Interface Inc (TILE)
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 | Jul 5, 2020 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 1,315,658 | 1,305,766 | 1,272,502 | 1,255,449 | 1,261,498 | 1,271,935 | 1,288,686 | 1,305,709 | 1,297,919 | 1,302,010 | 1,286,960 | 1,235,140 | 1,200,398 | 1,137,698 | 1,103,633 | 1,068,352 | 1,074,596 | 1,085,819 | 1,095,346 | 1,175,324 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $1,315,658K ÷ $—K
= —
The receivables turnover ratio for Interface Inc is not available for the periods from June 30, 2020, to December 31, 2024, as per the provided data. Receivables turnover ratio measures how efficiently a company is collecting its outstanding accounts receivable during a specific period. A higher receivables turnover ratio indicates that the company is collecting its outstanding receivables more frequently, which is a positive sign of effective credit management.
Since the data for this ratio is not available for the specified periods, it is challenging to assess the efficiency of Interface Inc in collecting its accounts receivable over time. Receivables turnover ratio is important as it can reflect the company's liquidity, credit policies, and the effectiveness of its accounts receivable management.
In the absence of specific data on receivables turnover, it is advisable for Interface Inc to monitor this ratio regularly to ensure timely collection of receivables, maintain a healthy cash flow, and assess the effectiveness of its credit policies.
Peer comparison
Dec 31, 2024