payments from its customers and managing its accounts receivable.
In order to provide a more detailed analysis and insights into the company's receivables turnover performance, it would be necessary to have access to the actual turnover figures for these years. Moreover, further information and context regarding the company's industry, changes in business operations, credit policies, and economic conditions would also be beneficial for a comprehensive evaluation of the company's receivables turnover trends.
Peer comparison
Dec 31, 2024