Upbound Group Inc. (UPBD)

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 3,992,411 3,964,780 4,009,642 4,101,739 4,245,399 4,426,370 4,583,680 4,706,400 4,583,460 4,128,521 3,659,266 3,149,032 2,814,191 2,765,562 2,702,918 2,675,097 2,669,852 2,663,740 2,659,311 2,659,116
Receivables US$ in thousands
Receivables turnover

December 31, 2023 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $3,992,411K ÷ $—K
= —

As the receivables turnover ratio is not provided in the table, it is not possible to assess Upbound Group Inc.'s efficiency in collecting its accounts receivable over the specified periods. Receivables turnover ratio is a key financial metric that indicates how many times a company collects its average accounts receivable balance during a specific period. A high receivables turnover ratio generally signifies that the company is efficient in collecting on credit sales, while a low ratio may indicate potential issues with collection or credit policies. Without the receivables turnover data, a detailed analysis of Upbound Group Inc.'s efficiency in managing its receivables cannot be conducted.


Peer comparison

Dec 31, 2023

Company name
Symbol
Receivables turnover
Upbound Group Inc.
UPBD
Air Lease Corporation
AL
Archrock Inc
AROC
7.13
United Rentals Inc
URI
6.43