Lincoln Electric Holdings Inc (LECO)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 4,008,670 | 4,191,640 | 3,761,210 | 3,234,180 | 2,655,400 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $4,008,670K ÷ $—K
= —
The data provided shows that Lincoln Electric Holdings Inc's receivables turnover ratio is not available for the years 2020 to 2024. This ratio typically measures how efficiently a company is managing its receivables by indicating how many times during a period the company collects its average accounts receivable balance. In this case, the absence of data for receivables turnover for the specified years limits our ability to evaluate the company's effectiveness in collecting outstanding receivables. This could be due to various reasons such as changes in reporting practices, data availability, or other factors that are not disclosed in the information provided. It is important for investors and stakeholders to monitor this ratio over time to assess the company's liquidity and efficiency in managing its accounts receivable.
Peer comparison
Dec 31, 2024