Installed Building Products Inc (IBP)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 2,941,300 | 2,778,600 | 2,669,840 | 1,968,650 | 1,653,220 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $2,941,300K ÷ $—K
= —
The receivables turnover ratio for Installed Building Products Inc for the years 2020 to 2024 is not available or not applicable (represented as "—"). This indicates that specific data regarding the receivables turnover for these years is either not disclosed or not calculable with the provided information.
The receivables turnover ratio is a financial metric that measures how efficiently a company is able to collect on its credit sales during a specific period. It is calculated by dividing the net credit sales by the average accounts receivable balance.
Without the specific receivables turnover values, it is challenging to assess the company's effectiveness in managing its accounts receivable and collecting outstanding debts from customers. It is essential to monitor this ratio over time to evaluate changes in the company's collection efficiency and potential credit risk.
Peer comparison
Dec 31, 2024