Newell Brands Inc (NWL)
Receivables turnover
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Revenue | US$ in thousands | 7,582,000 | 8,133,000 | 9,459,000 | 10,589,000 | 9,385,000 |
Receivables | US$ in thousands | — | — | — | — | — |
Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $7,582,000K ÷ $—K
= —
The receivables turnover ratio for Newell Brands Inc is not available for the years from December 31, 2020, to December 31, 2024. Receivables turnover is a financial metric that indicates how efficiently a company is able to collect cash from its customers. Without the specific values for this ratio over the given years, it is challenging to assess the company's effectiveness in managing its accounts receivable. A higher receivables turnover ratio generally suggests a faster collection of receivables, which can be a positive sign of liquidity and efficient operations. Conversely, a lower ratio may indicate potential issues with credit policies or collection procedures.
Peer comparison
Dec 31, 2024