Smurfit WestRock plc (SW)
Receivables turnover
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|
| Revenue | US$ in thousands | 11,272,000 | 12,815,000 | 10,107,000 | 8,530,000 |
| Receivables | US$ in thousands | — | — | — | — |
| Receivables turnover | — | — | — | — |
December 31, 2023 calculation
Receivables turnover = Revenue ÷ Receivables
= $11,272,000K ÷ $—K
= —
To calculate the receivables turnover for Smurfit WestRock plc, we need accounts receivable balances for each year along with the net credit sales figure. Without this specific data, we are unable to compute the receivables turnover ratio for the years ending December 31, 2020 to 2023. The receivables turnover ratio is a measure of how efficiently a company collects outstanding payments from its customers during a specific period. It indicates the number of times a company collects its average accounts receivable balance during a period. A higher receivables turnover ratio generally suggests more efficient management of accounts receivable and better liquidity. Conversely, a declining ratio could indicate potential issues with customer creditworthiness or collection policies.
Peer comparison
Dec 31, 2023