Middleby Corp (MIDD)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 3,875,160 | 4,036,600 | 4,032,850 | 3,250,790 | 2,513,260 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $3,875,160K ÷ $—K
= —
Based on the provided data, Middleby Corp's receivables turnover for the years 2020, 2021, 2022, 2023, and 2024 is not available (denoted by "—"). Receivables turnover is a critical financial ratio that indicates how efficiently a company is collecting its accounts receivable during a specific period.
The lack of data on receivables turnover for Middleby Corp makes it challenging to assess the effectiveness of the company's credit and collection policies, as well as the overall management of its accounts receivable. It is important to monitor receivables turnover over time to understand any trends or deviations that could impact the company's liquidity and cash flow.
Without specific values for receivables turnover, it is difficult to provide an in-depth analysis of Middleby Corp's performance in managing its accounts receivable. Monitoring this ratio in the future would be beneficial to evaluate the company's financial health and efficiency in collecting outstanding receivables.
Peer comparison
Dec 31, 2024