KAR Auction Services Inc (KAR)
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 | 1,751,500 | 1,687,800 | 1,655,700 | 1,640,800 | 1,645,100 | 1,626,600 | 1,603,300 | 1,570,600 | 1,519,400 | 1,696,000 | 1,838,200 | 2,039,400 | 2,251,600 | 2,231,800 | 2,290,200 | 2,123,800 | 2,187,700 | 2,329,400 | 2,437,700 | 2,737,800 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $1,751,500K ÷ $—K
= —
The receivables turnover ratio for KAR Auction Services Inc has been consistently not available (\u2014) from March 31, 2020, to December 31, 2024. This indicates that the company's financial statements do not provide specific information to calculate the receivables turnover ratio during this period.
Receivables turnover is a key financial ratio that measures the efficiency of a company in collecting its accounts receivable. A higher receivables turnover ratio indicates that the company is able to collect its outstanding receivables more quickly, which is generally seen as a positive sign of effective credit management and liquidity. On the other hand, a lower receivables turnover ratio may suggest potential issues with collections or credit policies.
Without the specific receivables turnover ratio data for KAR Auction Services Inc, it is challenging to assess the effectiveness of the company in managing its receivables and converting them into cash during the referenced period. It is recommended for investors and analysts to consider additional financial information and metrics to gain a more comprehensive understanding of the company's financial performance and efficiency in managing its accounts receivable.
Peer comparison
Dec 31, 2024