Watsco Inc (WSO)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 7,618,320 | 7,283,770 | 7,274,340 | 6,280,190 | 5,054,930 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $7,618,320K ÷ $—K
= —
Based on the provided data, it appears that the receivables turnover ratio for Watsco Inc is not available for the years 2020, 2021, 2022, 2023, and 2024. Without the specific values for accounts receivable and sales, it is challenging to assess the efficiency of Watsco Inc in collecting its receivables during these years.
A higher receivables turnover ratio generally indicates that a company efficiently collects outstanding credit sales from its customers. Conversely, a lower ratio could suggest potential issues with collecting payments from customers in a timely manner or an inflated accounts receivable balance.
It is recommended for Watsco Inc to regularly monitor and analyze their receivables turnover ratio to ensure effective management of accounts receivable and maintain optimal cash flow levels.