Skechers USA Inc (SKX)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 8,969,350 | 8,000,340 | 7,444,550 | 6,285,030 | 4,597,410 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $8,969,350K ÷ $—K
= —
Given the provided data showing that the receivables turnover for Skechers USA Inc is consistently listed as "—," it indicates that the company's receivables turnover ratio is not available or not disclosed for the years specified (December 31, 2020 to December 31, 2024). This lack of specific information makes it challenging to analyze the efficiency with which Skechers is collecting its accounts receivable during those years.
Receivables turnover ratio is a key metric that helps assess how effectively a company is managing its credit sales and collecting outstanding receivables. A higher turnover ratio typically indicates better efficiency in converting credit sales into cash. Conversely, a lower ratio might suggest potential issues with collection processes or credit policies.
Without the specific receivables turnover figures, it is difficult to evaluate Skechers' performance in this area over the stated time period. It would be beneficial for stakeholders and analysts to have access to this data to gain a more comprehensive understanding of the company's accounts receivable management and overall financial health.
Peer comparison
Dec 31, 2024