Shake Shack Inc (SHAK)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,252,610 | 1,087,530 | 900,486 | 739,893 | 522,867 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $1,252,610K ÷ $—K
= —
Based on the provided data, Shake Shack Inc's receivables turnover ratio is not available for the years 2020, 2021, 2022, 2023, and 2024. The absence of specific figures for the receivables turnover indicates that there is incomplete or missing information necessary to calculate this ratio accurately. A higher receivables turnover ratio typically suggests that the company efficiently collects outstanding receivables, while a low ratio may indicate potential issues with collecting payments from customers within a reasonable period. Without the specific turnover values, it is challenging to assess the effectiveness of Shake Shack Inc's receivables management over the stated years.
Peer comparison
Dec 31, 2024