Somnigroup International Inc. (SGI)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 4,930,900 | 4,925,400 | 4,921,200 | 4,930,800 | 3,676,900 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $4,930,900K ÷ $—K
= —
The receivables turnover ratio for Somnigroup International Inc. is not provided for the years ending December 31, 2020 through December 31, 2024. This ratio is used to evaluate how efficiently the company is collecting its accounts receivable during a specific period. Without this data, it is challenging to assess the company's effectiveness in managing its receivables and converting them into cash.
A high receivables turnover ratio typically indicates that the company has a strong credit and collection policy in place, leading to a quicker conversion of credit sales into cash. Conversely, a low turnover ratio may suggest issues with collecting payments from customers timely, potentially leading to cash flow problems.
Therefore, the absence of the receivables turnover ratio data for Somnigroup International Inc. limits our ability to evaluate the company's effectiveness in managing its accounts receivable and collecting payments efficiently.
Peer comparison
Dec 31, 2024