Polaris Industries Inc (PII)

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 7,175,400 7,709,200 8,235,700 8,491,100 8,934,400 9,049,300 9,141,000 8,987,200 8,764,300 8,530,600 8,149,500 8,203,900 8,198,200 8,184,100 8,179,200 7,573,800 7,027,900 6,607,470 6,424,520 6,692,040
Receivables US$ in thousands
Receivables turnover

December 31, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $7,175,400K ÷ $—K
= —

The data provided for Polaris Industries Inc's receivables turnover ratio shows that the ratio has not been calculated or reported for any of the periods from March 31, 2020, to December 31, 2024.

As the receivables turnover ratio is a key efficiency metric that indicates how quickly a company collects outstanding receivables from its customers, the absence of this data makes it challenging to assess Polaris Industries Inc's effectiveness in managing its accounts receivable over the specified periods.

Without the specific values of the receivables turnover ratio, it is difficult to determine the average number of times the company collected its accounts receivable during each period. However, a consistently low receivables turnover ratio may suggest potential issues with credit policies, collection efforts, or the creditworthiness of customers, leading to liquidity problems or decreased profitability.

In order to obtain a more comprehensive understanding of Polaris Industries Inc's receivables management, it is essential to calculate the receivables turnover ratio for each period where data is available and compare it to industry benchmarks or the company's historical performance to assess any trends or deviations.