Xpel Inc (XPEL)

Receivables turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Revenue US$ in thousands 420,400 396,293 323,993 259,263 158,924
Receivables US$ in thousands
Receivables turnover

December 31, 2024 calculation

Receivables turnover = Revenue ÷ Receivables
= $420,400K ÷ $—K
= —

The data provided indicates that the receivables turnover for Xpel Inc is not available for the years ending December 31, 2020 to December 31, 2024. Without specific values for receivables turnover, it is difficult to assess the efficiency of Xpel Inc in collecting its accounts receivable during these periods. Receivables turnover is a critical metric that helps determine how quickly a company is converting its credit sales into cash. A higher turnover ratio typically indicates that a company is efficiently managing its accounts receivable, while a lower ratio may suggest potential issues with collections or credit policies. In the absence of this data, further analysis of Xpel Inc's liquidity and cash flow management may be necessary to gain a more comprehensive understanding of its financial performance.