Titan International Inc (TWI)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,845,940 | 1,821,800 | 2,169,380 | 1,780,220 | 1,259,310 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $1,845,940K ÷ $—K
= —
Based on the data provided, Titan International Inc's receivables turnover ratio is not available for the years 2020 to 2024. The receivables turnover ratio indicates how efficiently a company is collecting its accounts receivable during a given period.
Without specific figures for the receivables turnover, it is challenging to assess how quickly Titan International Inc is converting its credit sales into cash. A higher turnover ratio typically suggests better receivables management and a shorter collection period, whereas a lower ratio may indicate potential issues with collecting outstanding amounts.
It's essential for Titan International Inc to monitor its receivables turnover over time to ensure timely collection of outstanding receivables and maintain healthy cash flow. Without this key metric, it is difficult to gauge the effectiveness of the company's credit and collection policies.
Peer comparison
Dec 31, 2024