Dana Inc (DAN)

Receivables turnover

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Revenue (ttm) US$ in thousands 10,284,000 10,443,000 10,636,000 10,646,000 10,555,000 10,616,000 10,482,000 10,320,000 10,156,000 9,874,000 9,543,000 9,162,000 8,945,000 8,780,000 8,570,000 7,443,000 7,106,000 6,985,000 7,155,000 8,383,000
Receivables US$ in thousands
Receivables turnover

December 31, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $10,284,000K ÷ $—K
= —

The receivables turnover ratio for Dana Inc is not provided in the data available. This ratio typically indicates how efficiently a company is managing its accounts receivable by measuring how many times a company collects its average accounts receivable balance during a period. A higher turnover ratio suggests that a company is collecting its receivables more quickly.

Without the specific receivables turnover figures for the periods mentioned, it is difficult to assess Dana Inc's performance in managing its receivables effectively. Analyzing this ratio over time could provide insights into the company's ability to collect outstanding payments from its customers efficiently and manage its working capital effectively. Further data on this ratio could help in evaluating Dana Inc's liquidity and credit policies.