WW Grainger Inc (GWW)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 17,168,000 | 16,478,000 | 15,228,000 | 13,022,000 | 11,797,000 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $17,168,000K ÷ $—K
= —
Based on the provided data, the receivables turnover for WW Grainger Inc for the years 2020 to 2024 is not available (indicated as "—"). Without this information, it is challenging to assess the efficiency of the company in collecting its accounts receivable. The receivables turnover ratio is a key financial metric that measures how effectively a company is managing its credit sales and collecting payments from customers. A higher turnover ratio typically indicates more efficient management of receivables and quicker conversion of sales into cash.
In the absence of specific receivables turnover figures, it is difficult to make a detailed analysis of the trend over the years or compare the company's performance with industry peers. Monitoring the receivables turnover ratio is important for assessing liquidity, credit risk, and operational efficiency. It would be beneficial to obtain the actual receivables turnover data to gain insights into the company's financial health and operational effectiveness in managing its accounts receivable.