nVent Electric PLC (NVT)
Receivables turnover
| 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 | Dec 31, 2019 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 3,378,900 | 3,314,100 | 3,194,500 | 3,090,800 | 2,994,600 | 2,923,100 | 2,877,800 | 2,790,500 | 2,688,000 | 2,561,200 | 2,414,500 | 2,289,800 | 2,156,000 | 2,000,600 | 1,970,800 | 2,016,300 | 2,063,700 | 2,153,500 | 2,170,000 | 2,171,400 |
| Receivables | US$ in thousands | -17,100 | -15,700 | -15,000 | -15,500 | -15,100 | -15,800 | -9,900 | -9,900 | -9,300 | -7,900 | -6,700 | -6,000 | -5,800 | -5,800 | -6,200 | -7,500 | -6,500 | -5,700 | -5,400 | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
June 30, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $3,378,900K ÷ $-17,100K
= —
Unfortunately, without direct data on receivables turnover for nVent Electric PLC, a detailed analysis cannot be provided at this time. Receivables turnover is a key ratio that measures how efficiently a company collects outstanding receivables from its customers during a specific period. A high receivables turnover ratio generally indicates effective credit management and collection practices, while a low ratio may suggest potential issues with credit policies or collection processes. Analyzing trends in receivables turnover over multiple periods could provide insights into the company's overall financial health and efficiency in managing accounts receivable.
Peer comparison
Jun 30, 2024