Greif Bros Corporation (GEF)
Receivables turnover
| Oct 31, 2024 | Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 5,448,100 | 5,218,600 | 6,349,500 | 5,556,100 | 4,515,000 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
October 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $5,448,100K ÷ $—K
= —
The data provided shows that Greif Bros Corporation does not have any specific figures for receivables turnover for the years ending in October 31, 2020 through October 31, 2024.
Receivables turnover is a metric that indicates how many times a company collects its average accounts receivable balance during a specific period. It is calculated by dividing net credit sales by the average accounts receivable balance.
Without the actual figures for receivables turnover, it is challenging to assess how efficiently Greif Bros Corporation is managing its receivables and collecting payments from customers.
A high receivables turnover ratio typically indicates that a company is efficiently collecting payments from customers, while a low ratio may suggest issues with collection efforts or potential credit risks.
In the absence of specific data, it is advisable for Greif Bros Corporation to regularly monitor and analyze their receivables turnover ratio to ensure optimal management of their accounts receivable and cash flow.