Franklin Electric Co Inc (FELE)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 2,021,340 | 2,065,130 | 2,043,710 | 1,661,860 | 1,247,330 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $2,021,340K ÷ $—K
= —
Based on the provided data, Franklin Electric Co Inc's receivables turnover ratio for the years ending December 31, 2020, 2021, 2022, 2023, and 2024 is not available ("—"). The receivables turnover ratio is a measure of how efficiently a company is collecting its accounts receivable during a specific period.
The lack of information regarding the receivables turnover ratio over the specified years makes it difficult to evaluate the company's effectiveness in managing its accounts receivable and converting them into cash. A higher receivables turnover ratio typically indicates that a company efficiently collects outstanding payments from its customers, while a lower ratio could suggest issues with collections or credit policies.
Without the actual values of the receivables turnover ratio, it is not possible to assess Franklin Electric Co Inc's performance in this aspect of its operations. Further insights would be required to understand the company's receivables management and liquidity position more comprehensively.
Peer comparison
Dec 31, 2024