Shake Shack Inc (SHAK)
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 | Sep 23, 2020 | Jun 30, 2020 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue (ttm) | US$ in thousands | 1,252,608 | 1,210,167 | 1,169,450 | 1,124,759 | 1,087,533 | 1,039,819 | 991,426 | 950,373 | 900,486 | 865,213 | 831,294 | 788,002 | 739,893 | 694,147 | 630,653 | 573,083 | 509,587 | 495,247 | 516,281 | 544,153 |
Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 7,729 | — |
Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 66.80 | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $1,252,608K ÷ $—K
= —
The receivables turnover ratio is a key performance metric that measures how efficiently a company is able to collect cash from its customers. In the case of Shake Shack Inc, the receivables turnover ratio for the period September 23, 2020, was 66.80. This indicates that Shake Shack Inc was able to collect cash from its customers 66.80 times during that particular period.
The absence of data for other periods suggests that there may be challenges in accurately determining the receivables turnover ratio for Shake Shack Inc. This lack of information could be due to various reasons, such as limited disclosure or specific company practices regarding customer credit terms and collection policies.
It is important to note that a higher receivables turnover ratio generally indicates that a company is efficient in collecting cash from its customers, while a lower ratio may suggest potential issues with collections or credit management. Without additional data points, it is difficult to provide a comprehensive analysis of Shake Shack Inc's receivables turnover trend over time.
Peer comparison
Dec 31, 2024