GXO Logistics Inc (GXO)

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
Revenue (ttm) US$ in thousands 11,709,000 11,049,000 10,363,000 9,911,000 9,778,000 9,655,000 9,471,000 9,233,000 8,993,000 8,788,000 8,475,000 8,201,000 7,940,000 7,444,000 7,054,000 6,577,000 6,195,000
Receivables US$ in thousands
Receivables turnover

December 31, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $11,709,000K ÷ $—K
= —

The receivables turnover ratio for GXO Logistics Inc over the specified time periods is not available as indicated by the information provided in the JSON data.

Receivables turnover ratio is a measure of how efficiently a company is managing its accounts receivable. It indicates the number of times receivables are collected during a specific period. A higher turnover ratio suggests that the company is collecting its receivables more quickly, which is generally preferable as it indicates efficient credit management and liquidity.

Without the specific turnover ratio values for GXO Logistics Inc, it is challenging to assess the efficiency of their accounts receivable management. Monitoring changes in the receivables turnover ratio over time can provide insights into the company's ability to collect outstanding debts and manage credit policies effectively.

To further evaluate the financial health and operational efficiency of GXO Logistics Inc, additional information on their receivables turnover ratio in future reporting periods would be necessary.