Packaging Corp of America (PKG)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 8,383,300 | 7,802,400 | 8,478,000 | 7,730,300 | 6,658,200 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $8,383,300K ÷ $—K
= —
Based on the provided data, it appears that the Receivables turnover ratio for Packaging Corp of America is not available or provided for the years December 31, 2020 to December 31, 2024. The Receivables turnover ratio indicates how efficiently a company is managing its accounts receivable by measuring how many times during a period the company collects its average accounts receivable balance.
Unfortunately, without specific data points for this ratio over the specified years, it is challenging to assess the company's effectiveness in collecting its receivables promptly. A higher receivables turnover ratio is generally preferred, as it suggests that the company is efficient in collecting payments from its customers.
For a more thorough analysis of Packaging Corp of America's financial performance in relation to its receivables management, additional data or context would be necessary.
Peer comparison
Dec 31, 2024