Tennant Company (TNC)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,286,700 | 1,243,600 | 1,092,200 | 1,090,800 | 1,001,000 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $1,286,700K ÷ $—K
= —
The receivables turnover for Tennant Company from December 31, 2020, to December 31, 2024, remains unavailable based on the provided data. The absence of specific data points for this ratio over the five-year period restricts the ability to evaluate the company's efficiency in collecting receivables and managing its accounts receivable effectively. Assessing the receivables turnover ratio over these years would have provided insights into the company's credit policy, collection efforts, and overall liquidity position.
Peer comparison
Dec 31, 2024
Company name
Symbol
Receivables turnover
Tennant Company
TNC
—
Hayward Holdings Inc
HAYW
—
Middleby Corp
MIDD
—
Standex International Corporation
SXI
5.94