CSG Systems International Inc (CSGS)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,197,250 | 1,169,260 | 1,089,750 | 1,046,490 | 990,533 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $1,197,250K ÷ $—K
= —
Based on the data provided, it appears that the receivables turnover ratio for CSG Systems International Inc has not been explicitly stated for the years 2020, 2021, 2022, 2023, and 2024. The lack of information regarding the receivables turnover ratio makes it difficult to assess the company's efficiency in collecting its accounts receivable during these years.
The receivables turnover ratio is a key financial metric that indicates how many times a company collects its average accounts receivable balance during a specific period. A higher turnover ratio generally signifies a more efficient collection process, while a lower ratio may indicate potential issues with credit policies or difficulties in collecting outstanding receivables.
Without the specific receivables turnover figures for CSG Systems International Inc, it is challenging to evaluate the effectiveness of the company's accounts receivable management over the stated years. It is important for the company to provide this information in order to gain insights into its receivables management efficiency and overall financial performance.
Peer comparison
Dec 31, 2024