SolarEdge Technologies Inc (SEDG)

Receivables turnover

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	US$ in thousands	901,456	2,976,530	3,110,280	1,963,860	1,459,270
Receivables	US$ in thousands	0	55,418	0	527,380	275,323
Receivables turnover		—	53.71	—	3.72	5.30

December 31, 2024 calculation

Receivables turnover = Revenue ÷ Receivables
= $901,456K ÷ $0K
= —

The receivables turnover ratio for SolarEdge Technologies Inc has fluctuated over the years, as per the provided data. In December 31, 2020, the ratio was 5.30, indicating that the company collected its receivables approximately 5.30 times during that year. This ratio decreased to 3.72 by December 31, 2021, suggesting a slowdown in the collection of receivables compared to the previous year.

Interestingly, the data shows that there was a missing value (represented as "—") for December 31, 2022, which could indicate a lack of available information for that period. However, the ratio spiked significantly to 53.71 by December 31, 2023, which could be an anomaly or may signify a substantive improvement in the company's receivables management during that year.

Lastly, there is another missing value for December 31, 2024, denoted as "—"; therefore, the trend in receivables turnover for that year remains unknown based on the provided data. Overall, further analysis and context would be necessary to fully understand the reasons behind these fluctuations in SolarEdge Technologies Inc's receivables turnover ratios across the years mentioned.