Tandem Diabetes Care Inc (TNDM)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 940,203 | 747,718 | 801,217 | 702,799 | 498,830 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $940,203K ÷ $—K
= —
Based on the provided data, Tandem Diabetes Care Inc has not reported any specific figures for the receivables turnover ratio for the years ending December 31, from 2020 to 2024.
The receivables turnover ratio is a financial metric that is used to assess how efficiently a company is managing its receivables. It indicates the number of times during a period that a company collects its average accounts receivable balance. A higher receivables turnover ratio is generally considered favorable as it suggests that the company is efficiently collecting cash from its customers.
Without the actual figures for Tandem Diabetes Care Inc's receivables turnover ratio, it is challenging to evaluate the efficiency of the company's accounts receivable management over the specified years. It is essential for the company to provide this information to stakeholders and analysts to assess its financial performance more effectively.
Peer comparison
Dec 31, 2024