Gogo Inc (GOGO)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 444,709 | 397,577 | 404,067 | 335,716 | 269,718 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $444,709K ÷ $—K
= —
The data provided indicates that the receivables turnover ratio for Gogo Inc is not available (N/A) for the years ending December 31, 2020, 2021, 2022, 2023, and 2024. Without this specific ratio, it is challenging to assess how quickly the company is collecting its accounts receivable during these periods. A higher receivables turnover typically signifies a more efficient collection process, while a lower ratio may indicate potential issues with collecting payments from customers in a timely manner. It would be beneficial to obtain further financial information to gain more insight into Gogo Inc's receivables management and overall financial performance.
Peer comparison
Dec 31, 2024