Solventum Corp. (SOLV)
Receivables turnover
Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | ||
---|---|---|---|---|---|---|---|---|---|
Revenue (ttm) | US$ in thousands | 8,208,500 | 8,236,000 | 8,146,000 | 8,101,000 | 8,115,500 | |||
Receivables | US$ in thousands | — | — | — | — | — | — | — | — |
Receivables turnover | — | — | — | — | — |
March 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $8,208,500K ÷ $—K
= —
As the receivables turnover ratio for Solventum Corp. is not provided in the table, we are unable to analyze the efficiency of the company in collecting its accounts receivable over the specified time periods. Receivables turnover is a critical financial ratio that indicates how many times a company's accounts receivable are collected during a specific period, reflecting its effectiveness in credit management and collection practices. Without this ratio, we cannot assess Solventum Corp.'s ability to convert its credit sales into cash or evaluate the effectiveness of its credit policies. Further data or information is required to calculate and interpret the receivables turnover ratio for a comprehensive analysis of Solventum Corp.'s accounts receivable management.
Peer comparison
Mar 31, 2024