Trimble Inc (TRMB)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 3,683,300 | 3,798,700 | 3,676,300 | 3,659,100 | 3,147,700 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $3,683,300K ÷ $—K
= —
As per the provided data, Trimble Inc's receivables turnover ratio is not available for the years ending on December 31, 2020, 2021, 2022, 2023, and 2024. This could indicate that the company may not be efficiently collecting its accounts receivable during these periods. A high receivables turnover ratio is generally preferred as it signifies that the company is collecting its outstanding receivables quickly.
Without the specific ratios for the given years, it is challenging to assess the effectiveness of Trimble Inc in managing its accounts receivable. It would be beneficial for the company to provide this data for a more in-depth analysis of its receivables turnover performance and its impact on cash flow and liquidity.
Peer comparison
Dec 31, 2024