ODP Corp (ODP)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 6,990,000 | 7,831,000 | 8,491,000 | 8,465,000 | 9,710,000 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $6,990,000K ÷ $—K
= —
Based on the provided data, ODP Corp's receivables turnover for the years 2020, 2021, 2022, 2023, and 2024 is not available as indicated by the "—" symbol. Without this specific information on receivables turnover, it is challenging to assess the efficiency of ODP Corp in collecting its accounts receivable within a given period.
Receivables turnover is a crucial ratio that measures how effectively a company is managing its accounts receivable and collecting payments from customers. A higher receivables turnover ratio generally indicates that the company is efficient in collecting payments, while a lower ratio may suggest potential issues with credit policies, collection efforts, or the creditworthiness of customers.
For a comprehensive analysis of ODP Corp's financial performance related to receivables turnover, it would be necessary to have the specific turnover ratios for the years in question. This information would provide valuable insights into the company's credit management practices and overall liquidity.
Peer comparison
Dec 31, 2024