DXP Enterprises Inc (DXPE)

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 1,802,040 1,738,170 1,684,484 1,666,968 1,678,600 1,677,851 1,645,916 1,585,688 1,480,832 1,367,686 1,269,866 1,187,570 1,113,775 1,053,315 984,014 949,899 1,005,266 1,068,045 1,175,030 1,256,947
Receivables US$ in thousands
Receivables turnover

December 31, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $1,802,040K ÷ $—K
= —

The receivables turnover ratio for DXP Enterprises Inc, as provided in the data, is not available for the recorded periods from March 31, 2020, to December 31, 2024. The receivables turnover ratio is a measure of how efficiently a company is managing its receivables. It indicates how many times during a period the company collects its average accounts receivable balance.

Without specific values for the ratio, it is challenging to assess how effectively DXP Enterprises Inc is collecting payments from its customers. A high receivables turnover ratio usually suggests that the company is efficient in collecting outstanding receivables, while a low ratio may indicate potential issues with collecting payments, possibly leading to liquidity problems or credit risks.

Given the absence of data, it is recommended for the company to monitor its receivables turnover ratio regularly to ensure effective management of its accounts receivable and to take necessary actions if the ratio indicates any concerns regarding collection efficiency.


Peer comparison

Dec 31, 2024

Company name
Symbol
Receivables turnover
DXP Enterprises Inc
DXPE
MSC Industrial Direct Company Inc
MSM
9.24