KAR Auction Services Inc (KAR)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,788,500 | 1,645,100 | 1,519,400 | 2,251,600 | 2,187,700 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $1,788,500K ÷ $—K
= —
The data provided for KAR Auction Services Inc's receivables turnover ratio for the years ending December 31, 2020, 2021, 2022, 2023, and 2024 shows that the ratio is not available ("—") for each of these years. The absence of specific values for the receivables turnover ratio indicates that detailed information regarding the company's accounts receivable turnover efficiency is not provided or may not be calculated based on the available data. This lack of information limits the ability to assess how effectively the company is collecting its accounts receivable within a specific period.
The receivables turnover ratio is a crucial metric that helps in evaluating a company's efficiency in collecting outstanding receivables from customers. A higher turnover ratio suggests that the company is efficiently managing its accounts receivable, while a lower ratio may indicate potential issues with credit policies, collection efforts, or delays in receiving payment.
Given the unavailability of the receivables turnover ratio data for KAR Auction Services Inc, further analysis or additional information would be necessary to determine the company's effectiveness in managing its receivables and collecting payments from its customers.
Peer comparison
Dec 31, 2024