Textron Inc (TXT)
Receivables turnover
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 13,683,000 | 12,869,000 | 12,382,000 | 11,651,000 | 13,630,000 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2023 calculation
Receivables turnover = Revenue ÷ Receivables
= $13,683,000K ÷ $—K
= —
To calculate Textron Inc's receivables turnover, we need both the net credit sales for the period and the average accounts receivable balance. Unfortunately, without these specific figures provided in the table, we are unable to compute the receivables turnover for Textron Inc over the given years. Receivables turnover is a key metric used to assess how efficiently a company is managing its accounts receivable by measuring how many times a company collects its average accounts receivable balance during a period. Typically, a higher turnover ratio indicates more effective management of receivables. It would be advisable to acquire the necessary data to calculate this ratio for a more in-depth analysis of Textron Inc's accounts receivable management over the specified years.
Peer comparison
Dec 31, 2023