GXO Logistics Inc (GXO)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 11,709,000 | 9,778,000 | 8,993,000 | 7,940,000 | 6,195,000 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $11,709,000K ÷ $—K
= —
Based on the information provided, the receivables turnover ratio for GXO Logistics Inc is shown as "—", indicating that the data for receivables turnover is not available for the years ending on December 31, 2020 through December 31, 2024.
Without specific data on receivables turnover, it is challenging to assess how efficiently GXO Logistics Inc is collecting its accounts receivable. The receivables turnover ratio is a key indicator of a company's ability to effectively manage its receivables and convert them into cash.
In order to conduct a thorough analysis of GXO Logistics Inc's receivables management, it would be beneficial to obtain the actual receivables turnover values for the specified years. A high receivables turnover ratio would generally indicate that the company is efficiently collecting on its credit sales, while a low ratio may suggest potential issues with collecting payments from customers.
Peer comparison
Dec 31, 2024