PACCAR Inc (PCAR)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 33,663,800 | 35,127,400 | 28,819,700 | 23,522,300 | 18,728,500 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $33,663,800K ÷ $—K
= —
Unfortunately, the data provided for PACCAR Inc's receivables turnover from December 31, 2020, to December 31, 2024, is not available. It appears that the receivables turnover ratio for these years has not been disclosed or is not applicable.
Receivables turnover ratio is a measure of a company's efficiency in collecting outstanding receivables from its customers. A higher receivables turnover ratio indicates that the company is collecting its receivables more quickly, which is generally seen as a positive sign. Conversely, a lower ratio may suggest potential issues with collecting payments from customers.
Without specific data points for PACCAR Inc's receivables turnover, it is challenging to assess the trend or make any concrete conclusions regarding the company's management of accounts receivable during the mentioned period.
Peer comparison
Dec 31, 2024