Leggett & Platt Incorporated (LEG)
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 | 4,384,300 | 4,443,000 | 4,516,700 | 4,608,700 | 4,725,300 | 4,806,000 | 4,925,000 | 5,038,000 | 5,146,700 | 5,283,800 | 5,308,600 | 5,244,000 | 5,072,600 | 4,921,700 | 4,810,100 | 4,385,600 | 4,280,200 | 4,243,100 | 4,274,800 | 4,642,900 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $4,384,300K ÷ $—K
= —
The receivables turnover ratio for Leggett & Platt Incorporated is currently unavailable as the data provided shows "—" for all the periods up to December 31, 2024. Receivables turnover is a financial ratio that measures how efficiently a company is able to collect cash from its customers for credit sales made. It indicates the number of times during a period that a company is able to collect its average accounts receivable balance.
Without the specific values for accounts receivable and sales, it is not possible to calculate the receivables turnover ratio for Leggett & Platt. However, a high receivables turnover ratio typically indicates that a company has effective credit policies in place and is efficient in collecting on its outstanding receivables. Conversely, a low ratio may imply potential issues with collecting payments from customers or overly lenient credit terms.
As the data for receivables turnover is not available, it is not possible to assess the effectiveness of Leggett & Platt's accounts receivable management strategy or compare it to industry benchmarks. The company may consider providing this information in the future to allow for a more comprehensive analysis of its financial efficiency and liquidity.
Peer comparison
Dec 31, 2024