Trinity Industries Inc (TRN)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 3,079,200 | 2,983,300 | 1,977,300 | 1,516,000 | 1,999,400 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $3,079,200K ÷ $—K
= —
Given that the receivables turnover ratio for Trinity Industries Inc is marked as "—", or not available, for the years 2020, 2021, 2022, 2023, and 2024, it indicates that specific receivables data necessary to compute the receivables turnover ratio is missing from the financial statements provided.
The receivables turnover ratio is a key metric that measures how efficiently a company is collecting payments from its customers. A high ratio indicates that the company is collecting payments quickly, while a low ratio suggests inefficiencies in collecting outstanding receivables. In the absence of this ratio data, it is challenging to gauge the company's effectiveness in managing its accounts receivable and assessing its liquidity and cash flow performance.
Without the receivables turnover ratio, it is recommended to seek additional financial information or clarification from Trinity Industries Inc to gain a more comprehensive understanding of its accounts receivable management and overall financial health.
Peer comparison
Dec 31, 2024