PHINIA Inc. (PHIN)

Receivables turnover

Dec 31, 2024 Dec 31, 2023
Revenue US$ in thousands 3,415,000 3,500,000
Receivables US$ in thousands 817,000 1,017,000
Receivables turnover 4.18 3.44

December 31, 2024 calculation

Receivables turnover = Revenue ÷ Receivables
= $3,415,000K ÷ $817,000K
= 4.18