IDEX Corporation (IEX)
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 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 3,268,800 | 3,194,800 | 3,190,000 | 3,229,000 | 3,273,900 | 3,295,700 | 3,326,300 | 3,276,200 | 3,181,900 | 3,086,000 | 2,974,019 | 2,863,866 | 2,764,802 | 2,664,824 | 2,533,918 | 2,409,220 | 2,351,646 | 2,342,821 | 2,385,954 | 2,466,804 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $3,268,800K ÷ $—K
= —
The provided data indicates that the receivables turnover for IDEX Corporation is unavailable for the periods from March 31, 2020, to December 31, 2024. Without the specific values of receivables turnover, it is challenging to assess the company's efficiency in collecting its accounts receivables during those periods.
Receivables turnover is a critical financial ratio that measures how effectively a company manages its credit sales and collects payments from its customers. A higher turnover ratio generally indicates that a company is efficiently converting its credit sales into cash, which is a positive sign of managing working capital effectively.
Given the absence of data on receivables turnover for IDEX Corporation, it is recommended to track this metric in future financial statements to evaluate the company's liquidity and efficiency in collecting accounts receivables over time. Additionally, a comparison with industry benchmarks and historical performance can provide valuable insights into the company's financial health and operational efficiency.
Peer comparison
Dec 31, 2024