RB Global Inc. (RBA)
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 | 4,279,210 | 4,207,280 | 4,245,280 | 4,255,910 | 3,708,370 | 3,082,561 | 2,474,240 | 1,852,286 | 1,733,807 | 1,649,319 | 1,567,522 | 1,479,337 | 1,416,971 | 1,441,011 | 1,442,871 | 1,435,560 | 1,377,260 | 1,326,041 | 1,284,295 | 1,288,467 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $4,279,210K ÷ $—K
= —
The receivables turnover ratio for RB Global Inc. is not available for all the reporting periods from March 31, 2020, to December 31, 2024. This ratio helps in assessing how efficiently the company is managing its accounts receivable by measuring how many times a company collects its average accounts receivable balance during a period.
A higher receivables turnover ratio generally indicates that the company is collecting its outstanding receivables more quickly, which is a positive sign of efficient management. Conversely, a lower ratio might suggest potential issues with collecting outstanding payments or inefficiencies in the accounts receivable process.
Without the specific values for the receivables turnover ratio for RB Global Inc., it is challenging to provide a detailed analysis of the company's performance in managing its accounts receivable efficiently over the specified periods. It is recommended to monitor this ratio over time to track any trends or changes in the company's ability to collect outstanding payments promptly.
Peer comparison
Dec 31, 2024