L3Harris Technologies Inc (LHX)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 21,325,000 | 19,419,000 | 17,062,000 | 17,814,000 | 18,194,000 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $21,325,000K ÷ $—K
= —
The receivables turnover ratio for L3Harris Technologies Inc is not provided for the years 2020 to 2024. Without this information, it is not possible to evaluate the efficiency of the company in collecting its accounts receivables within a specific period. Receivables turnover is a key financial metric that indicates how many times a company's accounts receivables are collected and replaced over a certain period. A higher turnover ratio typically indicates that a company is efficient in collecting payments from its customers, while a lower ratio may suggest inefficiency or potential issues with credit policies or customer payment delays. Therefore, the absence of this data makes it challenging to assess L3Harris Technologies Inc's effectiveness in managing its accounts receivables during the specified years.
Peer comparison
Dec 31, 2024