Eastman Chemical Company (EMN)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 9,382,000 | 9,210,000 | 10,580,000 | 10,476,000 | 8,473,000 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $9,382,000K ÷ $—K
= —
The data provided indicates that the receivables turnover ratio for Eastman Chemical Company is not available for the years 2020, 2021, 2022, 2023, and 2024. A receivables turnover ratio is a measure of how efficiently a company is managing its receivables or how quickly it is collecting outstanding invoices from its customers.
The absence of data for the receivables turnover ratio over multiple years could indicate a lack of transparency or reporting on this particular financial metric. Without this ratio, it is difficult to assess the company's effectiveness in converting its receivables into cash or to compare its performance over time or against industry benchmarks.
It is recommended for investors and analysts to look for more detailed financial information or reach out to the company for clarification on their receivables turnover performance to better evaluate Eastman Chemical Company's financial health and operational efficiency.
Peer comparison
Dec 31, 2024