Middleby Corp (MIDD)
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 | 3,875,161 | 3,869,861 | 3,907,703 | 3,956,137 | 4,036,611 | 4,059,731 | 4,071,951 | 4,045,571 | 4,032,847 | 3,867,563 | 3,692,237 | 3,487,410 | 3,250,792 | 3,113,672 | 2,930,652 | 2,593,856 | 2,513,257 | 2,571,587 | 2,661,076 | 2,950,103 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $3,875,161K ÷ $—K
= —
The receivables turnover ratio for Middleby Corp is unavailable for the specified periods up to December 31, 2024, as indicated by the data provided.
Receivables turnover ratio is a financial metric that measures how efficiently a company is able to collect outstanding receivables from its customers during a specific period. A high receivables turnover ratio is generally considered favorable as it indicates that the company is able to quickly convert its accounts receivable into cash.
Without the specific values for receivables turnover, it is challenging to evaluate Middleby Corp's performance in managing its accounts receivable effectively. Monitoring the trend of this ratio over time would be important for stakeholders to assess the company's ability to collect payments from customers in a timely manner.
Further data on receivables turnover would provide valuable insights into Middleby Corp's liquidity, credit policies, and overall financial health.
Peer comparison
Dec 31, 2024