ODP Corp (ODP)
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 | 6,992,000 | 7,174,000 | 7,403,000 | 7,594,000 | 7,831,000 | 8,131,000 | 8,294,000 | 8,420,000 | 8,490,000 | 8,426,000 | 8,433,000 | 8,685,000 | 8,873,000 | 9,119,000 | 9,479,000 | 9,351,000 | 9,710,000 | 9,930,000 | 10,173,000 | 10,603,000 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $6,992,000K ÷ $—K
= —
Based on the data provided, ODP Corp's receivables turnover ratio is not available for any of the specified reporting periods from March 31, 2020, to December 31, 2024. The receivables turnover ratio is a metric used to assess how efficiently a company collects on its credit sales during a specific period. In the absence of this ratio data, it is challenging to evaluate the effectiveness of ODP Corp in managing its accounts receivable and collecting payments from customers in a timely manner.
A high receivables turnover ratio generally indicates that a company is effectively and promptly collecting payments from its customers, while a low ratio may suggest potential issues with credit policies, collection efforts, or customer creditworthiness. Without the receivables turnover data, it is difficult to draw conclusions regarding ODP Corp's receivables management performance and its impact on cash flow and working capital.
It is recommended that ODP Corp monitors and reports its receivables turnover ratio in future financial statements to provide stakeholders with insights into the company's efficiency in managing accounts receivable and collecting payments, which are essential factors in assessing overall financial health and operational effectiveness.
Peer comparison
Dec 31, 2024