Patrick Industries Inc (PATK)
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 | 3,715,679 | 3,650,743 | 3,597,372 | 3,501,437 | 3,468,045 | 3,638,773 | 3,884,790 | 4,439,795 | 4,881,875 | 5,077,440 | 5,025,530 | 4,569,790 | 4,078,093 | 3,703,226 | 3,343,753 | 2,747,848 | 2,486,597 | 2,263,444 | 2,128,923 | 2,318,096 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $3,715,679K ÷ $—K
= —
The receivables turnover ratio for Patrick Industries Inc has been consistently indicated as "—" across all reporting periods from March 31, 2020, to December 31, 2024. A receivables turnover ratio helps to assess how efficiently a company is managing its receivables by measuring the number of times a company collects its average accounts receivable balance during a specific period.
The absence of data for the receivables turnover ratio in the financial statements of Patrick Industries Inc suggests that the company may not disclose this particular metric or that the necessary data to calculate this ratio is not provided in the financial statements. This could indicate a lack of transparency or reporting detail in relation to the management of accounts receivable within the company.
It is important to consider other financial metrics and indicators alongside the receivables turnover ratio to gain a comprehensive understanding of Patrick Industries Inc's financial performance and efficiency in managing its accounts receivable.
Peer comparison
Dec 31, 2024