Tootsie Roll Industries Inc (TR)
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 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 723,217 | 731,326 | 753,728 | 761,829 | 769,365 | 756,064 | 719,616 | 704,219 | 682,799 | 661,217 | 632,419 | 603,539 | 566,043 | 528,309 | 503,016 | 468,252 | 103,169,457 | 103,175,256 | 103,199,372 | 103,226,528 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $723,217K ÷ $—K
= —
The receivables turnover ratio for Tootsie Roll Industries Inc is not available for the periods provided in the data. The receivables turnover ratio is a financial metric that measures how efficiently a company is collecting its accounts receivable during a specific period. It is calculated by dividing net credit sales by average accounts receivable.
Without the specific numerical values for net credit sales and accounts receivable for the mentioned periods, it is not possible to compute the receivables turnover ratio.
A high receivables turnover ratio is generally favorable as it indicates that a company is collecting its receivables quickly, which minimizes the risk of bad debts and improves cash flow. Conversely, a low receivables turnover ratio may suggest inefficiencies in the company's credit and collection policies.
Tootsie Roll Industries Inc would benefit from disclosing the necessary financial data to allow for a more in-depth analysis of their receivables turnover and overall financial performance.
Peer comparison
Dec 31, 2024