Illinois Tool Works Inc (ITW)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 15,898,000 | 16,107,000 | 15,932,000 | 14,455,000 | 12,574,000 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $15,898,000K ÷ $—K
= —
The data provided indicates that receivables turnover for Illinois Tool Works Inc is not available for the years ending December 31, 2020, 2021, 2022, 2023, and 2024. This absence of specific receivables turnover figures limits a thorough assessment of the company's effectiveness in collecting its accounts receivable in those respective years. Receivables turnover is a critical metric that measures how efficiently a company is managing its credit sales and collecting payments from customers. Without this data, it is challenging to evaluate Illinois Tool Works Inc's performance in this area and its impact on the company's overall financial health and liquidity. It is recommended to seek additional information or data on receivables turnover to gain a more comprehensive understanding of the company's operational efficiency and financial management practices.
Peer comparison
Dec 31, 2024