Wolverine World Wide Inc (WWW)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,755,000 | 2,242,900 | 2,684,800 | 2,414,900 | 1,791,100 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $1,755,000K ÷ $—K
= —
Based on the data provided, Wolverine World Wide Inc's receivables turnover for the years 2020 to 2024 is not available ("-"). Receivables turnover is a critical ratio that measures how efficiently a company collects its outstanding accounts receivable during a specific period.
Without the specific values for each year, it is challenging to evaluate the effectiveness of Wolverine World Wide Inc in managing its accounts receivable turnover. A high receivables turnover ratio typically indicates that the company is efficiently collecting payments from its customers, while a low ratio may suggest issues with credit policies or collection processes.
It is important for Wolverine World Wide Inc to monitor its receivables turnover over time to ensure that outstanding receivables are being collected promptly, which can impact the company's liquidity and overall financial health. Lack of data for this ratio makes it difficult to assess the company's performance in this area and to identify any potential trends or outlier years.
Peer comparison
Dec 31, 2024