DoubleVerify Holdings Inc (DV)

Receivables turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Revenue US$ in thousands 656,849 572,543 452,418 332,741 243,917
Receivables US$ in thousands
Receivables turnover

December 31, 2024 calculation

Receivables turnover = Revenue ÷ Receivables
= $656,849K ÷ $—K
= —

Based on the provided data, DoubleVerify Holdings Inc's receivables turnover ratio is not available for the years 2020, 2021, 2022, 2023, and 2024. The receivables turnover ratio is a key metric that measures a company's ability to efficiently collect its outstanding receivables from customers. Without the actual figures for the receivables turnover, it is challenging to assess the effectiveness of DoubleVerify's credit and collection policies, as well as the efficiency of its accounts receivable management.

To gain a comprehensive understanding of DoubleVerify's receivables turnover performance, it would be necessary to obtain the specific accounts receivable and sales data for each year to calculate the turnover ratio accurately. A higher receivables turnover ratio typically indicates that the company is collecting its outstanding receivables more efficiently, while a lower ratio may suggest potential difficulties in collecting payments from customers. The trend in the receivables turnover ratio over multiple years can provide valuable insights into the company's financial health and operational efficiency in managing its accounts receivable.