IDEX Corporation (IEX)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 3,268,800 | 3,273,900 | 3,181,900 | 2,764,800 | 2,351,650 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $3,268,800K ÷ $—K
= —
The data shows that the receivables turnover ratio for IDEX Corporation is not available for the years 2020, 2021, 2022, 2023, and 2024. This implies that we are unable to assess the efficiency of the company in collecting its accounts receivable during these years based on this particular financial metric. The receivables turnover ratio is typically used to evaluate how well a company is managing its credit sales and collecting outstanding receivables from its customers. Without this information, it is difficult to gauge the effectiveness of IDEX Corporation's accounts receivable management strategy during the specified periods.
Peer comparison
Dec 31, 2024