Verra Mobility Corp (VRRM)

Receivables turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Revenue US$ in thousands 879,207 817,310 741,598 550,590 393,593
Receivables US$ in thousands
Receivables turnover

December 31, 2024 calculation

Receivables turnover = Revenue ÷ Receivables
= $879,207K ÷ $—K
= —

The data provided indicates that the receivables turnover for Verra Mobility Corp is not available for the years ending December 31, 2020 to December 31, 2024. The receivables turnover ratio is a measure of how efficiently a company is managing its receivables. A higher receivables turnover typically indicates that the company is collecting its outstanding receivables more quickly, which is generally seen as a positive sign of effective cash flow management. Unfortunately, without the specific turnover ratios for the mentioned years, we are unable to assess Verra Mobility Corp's performance in this aspect during the stated period.