Smurfit WestRock plc (SW)
Receivables turnover
| Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Jun 30, 2023 | Dec 31, 2022 | ||
|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 21,492,090 | 21,631,250 | |||
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — |
June 30, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $21,492,090K ÷ $—K
= —
Based on the provided data, it appears that the receivables turnover ratio for Smurfit WestRock plc is not explicitly available for the periods mentioned, as indicated by the dashes in the table.
The receivables turnover ratio is a measure of a company's efficiency in collecting its accounts receivable. A higher turnover ratio is generally favorable as it suggests that the company is collecting receivables quickly. Conversely, a lower turnover ratio may indicate inefficiency in collecting payments from customers.
Without specific values for the receivables turnover ratio for the mentioned periods, a detailed analysis of the trend and performance cannot be conducted. It would be advisable to gather additional data or seek clarification to assess Smurfit WestRock plc's effectiveness in managing its receivables and collecting payments from customers over time.
Peer comparison
Jun 30, 2024