Upbound Group Inc. (UPBD)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 4,320,560 | 3,992,410 | 4,245,390 | 4,583,450 | 2,814,190 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $4,320,560K ÷ $—K
= —
Based on the provided data, it appears that the receivables turnover ratio for Upbound Group Inc. has not been calculated or reported for the years ranging from December 31, 2020, to December 31, 2024. The absence of specific values for this financial ratio makes it challenging to assess the efficiency of the company in collecting its accounts receivable.
A receivables turnover ratio provides insights into how effectively a company is managing its credit sales and collecting payments from customers. A higher turnover ratio typically suggests more efficient management of accounts receivable and a shorter collection period, while a lower ratio may indicate potential issues with credit policies or difficulties in collecting payments.
Without the receivables turnover data, it is difficult to evaluate Upbound Group Inc.'s performance in this aspect. As an analyst, it would be advisable to request additional information or investigate further to gain a better understanding of the company's receivables management and overall financial health.
Peer comparison
Dec 31, 2024