nVent Electric PLC (NVT)
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 | 3,289,100 | 3,398,100 | 3,474,900 | 3,397,600 | 3,263,600 | 3,144,000 | 3,030,400 | 2,954,900 | 2,909,000 | 2,836,400 | 2,734,000 | 2,607,800 | 2,462,000 | 2,314,200 | 2,180,700 | 2,026,600 | 1,998,600 | 2,044,100 | 2,094,600 | 2,186,900 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $3,289,100K ÷ $—K
= —
The data provided for nVent Electric PLC's receivables turnover ratio indicates that the values are not available for the periods up to December 31, 2024. The receivables turnover ratio is a metric used to evaluate how efficiently a company is managing its accounts receivable by measuring how many times a company collects its average accounts receivable balance during a specific period.
Without specific values for the receivables turnover ratio, it is challenging to assess the efficiency of nVent Electric PLC in collecting its outstanding receivables within a given time frame. A high receivables turnover ratio generally indicates that a company is collecting its receivables quickly, which is a positive sign of strong cash flow management. Conversely, a low ratio may suggest potential issues with collecting payments from customers in a timely manner.
To provide a more detailed analysis and evaluation of nVent Electric PLC's receivables turnover, it would be necessary to obtain the actual values for the ratio over multiple reporting periods. This would allow for a comparison of trends and insights into the company's effectiveness in managing its accounts receivable turnover.
Peer comparison
Dec 31, 2024