Hertz Global Holdings Inc (HTZ)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 9,049,000 | 9,371,000 | 8,685,000 | 7,336,000 | 5,258,000 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $9,049,000K ÷ $—K
= —
The data provided indicates that the receivables turnover ratio for Hertz Global Holdings Inc is not available for the years 2020, 2021, 2022, 2023, and 2024. The receivables turnover ratio is a financial metric that measures a company's efficiency in collecting outstanding receivables from customers during a specific period.
The absence of data for the receivables turnover ratio over these years may indicate various possibilities such as insufficient information availability, changes in reporting practices, or challenges in receivables management. A high receivables turnover ratio is generally preferred as it signifies that the company is efficiently collecting payments from customers, while a low ratio may highlight potential issues with collection efficiency.
In the absence of specific values, a detailed analysis of the receivables turnover trend and comparison with industry benchmarks or historical performance is not feasible. It is vital for stakeholders to monitor this metric closely in the future to assess Hertz Global Holdings Inc's ability to manage its receivables effectively.
Peer comparison
Dec 31, 2024