Kaiser Aluminum Corporation (KALU)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 3,024,000 | 3,087,000 | 3,427,900 | 2,622,000 | 1,172,700 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $3,024,000K ÷ $—K
= —
Based on the provided data, it appears that the receivables turnover for Kaiser Aluminum Corporation is not available for the years ranging from December 31, 2020 to December 31, 2024. Without the specific values for receivables turnover for these years, it is challenging to evaluate the efficiency of Kaiser Aluminum Corporation in collecting payments from its customers relative to its level of credit sales.
Receivables turnover is a financial ratio that indicates how many times a company collects its average accounts receivable balance during a specific period. A higher receivables turnover ratio generally signifies that the company is efficiently managing its accounts receivable, while a lower ratio may suggest potential liquidity or collection issues.
In the absence of the receivables turnover figures for the said years, further analysis or comparison with industry benchmarks cannot be performed. It is essential for investors and stakeholders to monitor receivables turnover over time to assess the company's credit policies, customer payment behavior, and overall financial health.
Peer comparison
Dec 31, 2024