Pitney Bowes Inc (PBI)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 2,026,600 | 3,266,350 | 3,538,040 | 3,673,560 | 3,554,080 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $2,026,600K ÷ $—K
= —
Based on the provided data for Pitney Bowes Inc's receivables turnover, the ratios for the years ending December 31, 2020 through December 31, 2024 are not available ("—"). Receivables turnover is a key financial ratio that measures how efficiently a company collects outstanding payments from its customers.
Unfortunately, without the actual values for the receivables turnover, it is challenging to provide a detailed analysis of this metric over the specified period. Receivables turnover reflects the company's effectiveness in managing its accounts receivable and liquidity. A higher turnover indicates that the company is collecting receivables quickly, which can improve cash flow and reduce the risk of bad debts.
To fully assess Pitney Bowes Inc's performance in managing its receivables, it is crucial to have access to the actual receivables turnover figures for the years in question. Without this data, it is not possible to analyze trends, compare performance across years, or benchmark against industry standards.