Flowers Foods Inc (FLO)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 5,103,490 | 5,090,830 | 4,805,820 | 4,330,770 | 4,387,990 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $5,103,490K ÷ $—K
= —
Based on the provided data showing that the receivables turnover for Flowers Foods Inc is not available for the years 2020, 2021, 2022, 2023, and 2024, it is difficult to analyze the efficiency with which the company is collecting its accounts receivable during those years. A high receivables turnover ratio typically indicates that the company is collecting its outstanding receivables quickly, while a low ratio may suggest potential issues with collecting payments from customers.
Given that the data is not provided, it is recommended to investigate the reasons for the lack of information and ensure that the company's financial reporting is accurate and transparent. Monitoring and analyzing the receivables turnover ratio can provide valuable insights into the company's liquidity and efficiency in managing its receivables.
Peer comparison
Dec 31, 2024