Leggett & Platt Incorporated (LEG)

Receivables turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Revenue US$ in thousands 749,100 4,725,300 5,146,700 5,072,600 4,280,200
Receivables US$ in thousands
Receivables turnover

December 31, 2024 calculation

Receivables turnover = Revenue ÷ Receivables
= $749,100K ÷ $—K
= —

The provided data shows that the receivables turnover ratio for Leggett & Platt Incorporated is not available for the years between December 31, 2020, and December 31, 2024. The absence of specific figures for this ratio during this period could indicate that either the company's financial statements do not provide this information or that there may be other factors affecting the availability of this data.

Analyzing the receivables turnover ratio can provide insights into how efficiently a company is collecting its outstanding receivables from customers. A higher receivables turnover ratio generally indicates a more efficient and effective credit and collection process, while a lower ratio may suggest potential issues with collecting accounts receivable.

Without the exact figures for Leggett & Platt's receivables turnover, it is challenging to evaluate how effectively the company is managing its receivables during the specified timeframe. However, in such cases, it may be beneficial to consider other financial ratios, qualitative information, and industry benchmarks to gain a more comprehensive understanding of the company's performance in managing its accounts receivable.


Peer comparison

Dec 31, 2024

Company name
Symbol
Receivables turnover
Leggett & Platt Incorporated
LEG
La-Z-Boy Incorporated
LZB
Somnigroup International Inc.
SGI