Textron Inc (TXT)
Receivables turnover
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 13,683,000 | 13,427,000 | 13,162,000 | 12,892,000 | 12,869,000 | 12,555,000 | 12,467,000 | 12,504,000 | 12,382,000 | 12,727,000 | 12,472,000 | 11,753,000 | 11,651,000 | 12,019,000 | 12,543,000 | 13,298,000 | 13,630,000 | 13,345,000 | 13,286,000 | 13,785,000 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $13,683,000K ÷ $—K
= —
The receivables turnover ratio for Textron Inc is not provided in the table. The receivables turnover ratio measures the efficiency with which a company collects on its credit sales within a specific period. It is calculated by dividing net credit sales by the average accounts receivable balance. A higher receivables turnover ratio indicates that the company is collecting its outstanding receivables more frequently during the period, which is generally a positive sign of efficient operations and effective credit management. Conversely, a lower receivables turnover ratio may suggest potential issues with collecting receivables in a timely manner. Without the specific data for Textron Inc's receivables turnover ratio, a detailed analysis of its accounts receivable efficiency and collection practices cannot be conducted for the periods mentioned in the table.
Peer comparison
Dec 31, 2023