Thryv Holdings Inc (THRY)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 916,961 | 916,961 | 1,202,390 | 1,113,380 | 1,109,440 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $916,961K ÷ $—K
= —
To calculate Thryv Holdings Inc's receivables turnover for the years 2020 to 2024, we need to use the following formula:
Receivables Turnover = Net Credit Sales / Average Accounts Receivable
However, without specific data on net credit sales and average accounts receivable for each year, we are unable to calculate the receivables turnover ratio.
The receivables turnover ratio is a measure of a company's efficiency in collecting outstanding accounts receivable from customers. A higher turnover ratio generally indicates that the company is collecting its receivables more quickly, which is favorable for cash flow and liquidity. Conversely, a low turnover ratio may suggest potential difficulties in collecting receivables promptly.
To further analyze Thryv Holdings Inc's financial performance and liquidity management, it is recommended to obtain the necessary financial data to calculate the receivables turnover ratio and compare it with industry benchmarks or previous years to identify trends and make informed decisions.