SPX Corp (SPXC)
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 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 1,983,900 | 1,919,600 | 1,884,600 | 1,806,600 | 1,741,200 | 1,701,100 | 1,622,900 | 1,553,600 | 1,460,900 | 1,381,600 | 1,296,900 | 1,239,600 | 1,331,000 | 1,437,800 | 1,515,400 | 1,591,900 | 1,562,700 | 1,550,500 | 1,551,900 | 1,551,100 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $1,983,900K ÷ $—K
= —
The receivables turnover ratio for SPX Corp has been consistently reported as "—", indicating that specific data for this ratio is not available for the periods specified. Receivables turnover is a key ratio that measures the efficiency with which a company is able to collect payments from its customers. A higher receivables turnover ratio usually indicates that a company is efficiently managing its accounts receivable, while a lower ratio may suggest potential issues with collecting outstanding payments from customers.
In the absence of specific data points, it is challenging to provide a detailed analysis of SPX Corp's receivables turnover and its implications for the company's overall financial performance. However, companies typically aim to maintain a healthy balance between extending credit to customers and actively managing accounts receivable to ensure timely collections. Monitoring the receivables turnover ratio over time can help identify trends in the company's collection efficiency and potential areas for improvement in managing credit and collections processes.
Peer comparison
Dec 31, 2024