Deluxe Corporation (DLX)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 2,121,760 | 2,192,260 | 2,238,000 | 2,022,200 | 1,790,800 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $2,121,760K ÷ $—K
= —
Based on the provided data, it appears that Deluxe Corporation's receivables turnover ratio for the years ending December 31, 2020 to 2024 is denoted as "—", implying that no specific numerical values are available for analysis. Without the actual receivables turnover figures, it is challenging to assess the efficiency of the company in collecting its accounts receivable over the specified period.
In financial analysis, the receivables turnover ratio is a key metric that indicates how many times a company converts its accounts receivable into cash within a given period. A higher turnover ratio typically signifies a more efficient collection process, reflecting positively on the company's liquidity and cash flow management.
Unfortunately, the absence of concrete data for Deluxe Corporation's receivables turnover limits the ability to draw insights into its receivables management efficiency during the specified years. It is advisable for the company to ensure transparency and provide detailed financial information for a more comprehensive evaluation of its performance in this important area.