Goodyear Tire & Rubber Co (GT)
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 | 18,878,000 | 19,047,000 | 19,365,000 | 19,662,000 | 20,066,000 | 20,324,000 | 20,493,000 | 20,838,000 | 20,805,000 | 20,485,000 | 20,108,000 | 18,875,000 | 17,478,000 | 16,080,000 | 14,611,000 | 12,776,000 | 12,321,000 | 12,378,000 | 12,715,000 | 14,203,000 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $18,878,000K ÷ $—K
= —
The receivables turnover ratio for Goodyear Tire & Rubber Co for the specified periods is not available, as indicated by the absence of data points in the provided json. This ratio is crucial for evaluating how efficiently the company is managing its receivables and collecting outstanding payments from customers.
A higher receivables turnover ratio generally indicates that the company is collecting its accounts receivable more quickly, which is favorable as it implies better liquidity and cash flow management. Conversely, a lower ratio may signal potential issues such as difficulty in collecting payments or ineffective credit policies.
Without the specific data points for the receivables turnover ratio, a detailed analysis of its trend over time and comparison with industry peers or historical performance is not feasible. However, it is important for Goodyear Tire & Rubber Co to regularly monitor and improve its receivables turnover ratio to ensure timely collection of outstanding receivables and maintain a healthy working capital position.