Gogo Inc (GOGO)
Receivables turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 444,709 | 404,720 | 402,140 | 403,302 | 397,577 | 407,930 | 415,299 | 409,914 | 404,067 | 388,204 | 370,058 | 354,597 | 335,716 | 321,050 | 300,403 | 314,668 | 425,274 | 568,950 | 703,607 | 820,652 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $444,709K ÷ $—K
= —
The data provided shows that the receivables turnover ratio for Gogo Inc is not available for the periods from March 31, 2020, to December 31, 2024. The receivables turnover ratio is a financial metric that measures how efficiently a company is able to collect cash from its customers on credit sales.
In the absence of specific data points for the receivables turnover ratio, it is challenging to assess the effectiveness of Gogo Inc in managing its accounts receivable. A higher receivables turnover ratio is generally indicative of a more efficient credit management and collection process, while a lower ratio may suggest potential issues with credit policies or collection efforts.
Given the lack of data points for the receivables turnover ratio, it is recommended that further information be sought to better evaluate Gogo Inc's ability to collect on its accounts receivable in a timely manner.
Peer comparison
Dec 31, 2024